How to arrange the foreign investment in 2020 bulk real estate market?

category:Finance
 How to arrange the foreign investment in 2020 bulk real estate market?


In 2019, if some foreign investors do not have a strong asset management team, their behavior in the investment layout is relatively conservative, Ye Guoping told the international financial news. Because the absorption of office buildings in the whole market in 2019 is relatively slower than that in the same period last year, if there is no strong asset management capability, there will be some concerns about leasing, so they tend to be cautious in project selection. In 2019, they are also more inclined to choose the location as the core, which can be used as a project for upgrading and upgrading, with obvious appreciation space for investment.

At the beginning of 2019, foreign investment in real estate in China was relatively active, which has something to do with the so-called contract continuation - many transactions were determined in 2018, entered into the circulation and delivery state at the end of the year, and only at the beginning of 2019 did they fall into a fixed tone, which played a significant role in supporting the number of transactions in the first quarter of 2019, ye said

But by the second and third quarters of 2019, the performance of the bulk trading market began to become unsatisfactory. Under the influence of trade frictions between China and the United States, RMB fluctuations and other factors, the political atmosphere and economic atmosphere are relatively tense, while foreign investment is more sensitive to these factors, and the impact is more obvious, so its investment behavior tends to be relatively cautious, so the foreign investment in these two quarters is reduced compared with the first quarter of the same year, or even the same period of previous years. Ye said.

By the fourth quarter of 2019, the market has changed and the activity of foreign investment has begun to heat up. After the fourth quarter, we will find that some foreign investment slowly returns and the activity is gradually increasing. On the one hand, this has something to do with the easing of trade frictions between China and the United States and the warming of external environment. At the same time, the market has begun to digest the negative aspects of the past. Therefore, in the fourth quarter, not only the number of transactions has increased, but also relatively high volume transactions such as Pudong Sanlin have appeared in the market, which greatly improves the market confidence. Ye Guoping said.

We are optimistic about the market in 2020. The rate of foreign investment will be gradually active, and some actions will be taken in the investment layout.

Ye Guoping said that foreign investment has raised a lot of funds before, but it has not been released in 2019, so foreign investment will also be active in 2020. In addition, considering that many foreign investors have acquired many projects in the past few years, we predict that they may have some selling behaviors in 2020, and the whole group of foreign investors may present the situation of buy and sell .

From the perspective of segments, ye Guoping believes that foreign investors rarely invest in housing, but they are expected to be quite good in business, which has a lot to do with peoples consumption mode. In terms of common shopping behaviors, although online shopping accounts for a large proportion at present, as a place of online and offline combination, commerce not only carries traditional consumption functions, but also is a platform for display. It is difficult for major enterprises and brands to abandon it. At the same time, people pay more and more attention to experiential consumption such as catering, training, beauty, fitness and so on Deepening, and these requirements are more stringent for the site requirements, as the carrier of the commercial heat will naturally increase with each passing day.

Such a trend, in fact, can be seen in nearly two years of transactions, ye said. Some commercial operators in the market have made some layout actions in the past year or two. For example, Ara acquired Shanghai Sanlin impression city, leading exhibition acquired Shenzhen Central City, Kaide acquired Guangzhou Lefeng square, etc. In fact, these are just the beginning, and the trend rate will continue in the future.

In addition, ye Guoping believes that as an important part of the bulk real estate trading market - office buildings, foreign investors may still be cautious next year, especially in Shanghai. Because there will be more office buildings in Shanghai in the next few years. But the mature office buildings in the core area, as well as some places like dahongqiao and the foreshore, which is called Lujiazui No.2, are more attractive to investors. At the same time, in places like Guangzhou and Beijing, due to the limited supply, the rental rate level is in a relatively high position, and investors attention will be relatively high; in addition, the city represented by Shenzhen benefits from the concept support of Dawan District, and we still have a good outlook for its future.

In addition, ye Guoping believes that as an important part of the bulk real estate trading market - office buildings, foreign investors may still be cautious next year, especially in Shanghai. Because there will be more office buildings in Shanghai in the next few years. But the mature office buildings in the core area, as well as some places like dahongqiao and the foreshore, which is called Lujiazui No.2, are more attractive to investors.

At the same time, in places like Guangzhou and Beijing, due to the limited supply, the rental rate level is in a relatively high position, and investors attention will be relatively high; in addition, the city represented by Shenzhen benefits from the concept support of Dawan District, and we still have a good outlook for its future.