Australian commercial property portal operator Real Estate Commercial has created a new version of its website for the Chinese market.
The new website, zhongguorec.com, lists commercial property for sale and rent in both Chinese and English, and also allows users to search businesses for sale.
zhongguorec.com is pitched at property developers and private sellers as well as real estate agents. Standard for sale listings cost 580 Yuan (US$84) and remain active until the property is sold. Premium listings cost 880 Yuan, while rental listings are slightly cheaper.
Real Estate Commercial explains that the new website is currently in beta and will be officially launched in July this year.
Russell Robertson, managing director of Real Estate Commercial Australia, says the website is the beginning of the company's expansion into other Asian countries. A Hong Kong website is also scheduled to be launched in the next few months.