What’s up with the vacant core CBD area? What is going on with some of the vacant government offices buildings popping up around Beijing?
Join us on February 26 when key speakers from Savills, a leading global real estate firm, presents their latest market update including these and other related topics.
Core CBD extension. Delayed again:
Whether a newcomer or old-timer to Beijing driving by the CBD expansion zone is becoming a familiar sight, with a glance out the window offering a view of seemingly endless construction and until only recently some of the coolest empty buildings in the city. Despite construction originally slated to be completed around 2015, the master planned office block has been plagued by delays – height restrictions, winter construction bans, this list goes on… While rumours will continue to swirl among the tumbleweed, the question remains when will it actually open?
Tongzhou or bust:
On January 11, the Beijing municipal government officially made the move to Tongzhou district, shifting administrative functions out of the city core to the sub-centre. Following a flag-raising ceremony work formally kicked off in the new office buildings, meanwhile nameplates on the older buildings in the downtown area have begun to be removed.
Savills on the ground research team will delve into the latest trends and emerging opportunities in the Beijing real estate market. Providing the latest update on what is happening in the traditional office, retail and residential markets in the city and making sense of what impact this has on you.
The presentation will feature speakers Anthony McQuade, Managing Director of Savills Northern China and Ryan Ukrainec, Senior Manager of Savills Research & Consultancy and will be followed by a discussion and Q&A with a group of senior Savills commentators allowing you to tap into their insights on the latest developments in the office, retail and residential sectors.
Date: Thursday, 21 March 2019
Time: 3:30pm – 5:30pm
Cost: 80 RMB for AustCham Members / 120 RMB for Non-members
Venue: AustCham Beijing Office
Address: Room 2103, The Exchange Tower, B-118 Jianguo Avenue, Chaoyang District, Beijing 100021
We look forward to welcoming familiar and new faces on the day. Refreshments will be provided after registration commences.