For immediate release, 2009-05-07
by Hingyin Lee
Colliers International, Shanghai
Shanghai's prime retail shopping space was relatively unscathed amidst the current global financial crisis. Prime retail rental holds firm and vacancy rate hovers at low level.
Have the repercussions of the crisis come just too late? Are the retail market fundamentals undermined?
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About Colliers International
Colliers Macaulay Nicolls Inc. (CMN), operating as Colliers International, is a leading international real estate services company that provides a full range of services to commercial real estate users, owners and investors worldwide. These services include brokerage, property management, hotel investment sales and consulting, corporate services, valuation, consulting and appraisal services, mortgage banking and research. Through greater knowledge and specialization, CMN strives to accelerate the success of all its clients, partners, professionals, management and staff. CMN is a FirstService Company (Nasdaq: FSRV; TSX: FSV.SV). CMN is the largest member firm of Colliers International, one of the world's top commercial real estate services organizations, with revenues over US$2 billion in 2007 and 293 offices in 61 countries. CMN can be found on the Web at http://www.colliersmn.com. Locally, Colliers professionals serve clients throughout China.
Contact Information
For further information, please contact:
Hingyin Lee
Director, Research and Advisory
Tel : 86 21 6141 3580
Email: Hingyin.Lee@colliers.com
Julian Jiang
Senior Analyst, Research and Advisory
Tel: 86 21 6141 3592
Email: Julian.Jiang@colliers.com
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