Savills

Research article

Shenzhen Investment 1H/2020

Shenzhen’s en bloc sales investment market sees record year in 2019

Shenzhen has enjoyed many political and economic advantages compared to other mainland cities due to its special city positioning and its proximity to Hong Kong, leading its GDP growth rate to continue to outstrip that of China over the past decades.

The city’s positive developments have significantly strengthened investor sentiment and confidence, resulting in a sound increase in the investment inquiries volume, site visits and eventual transactions in 2019. During the year, a total of 16 en bloc sales transactions, covering the office, retail, industrial park and apartment sectors, were concluded, yielding a record-high combined transaction price of RMB41.1 billion in Shenzhen’s property investment market. Not only did this demonstrate that 2019 was an active year for Shenzhen’s investment market, but also that investor profile of the overall market became more diversified, relative to the previous years.

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