Chapter
Nov 18, 2014
Evaluating the Commercial Real Estate Development Environment in China
Publication: ICCREM 2014: Smart Construction and Management in the Context of New Technology
Abstract
The financial crisis in 2007 has not only increased the uncertainty factors of the Chinese real estate market, but also caused changes of the global economic landscape. With increasingly fierce competition of the residential development, the trend of profit showed lower margins. In order to get more lucrative returns, more and more real estate developers are turning the business to commercial real estate from residential field. This paper selected 42 variables of 35 large- and medium-sized cities in China, and established a scientific evaluation index system after a study on the commercial real estate development environment by the time-series global principal component analysis.
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Published In
ICCREM 2014: Smart Construction and Management in the Context of New Technology
Pages: 1329 - 1338
Copyright
© 2014 American Society of Civil Engineers.
History
Published online: Nov 18, 2014
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Postgraduate, Department of Construction and Real Estate, School of Management, Harbin Institute of Technology, Harbin, China, 150001. E-mail: [email protected]
Professor, Department of Construction and Real Estate, School of Management, Harbin Institute of Technology, Harbin, China, 150001. E-mail: [email protected]
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.