Recently, the First Pacific released a report, the report shows, the Shanghai office rents in 11 months or modest growth of 0.4% the previous month. It is understood that, given the considerable supply, the owners did not rent Zuochu too many adjustments. From now until the end of December, rent is expected to achieve sequential growth of 1.0%.
The report shows that Grade A office market in Shanghai in November three new projects, bringing 249,000 square meters of new supply. All are located in the Pudong new supply, of which 180,000 square meters of area for the owners own use.
Meanwhile, as the situation develops, the real estate trust investment funds in China gradually expanded its area of investment, such as Ascendas Trust has recently set up its representative office in Shanghai. Off no investment trust traded on the history of Shanghai, but its parent company, Ascendas Group has extensive experience in the market is, the recent investments include the acquisition in September Gauteng building. Off the Trust currently owns and manages in Singapore, including business, science and technology parks, high-tech industrial projects, logistics and warehousing, including 92 projects.
First Pacific said about Singapore's overseas expansion of investment trusts is considered to be the result of natural development, but its interest in China to enhance appreciation of the renminbi can not be denied the factors. New regulations on foreign investment could make things more complicated, however, these experienced players to make timely strategic adjustments will continue to emerge in the Chinese market.
