The Market Analysis And Research On The Development Of Commercial Real Estate In Tianjin

Commercial real estate, as a part of the real estate industry, is a multiple industrial form which becomes an important vehicle to promote the city's competitive power. It is a burgeoning industry in China. In recent years, the increasing commercial demand and huge profit brought about the rapid development of commercial real estate in China.Tianjin, one of China's four municipalities, is a major port city in north China. It plays an important role in both the regional and national economic development. In recent years, with the rapid economic development of Tianjin, the city's function and position are enhanced to a great extent. In particular, the idea of Bohai economic triangle circle gives Tianjin commercial real estate a new vitality and an unprecedented opportunity for development. There appeared a number of super commercial real estate projects with high investment value.Based on commercial real estate concept, classification format and theoretical framework of market analysis, the article puts its emphasis on the market and development of the commercial real estate in Tianjin. First, it analyzes the present situation of commercial real estate of the six districts within Tianjin and the Binhai New Area and the characteristics of the main business circle. Second, the article further analyzes the various characteristics of the city's commercial real estate. From the factors of macroeconomic market policy of commercial real estate, social and cultural impact and market supply and demand, the article discusses systematically the problems existed in the city's commercial real estate market, brings forwards the solutions, and at last states the future development of commercial real estate in Tianjin under the government policy and manipulation.