Will Retail Commercial Real Estate Projects Come To An End?
Not long ago
Economics
On the seminar held by the Observer newspaper on the current situation and trend of China's commercial real estate, many guests mentioned that the competition of commercial real estate has been facing a vicious competition.
In the next three to four years, a large number of retail real estate projects will be closed down.
Guo Zengli, vice-chairman of the Asian Shopping Center Association, believes that commercial real estate development is too fast at present, but it does not match the needs of the retail industry.
It is not a supply problem, but a problem of effective supply.
He thought that it would not take three or four years and so long as long as a year and a half to two years, there would be many problems in the commercial real estate enterprises.
Assistant to sunshine new real estate president and Beijing Ruijing Sunshine Business
Administration
Li Rui, general manager of the company, said that in Europe and America, a candy store can achieve four hundred or five hundred square meters, and paying rent is normal.
But in China, because of vicious competition, there are many phenomena of low rent and rent free, which attract many brands and make many retail real estate in poor state of input and output.
He predicted that there might be a number of projects that went bankrupt between three and four.
business
The emergence of real estate predators may also lead to foreign mergers and acquisitions.
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