It is not surprising that now is a very challenging time for the global real estate market because of the outbreak of COVID-19. Given the heightening uncertainty, property transaction has been rather depressed and investment volume fell a lot. But China seems to be an exception. The green shoot is firstly found in the Chinese real estate sector. We have also seen ever-rising interests of Chinese real estate market from global institutional investors.
Haoran Wu, Research at Nuveen Real Estate, one of the top 5 real estate investment managers in the world, shared her observations about the impacts of this health crisis on global real estate market and Chinese real estate market, in particular, pointing out how China differs from its global peers in the path of recovery and the trends and opportunities emerging from the crisis.
“All these observations indicate the ever-rising interest of this asset class in China from global institutional investors.