On November 13, CBRE Group, Inc. established its 13th branch in Changsha, capital of central China’s Hunan Province. Changsha Branch will offer a full range of real estate services for customers from Hunan and Jiangxi provinces, including property management, retail consultation, office building and industrial leasing as well as advisory & research services.
Changsha has witnessed fast economic growth in recent years, whose economic aggregate ranks 7th among all provincial capitals and comprehensive competitive power ranks the first in central and western China.
In order to fuel economic growth, Changsha vigorously accelerates the development of modern service industry while maintaining rapid growth in industry. With the implementation of “Rise of Central China” strategy, many domestic enterprises and international companies and investors have been attracted to invest here.
Chris Brooke, the president & CEO of CBRE in China stated that the establishment of Changsha Branch embodies CBRE’s strategy of providing industry-leading real estate services for Chinese customers. China’s real estate industry develops very fast with huge potential business opportunities in the second- and third-line markets. He added that Changsha Branch is an important service platform of CBRE in China and will help customers seize market opportunity in central China by exploiting the company’s local market advantage.