Commercial property investments hit highest level since 2005

China's commercial property investment amounted to 53 billion yuan ($7.68 billion) in the first quarter of 2019, with half coming from cross-border investors, according to a recent report.

Both the commercial property investment transaction and office trade volume in the first quarter posted their highest figures among those in the same period since 2005, or more than 53 billion yuan and over 25 billion yuan respectively, a report by global real estate consultancy CBRE said.

"Commercial property investment remained active in China, driven by (the) strong appetite of foreign investors," said Ben Duncan, CBRE's president for North Asia.