Property investment shifts to commercial real estate

Yang Liping "At present, the residents save about 30 trillion, the funds need to find exports."　　"Liang, senior researcher at the People's Bank of China's Financial Research Institute, July 27, in the real estate Chinese network hosted the" 2010 Coup real Estate "new Thinking Forum raised a question: under the deal, hedge funds will flow to what side?　　An indisputable fact is that, in addition to the speculation of garlic, mung bean, gold, and not to live up to the stock market, investors still on the real estate "Love", and the cooling of residential investment will become commercial real estate "salted fish" the perfect opportunity? Investment capital flocking to commercial real estate "as of now, the proportion of residential investment in Beijing has been less than 14.5% for the first time since the new deal, which is even lower than the 2008 market depression of 18.8%."　　According to the latest survey data from the central plains of Beijing, residential investment may be less than 10% in July. According to a 21st century real estate for more than 200 second-hand housing buyers to make a questionnaire survey report, compared with April before the new deal, Beijing investment property buyers dropped 2/3, just need to become the absolute main market.　　At the same time, by the mortgage tightening, interest rate increase impact, the current second-hand housing buyers of the entire purchase ratio has exceeded 50%, a record high.　　In stark contrast, commercial real estate is in full swing. Soho China, the market vane for commercial real estate sales, recently reported that in early July, the opening of the Chaoyang Gate Soho three Galaxy Soho opened 10 days of sales reached nearly 5.2 billion yuan.　　In the first half of this year, Soho China's unaudited sales amount amounted to 11.89 billion yuan, completing the annual sales plan of 18 billion yuan 66%.　　First Pacific Davis data show that the second quarter of this year Beijing office turnover increased by 30.7%, up to 10.9 billion yuan.　　In addition to retail capital, real estate investment to the other leading role of commercial property also includes the development of enterprises. Industry recently, Beijing Vanke has taken over Citic Real estate's win Ka center, the transaction amount of about 1.3 billion yuan, Vanke or transform it into high-end commercial and residential buildings.　　Analysts believe Vanke is aiming to increase the number of properties held in the city's core areas. Ka-Ming Investment Group, general manager of the company Wei Zhou told the reporter, Jia Ming investment will increase the quality of commercial real estate investment, "The current Ka-ming investment in Beijing, Tianjin, the two commercial land reserves have more than 300,000 square meters, are located in the city's core area."　　"Ka Ming Center volume of about 100,000 square meters, the total investment of about 1.8 billion yuan."　　Take a closer look at the recent period of real estate business land to find information, since this year, Poly Real estate has cost 11.4 billion yuan to win more than 10 commercial and residential plots or pure commercial land, China Resources Real Estate is to invest 40% of the investment in commercial real estate, Green, Cofco, new lakes and Rong an real estate and other housing companies also quietly overweight commercial real estate. Statistics from the National Bureau of Statistics and Beijing Municipal Bureau of Statistics show that in the first half of the year, Sales of office buildings in the country increased 53.2%, commercial houses grew by 41.6%, and sales increased by 91.5 respectively.% and 57.1%. Among them, Beijing completes the office investment 15.81 billion yuan, the growth 1.8 times times, the commercial and the service industry and so on operating the housing investment 12.14 billion yuan, increases 50.4%.　　Corporate capital and the rush of hot money to commercial real estate is a new round of commercial real estate "investment tide."　　Push up prices and residential property, each round of "investment tide" is bound to lead to higher prices of such properties.　　In Beijing, for example, the first Pacific Davis data show that the second quarter of high quality business transactions average price rose 1.2%, to 44800 yuan per square meter per square metre, and grade A office prices are up 7.5%. Reporters in the visit found that in Beijing City eight and six suburban counties of 56 hot spots in the sale of Office projects, 40 items price increases, accounting for all items 71.43%. More than 20% of the projects, 13, accounted for 23.21% of the total, the highest increase of 50%.　　This contrasts with the stagnation or decline in residential projects.　　The "reluctant" mentality of property owners will increase the supply and demand tensions in the commercial real estate market, thus boosting the price of commercial property. First Pacific Davis property consultant (Beijing) Co., Ltd. investment director Guigang told the newspaper reporter, "Many of the demand in the second quarter has not been released, resulting in a relatively light turnover."　　"The main reason is the lack of supply and the scarcity of properties for large funds to buy."　　Wei Zhou admits that every developer is looking for a solution to spread the risk, and commercial real estate is an important way.　　Sunshine 100 Executive Vice President Fan Xiaochong said, after regulation, residential real estate faced more market risk, and commercial real estate value began to appear, single property owners of the reluctant is also understandable. Li Guibin's reason for owning commercial property is simple, "when people are settled, the next step is to entertain and consume, which involves commercial real estate and is a big market." "The recent appreciation of the renminbi is expected to attract international buyers. The demand for international buyers will be more intense in the second half of the year, whether it is long-term holdings or short term purchases. Wang Qiong, director of the research and consultancy department of the first Pacific Davis property consultant (Beijing) Limited, said commercial property prices would also rise steadily.