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BEIJING: Property services firm DTZ Holdings Plc plans to hire more staff and open new offices in China over the next year to tap the fast-growing market, a senior executive said on Wednesday (March 31).
China's property market is booming, with urban real estate prices rising in February by the fastest clip in almost two years, although the government is trying to prevent market growth from overheating.
"We're understaffed at the moment, so we're definitely hiring," said DTZ's North Asia chairman David Watt, who oversees China, Hong Kong, Taiwan and South Korea.
"I would like to have 100 now and another 100 sometime next year," he said, referring to mainland China.
London-headquartered DTZ now has about 1,500 office staff in north Asia, including 1,150 employees on mainland China.
It has offices in 15 Chinese cities, including Beijing, Shanghai and Tianjin, and it plans to increase the number by two to three more over the next year or so, Watt said. DTZ also has offices in Hong Kong, Taipei, Seoul and Busan in north Asia. -- Reuters
