Bulk property investment in Shanghai falls 14%

Bulk investment in Shanghai's property market in the first half of 2014 slumped 14 percent from the same period in 2013 and may shrink by a further 50 percent by year's end amid narrowing profit margins, a new report says.

The study by property service provider DTZ, released on Wednesday, said that bulk trading investment in the city totaled 15.7 billion yuan ($2.55 billion) in the first half of the year, a drop from a record 18.3 billion yuan in the first half of 2013.

Combined bulk trading may fall sharply and reach only half of that figure by the second half, said Jimmy Yip, managing director of investment and advisory services at DTZ China.