2025 China Investor Intentions Survey

CBRE’s 2025 China Investor Intentions Survey was conducted between November 12 and November 29, 2024. A total of 125 investors participated in the survey, which asked respondents a range of questions regarding their buying appetite and preferred real estate strategies, sectors, and markets for 2025.
 
Overall investor sentiment turned more cautious in 2025, with 41% of respondents saying they would “buy more” in 2025, a slight decline from the previous year. Willingness to sell rose to an all-time high of 51%. Some 60% of investors expect market activity to recover by the end of 2025 as asset prices continue to adjust and interest rates decline. CBRE expects full-year commercial real estate investment volume to grow by 5-10% y-o-y in 2025, with industrial & logistics and rental housing set to be investors’ preferred sectors. Investment in retail assets will remain active, while core office buildings in tier I cities will continue to attract attention from long-term capital and owner-occupiers.