Shanghai remains top destination for real estate investors

Shanghai remains the most important real estate investment destination in the Chinese mainland and a gateway city for international investors, a major report said.

As China's financial hub, Shanghai has maintained its standing as a favored destination for investors by concluding the most cross-border deals in the country, a real estate forecast report called Emerging Trends in Real Estate Asia-Pacific 2020 jointly published by the Urban Land Institute (ULI) and PwC said.

Despite concerns over trade tensions between China and the US, overseas investors are flocking to Chinese real estate markets. Shanghai in particular is viewed as a gateway destination by global institutions which believe they must have a presence there in diversifying their portfolios.