Real estate funds turn to China
By Hu Yuanyuan | China Daily | Updated: 2009-02-13 07:51
Ji Gang, director of Savills (Beijing), is quite busy these days, coping with growing inquiries from international real estate funds.
"Compared with the fourth quarter of last year, foreign institutional investors now seem to be more specific about their investment target in China, as the macro environment becomes clearer," Ji told China Daily.
Most of the real estate funds contacting Ji are from Southeast Asia and the US. Office and retail sectors are the most popular choices with these investors.
Photo