14 Jun '11, 12am

China is still the place to be

China is still the place to be

PROPERTY investors have been paying more attention to China over the last 18 months as real estate markets recover across the globe. China, and other developing markets in the Asia-Pacific region, are now seen to be more attractive to investors as they have to look harder and further for bargains, analysts said. "We're seeing that core real estate assets are still in strong demand across Asia-Pacific," said Greg Penn, CB Richard Ellis' executive director of investment properties for Asia. "Global real estate investors including private equity, pension funds, and Reits are taking advantage of the still low financing costs on prime assets and continue to tap into the growing pool of capital looking to secure or increase presence in the Asia-Pacific region." DTZ's flagship Money into Property report similarly observed that the recovery in the global real estate landscape is b...

Full article: http://www.asiaone.com/Business/News/Story/A1Story2011060...

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