A total of 10 en-bloc investment deals were concluded in Beijing during first quarter 2021, according to Savills. A diversified collection of properties changed hands and included office, complexes, serviced apartments, hotels and a range of other property types. The combined consideration of all the deals reached RMB 13.29 billion ($2 billion), reported Savills.
“The overall performance of Beijing’s investment market was stable in first quarter 2021,” said Vincent Li of Savills Research. “Domestic and foreign investors, as well as developers, were all actively seeking projects worthy of investment in Beijing’s post-COVID-19 market. Institutional investors preferred mature properties with stable returns and appreciation potential in order to improve their asset allocation.”
The market investment environment is expected to improve moving forward, with increased transaction activities. Assets available for sale are expected to be more diversified than previou
