Chinese companies have found it difficult to secure offices, logistics facilities and retail space when expanding their footprints abroad, forcing some to put their global expansion plans on hold due to failed property strategies, according to a JLL report.
The real estate services firm said 82 per cent of corporate respondents in a survey reported either paying more than expected to buy or rent properties, or wasting time in failed searches or prolonged furnishing, representing a stern…
Source : South China Morning Post
Read more…Property challenges put Chinese firms’ go-global plans at risk, JLL says















