日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Top Stories

Chinese keep buying US real estate

By Michael Barris in New York | China Daily USA | Updated: 2013-11-08 12:58

Chinese investors will continue to pour money into US commercial real estate deals despite China's recent economic slowdown, according to a report.

"At the moment, we've seen no evidence - seen nothing that says there will be a slowdown (in deals)," said Steve Blank, senior resident fellow for the Urban Land Institute (ULI), during a question-and-answer session at the release of the ULI's "Emerging Trends in Real Estate" report in Chicago on Thursday.

"The people who have the capital and are interested in investing in the United States seem to be able to operate independently of the general economy," Blank said in reply to a question from China Daily at the presentation broadcast live on the Internet.

The study, jointly produced by ULI, a nonprofit research organization, and accounting firm PriceWaterhouseCoopers LLP, said the US real estate recovery will gain momentum in 2014, as investors shift their focus to secondary markets.

The report also kept San Francisco on top as a market to watch, but moved up Houston from number five to number two based on the city's investment and home building prospects. Miami, benefiting from South American investment, moved to eighth from 12th while Washington, the source of investor federal-government "fatigue", plummeted from 8th to 22nd, according to the report. New York slipped two places to number four amid growing concern that pricing is too high.

Based on interviews with more than 900 real estate executives, including developers, investors and financial firms, the report included "China's moderating growth" among headwinds facing the industry in 2014. Other problems are a "stubbornly high' unemployment rate, uncertainty over government regulation and fiscal policy, a likely increase in the cost of both equity and debt capital, and economic uncertainty in Europe.

Blank said that even as China's GDP growth rate has declined in the past two years to a single digit percentage from a double-digit figure, "we had increasing amounts of capital from Asia interested in investing in the United States".

Chinese investment in US and other overseas real-estate markets has grown as China's leadership maintains residential-property curbs aimed at holding down skyrocketing prices. Last month, Shanghai-based Fosun International - the investment firm headed by billionaire Guo Guangchang - agreed to pay $725 million for One Chase Manhattan Plaza, a high-profile 60-story office tower in New York's financial district. In June, a group led by real-estate tycoon Zhang Xin acquired a 40 percent stake in the most expensive US building - the General Motors office tower in midtown Manhattan.

In July, Shanghai-based Greenland Holdings Group acquired a downtown Los Angeles site for a $1 billion hotel-office-residential project. In February, Shenzhen's China Vanke Co announced a $620 million luxury high-rise condominium project in San Francisco with New York-based Tishman Speyer Properties LP.

The report sees investor demand for commercial real estate picking up along with the economy next year, even if interest rates rise.

"The steady economic recovery and job creation has created tailwinds that have propelled the commercial real estate market forward, and momentum of this recovery seems powerful enough to weather spikes in interest rates that may be inevitable," said Mitchell Roschelle, PwC's national real estate practice leader.

Commercial-property lenders are expected to ease restrictions imposed after the 2008 credit crisis, with a rise in financing seen for 2014. The commercial mortgage-backed securities market ranks at the top of the survey for expected change in availability, according to the report.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲精品福利在线观看 | 丝袜一级片| 99久久久成人国产精品 | 欧美激情图片小说 | 二区在线播放 | 天天躁日日躁狠狠躁av麻豆男男 | 欧美日韩中文 | 欧美大片高清免费观看 | 日本中文字幕精品 | 久久国产一区 | 色呦呦精品| 99精品久久久久久中文字幕 | 超碰狠狠干 | 久久久久久久久国产 | 久久视频黄色 | 91亚洲在线 | 国产999在线 | 国产成人精品视频免费 | 在线高清av | 国产高清一级 | 91精品国产综合久久福利 | 天堂久久精品 | 久久午夜国产精品 | 91狠狠干 | 国产三级自拍 | 毛片视频在线免费观看 | 手机在线亚洲 | 久久中文免费视频 | av国产一区 | 亚洲国产精品视频一区 | 国产精品久久久免费看 | 五十路毛片| 天天操天天爱天天干 | 心动小房东动漫1至6集 在线观看免费 | 免费特级黄毛片 | 色婷婷一区二区 | av老鸭窝| 国产亚洲精品成人 | 欧美日韩在线观看成人 | 国产精品乱码久久久久久 | 日本免费一二三区 |