Foreign investment in real estate in Guangzhou and Shenzhen, two core cities in Beijing’s Greater Bay Area scheme, hit 7.5 billion yuan (US$1.09 billion) in the first quarter of the year, up by nearly half from the 5.2 billion yuan seen in all of 2018.According to the latest report from property consultancy Cushman & Wakefield, foreign investment in the two cities accounted for 33 per cent of the 22.7 billion yuan invested in the two cities in the first quarter.“The [bay area] initiative has…
Source : South China Morning Post
Read more…Greater Bay Area initiative drives foreign investment in Guangzhou and Shenzhen real estate















