Foreign investors target Beijing property
By China Daily | China Daily | Updated: 2018-07-30 07:41
Foreign investors will play a bigger role in driving Beijing's property investment market this year due to their increasing financing activities in Asia, industry experts said.
In its largest-ever fundraising activity, US private equity firm Blackstone raised $7.1 billion to invest in real estate across Asia, including the Beijing realty market.
UK-based real estate asset manager AEW Capital Management also announced that it had raised $1.2 billion for an Asia-Pacific property fund that includes Beijing as a target market.
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