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  • © 2021

Understanding China’s Real Estate Markets

Development, Finance, and Investment

Editors:

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  • Offers a framework and an overview for understanding the complexity of China’s real estate markets

  • Compiles contributions from multi-disciplinary practitioners and academics to provide an international perspective

  • Discusses major real estate topics critical for shaping the real estate industry and guiding related transactions

Part of the book series: Management for Professionals (MANAGPROF)

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  • ISBN: 978-3-030-71748-3
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Table of contents (22 chapters)

  1. Front Matter

    Pages i-xvii
  2. Structural and Macro Economic Aspects of Real Estate in China

    1. Front Matter

      Pages 7-7
    2. Navigating the Property Data Landscape

      • Robert Ciemniak
      Pages 21-34
    3. China’s Economy at the Crossroads

      • Klaus-Jürgen Gern, Philipp Hauber
      Pages 35-52
    4. China’s Provinces: Addressing the Discrepancies at the Local Level

      • Hannah Levinger, Christian Braun
      Pages 53-70
  3. Legal and Regulatory Environment for China’s Real Estate Markets

    1. Front Matter

      Pages 87-87
    2. Real Estate Valuation in China

      • Florian Hackelberg, Nova Chan
      Pages 101-114
    3. The Regulation of Leasing Activities

      • Karen Ip, Nanda Lau
      Pages 115-126
  4. Finance and Investment for Real Estate Development

    1. Front Matter

      Pages 137-137
    2. The Leverage Game: From Offshore to Onshore

      • Dave Chiou, Joe Zhou, Megan Walters
      Pages 139-157

About this book

China’s economy has been transforming rapidly over the last 25 years. As a result, Chinese conurbations have changed remarkably, with cities expanding both vertically and horizontally, and the physical environment acting as a medium for unprecedented urbanization. This has provided vast opportunities for investors, real estate developers, and service companies, but also presents huge challenges—as traditional city spaces have been reconfigured, environmental risks and the volatility of real estate markets increased. However, as engagement with China is becoming strategically important for many, forming a synthesized lens through which to read China across the vicissitudes of its real estate sector bears historic significance.

By offering an insightful framework and structure for understanding China’s variegated real estate dynamics, players, and markets, Understanding China’s Real Estate Markets codifies the principles and practices of real estate development, finance, and investment in China and builds foundations for future academic research and practical knowledge in shaping and engaging the urban environment within China and beyond.


Keywords

  • Real estate investment
  • Real estate finance
  • Project development
  • Legal environment
  • Listed Vehicles Financials
  • Sustainable buildings
  • Special Economic Zones
  • China
  • Chinese associations
  • Chinese business networks
  • Real estate valuation
  • Monument protection
  • Heritage rights
  • Open-end real estate funds
  • Closed-end real estate funds
  • REITs
  • REOGs
  • Residential property
  • Retail property
  • Hotels market

Editors and Affiliations

  • Graduate School of Design, Harvard University, Cambridge, USA

    Bing Wang

  • IRE|BS, University of Regensburg, Regensburg, Germany

    Tobias Just

About the editors

Bing Wang is the Associate Professor in Practice of Real Estate and the Built Environment at Harvard University Graduate School of Design (GSD). She is Faculty Co-Chair for the Real Estate Management executive program, a joint program between Harvard Business School and Harvard Design School, and directs the GSD’s Advanced Management Development Program, the school’s advanced education activities for senior real estate executives. Wang obtained her doctorate and master’s degrees from Harvard University and her B.Arch. from Tsinghua University. On her industry experience, Wang worked at Lehman Brothers before founding her own real estate investment management firms, with Citigroup, Starwood Capital, Cargill, and Rockpoint as institutional shareholders. Wang acts as an investment advisor and developer for multinational companies in the USA, China, Japan, Saudi Arabia, and Singapore. She is also a design principal of her own design firm. Her publications include journal papers, book chapters, and the books The Architectural Profession of Modern China (2011), Prestige Retail Design and Development (2014), and Global Leadership in Real Estate and Design (2015). She is on the Steering Committee of Harvard China Fund, on the board of the Chinese Society of Urban Studies, and is an elected Board Director of the American Real Estate Society.

 

Tobias Just is the Managing and Academic Director at the IREBS Immobilienakademie and a Professor of Real Estate at the University of Regensburg (Germany). Prof. Just studied Economics in Hamburg (Germany) and Uppsala (Sweden). His doctoral dissertation was awarded the university science prize in 2001. He subsequently worked for more than ten years at Deutsche Bank Research. Prof. Just has published more than 160 papers in professional and academic journals and books and eight books on various real estate and economics topics. He is President of the German Society of Property Researchers (gif), and an editor for ZIÖ – the German Journal of Real Estate Research. In 2017, Prof. Just became a Fellow of the RICS. From 2012 to 2018 he was a member of the Executive Management Board of the German section of the Urban Land Institute.


Bibliographic Information

  • Book Title: Understanding China’s Real Estate Markets

  • Book Subtitle: Development, Finance, and Investment

  • Editors: Bing Wang, Tobias Just

  • Series Title: Management for Professionals

  • DOI: https://doi.org/10.1007/978-3-030-71748-3

  • Publisher: Springer Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

  • Hardcover ISBN: 978-3-030-71747-6

  • Softcover ISBN: 978-3-030-71750-6

  • eBook ISBN: 978-3-030-71748-3

  • Series ISSN: 2192-8096

  • Series E-ISSN: 2192-810X

  • Edition Number: 2

  • Number of Pages: XVII, 305

  • Number of Illustrations: 41 b/w illustrations, 37 illustrations in colour

  • Topics: Industries, International Business, Financial Economics

Buying options

eBook
USD 59.99
Price excludes VAT (USA)
  • ISBN: 978-3-030-71748-3
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book
USD 79.99
Price excludes VAT (USA)
Hardcover Book
USD 109.99
Price excludes VAT (USA)