Commercial Leasing in China: An Overview
Cornell Real Estate Review, Vol. 8, p. 26, 2010
9 Pages Posted: 29 Aug 2010 Last revised: 3 Nov 2010
Date Written: August 28, 2010
In an effort to understand how and why investors and other professionals are willing to participate in China’s unsettled commercial leasing market, I recently interviewed Chinese and Western experts in the real estate field, including lawyers, judges, developers, bankers, government officials, and academics. This Article summarizes my findings about China’s commercial leasing market. China’s new property law provides some insight into how China’s real estate market functions, but a full picture requires an understanding of how these professionals have operated in a legally uncertain environment, both before and after the new law became effective.
Keywords: Property, Land Use, Real Estate Finance, Chinese Property Law
JEL Classification: K11, O17, O18, P21, P31, P32
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