China Commercial Real Estate Market worth US$ 723.51 billion in 2024 with a CAGR of 6.15%

Nehashaikh01 Jun, 2022Business

The report " China Commercial Real Estate Market, By Property Type (Offices, Logistics, Industrial, Retail, Hotels, and Multifamily) - Trends, Analysis and Forecast till 2030?. China Commercial Real Estate is projected to grow from US$ 540.45 billion in 2019 to US$ 723.51 billion in 2024 with a CAGR of 6.15%. The financial industry of China accounts for most of the office-space demand which is the major driver for the target market growth. Also, traditional financial institutions added the most occupied space which has developed the target market growth. Furthermore, commercial banks and insurance companies looking to establish local headquarters usually have a large demand for office space which has upsurge the target market as well.

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