The past two decades have witnessed substantial change in the Chinese economy. Consequent upon this has been significant new office development. Beijing and Shanghai are the two largest commercial property markets in China. These two markets emerged since 1990s and have been growing and becoming...

The Shanghai office market has developed rapidly over the past two decades. As a consequence of this development, two, apparently distinct, office submarkets, Puxi and Pudong have developed in central Shanghai. This raises the issue as to whether the Shanghai office market can be viewed as a...

The Shanghai office market has developed rapidly over the past two decades. As a consequence of this development two, apparently distinct, office markets, i.e. central Puxi district and Lujiazhui district in Pudong, have developed in central Shanghai. This raises the issue as to whether the...

Modern commercial office market in Shanghai emerged with Chinaís economic reform and open door policy in the 1980s and grew fast at the beginning of 1990s, with increasing demand for office space from foreign and domestic occupiers. Though total real estate investment is skewed towards...

This paper represents the first systematic attempt to develop an econometric model of retail rent determination in Chinese cities. It investigates rent determination in three major Chinese retail centres – Beijing, Shanghai and Guangzhou – over the period 1999 to 2012. The study...

Purpose – Shanghai is the most important economic centre in China. It also has the nation's largest modern office market in terms of floorspace and investment values. However, as with office markets in other cities and countries, the Shanghai market displays rental volatility. This paper aims...