The outbreak of coronavirus has strained most manufacturing and service industries in China. The broader economic effect on China is still hard to gauge, making bold predictions difficult. To appreciate how the market is reacting to the coronavirus, Colliers has carried out a telephone survey of over 700 landlords, tenants and investors, providing more clarity on how market participants expect to position themselves in 2020.

Based in part on this survey, we recommend :

• Landlords should proactively contact clients and listen to their needs.
• Retailers and mall operators should expand their online footprint, with data centres likely benefiting.
• Depressed near-term valuations provide a chance to hunt for bargains.

For detailed insights into our survey, please download the full whitepaper, Coronavirus: Impact on Chinese Real Estate.

About the Author:

Dave Chiou is a senior director of research in Colliers’ Shanghai market. He spent the first fourteen years of his career as an equity analyst working for large international investment banks including Citigroup and Nomura Securities in Taipei and Hong Kong, and focusing on the real estate and consumer/retail sectors. His research was highly ranked in surveys of major institutional investors such as GIC, JP Morgan and Blackrock.