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Recent Greater China News
Rate Cuts Stimulate Market Activity and Help Stabilize Hong Kong Home Prices, Greater Central Grade A Office Rents Show Upward Momentum
A sustained low-interest-rate environment and buoyant stock market have helped Hong Kong home prices to stabilize and show upward momentum. Capital market sentiment has improved with gradual interest rate cuts and attractive pricing across property sectors. Grade A office rents stabilized in Q4 while net absorption reached 1.1 million sq ft. Retail sales performance continued to recover.
Rosanna Tang • 10/12/2025
China’s REIT Market Accelerates Growth, Signaling a New Era for Real Estate Investment
China’s Real Estate Investment Trust (C-REIT) market is entering a transformative phase, marked by rapid expansion in issuance size, diversification into emerging asset classes, and rising institutional investor confidence. The market has grown to an issuance scale of RMB207 billion across 77 projects as at the end of November, shared Cushman & Wakefield subject matter experts at the MIPIM Asia Summit 2025.
Rosanna Tang • 04/12/2025
China’s 15th Five-Year Plan Signals Transformative Changes for Real Estate
Cushman & Wakefield's The 15th Five-Year Plan — Reshaping China's Real Estate Market Landscape for the Next Five Years report provides an expert interpretation of the communique from the Fourth Plenary Session of the 20th CPC Central Committee, and explores how the new Five-Year Plan (FYP) will influence China’s real estate market from 2026 to 2030.
Mandy Qian • 20/11/2025
Green Gains — Unlocking Commercial Real Estate Value Through Sustainability
This report explores how sustainability influences operational performance, asset value, and investment decisions within the commercial real estate (CRE) sector within the Chinese mainland. It provides a comprehensive examination of key Environmental, Social, and Governance (ESG) drivers, policy frameworks, market trends, and benchmarking tools
Mandy Qian • 06/11/2025
Cushman & Wakefield Advises on Landmark CapitaLand Commercial C-REIT IPO
Cushman & Wakefield has successfully advised on the initial public offering (IPO) of CapitaLand Commercial China-REIT (C-REIT), which was officially listed on the Shanghai Stock Exchange on September 29, 2025. This marks a significant milestone as China’s first publicly offered retail infrastructure securities investment fund sponsored by an international firm.
Mandy Qian • 04/11/2025
Cushman & Wakefield Takes Valuation Team of the Year Winner Award at RICS Hong Kong Awards 2025
Cushman & Wakefield has again been recognized for its leading professional service excellence at the Royal Institution of Chartered Surveyors (RICS) Awards in Hong Kong. The firm was awarded Winner in the “Valuation Team of the Year” category at the 2025 awards ceremony.
Rosanna Tang • 27/10/2025
Hong Kong Residential Market Activity Supports Confidence for Home Prices to Bottom Out and Rally Within Year-End
Hong Kong's residential market sustained momentum in Q3, supported by lower mortgage rates, a buoyant stock market, and developers’ primary market new home launches. Prime Central subdistrict office rents showed early signs of recovery and edged up. Overall retail sales experienced some stabilization in the first two months of Q3, with an uptick of 2.8% y-o-y through July and August.
Rosanna Tang • 08/10/2025
Greater China Retail Supply/Demand Trends 2025 — Shifting Consumption Pattens Reshaping Retail Real Estate
Total prime retail property stock in the core markets of the 15 major cities in Greater China tracked by Cushman & Wakefield reached 116.7 million sq m at the end of Q2 2025. The Chinese mainland’s retail market demonstrated resilience in the past year, supported by consumption-boosting measures. However, the overall average vacancy rate across the 15 major cities rose y-o-y to 11.1% in Q2 2025.
Mandy Qian • 25/09/2025
Grade A Offices: Tenant Advantages Deepen With Greater Flexibility and Choice — Greater China Top Office Supply/Demand Trends
Total Grade A office inventory in the core markets of the 20 major cities tracked in the Greater China Top Office Supply Demand Trends report totaled 72.1 million sq m at the end of Q2 2025. Total premium core city office net absorption across the Greater China market for the H1 2025 period reached 0.76 million sq m, up 5.5% y-o-y.
Mandy Qian • 28/08/2025
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