The UK property market should expect to benefit from an “unprecedented expansion” if it follows in the footsteps of host Olympic city Beijing. According to Jones Lang LaSalle, during its preparations for the 2008 Olympic Games China’s capital has seen its office market expand by 46.2%, adding around 28m sq ft of space retail space grow by almost 80%, or 17.4m sq ft of shops and more than 10,000 luxury flats built, representing 41.4% growth in the upmarket residential sector. The games began on Friday (8 August) at the Herzog & de Meuron-designed National Stadium (pictured).
The UK property market should expect to benefit from an “unprecedented expansion” if it follows in the footsteps of host Olympic city Beijing. According to Jones Lang LaSalle, during its preparations for the 2008 Olympic Games China’s capital has seen its office market expand by 46.2%, adding around 28m sq ft of space retail space grow by almost 80%, or 17.4m sq ft of shops and more than 10,000 luxury flats built, representing 41.4% growth in the upmarket residential sector. The games began on Friday (8 August) at the Herzog & de Meuron-designed National Stadium (pictured).
