Foreign investors target Beijing property

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.