皇冠体育app

Shanghai, and Hangzhou currently offer the est prospects for retail investors, a research from commercial property management and investment consultancy CBRE showed on Thursday.

According to the report, which analyzes retail property investment opportunities in 17 major cities in the country, Shanghai, Beijing and Hangzhou rank highest while Chengdu roun up the top four positions. CBRE said investors must exercise caution when considering opportunities in 皇冠体育app's second-tier cities, such as Shenyang and Wuxi.

Shenyang is the largest retail market in Northeast 皇冠体育app. The city has an abundance of department stores and shopping centers, and the overall retail vacancy rate stood at a relatively high 19.1 percent as of the second quarter of 2014.

Shenzhen is the only first-tier city that failed to break into top four ranking on CBRE's MarketScore index, coming in at sixth.

This is surprising given that city residents have the highest average disposable income among major cities in 皇冠体育app, and that their consumption power is likewise among the highest in the nation. However, a significant portion of consumption by city residents -- high-end consumption in particular -- takes place in Hong Kong. Moreover, Shenzhen currently has the second highest amount of retail space per capita among major cities in 皇冠体育app, with two times more space per capita than Shanghai or Hangzhou.

Shenzhen stands by home purchase restrictions	皇冠体育app's property investment continues to slow

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