8 billion yuan

Value of transactions recorded by institutional investors in Beijing’s property market in the first half of this year

The performance of Beijing’s bulk property investment market in the first half of 2018 was flat, with only 14 transactions amounting to 10.2 billion yuan, a 50 percent year-onyear decrease, according to a report from Savills.

That said, institutional investors are still eyeing Beijing’s real estate opportunities, especially those that are scarce in high-quality locations or those that have stable rental returns, according to Savills.

According to Wang from JLL, the volume of institutions’ investments in Beijing’s property this year will probably exceed last year’s 25 billion yuan.

In the first half of 2018, institutional investors have recorded a total of 11 full sale transactions in Beijing’s property market, valued more than 8 billion yuan, according to an industry report from Colliers International.

Although investors are most interested in office buildings, the actual transactions mainly center on the hotel and retail segments, accounting for 42 percent and 31 percent of the total transaction volume respectively, Colliers International’s report said.

In the second half of this year, more tradable assets will surface and more block trade activities could be expected due to the tightening of domestic liquidity and the improvement in macroeconomic factors, according to Colliers International.

Tradable properties will be mainly in non-core areas, and old projects with renovation potential in central areas will also attract sustained attention from investors, Colliers International’s report said.