(1888PressRelease)
September 25, 2007 - The 2008 Beijing Olympic Games, 2010 Shanghai World Expo and the expected appreciation of the yuan are acting to increase the number of foreign private equity funds investing in real estate projects in China, it has been revealed.
A report published by Zero2IPO found that private equity funds invested in China's real estate sector a combined 31 times in 2006.
This injection is valued at $3.037 billion and accounts for 46.6 per cent of the total level of overseas-derived monetary investment in China in the 12-month period.
According to Zero2IPO analyst Chu Wanglin, the popularity of the real estate sector in China with foreign private equity firms can also be attributed to an improved investment environment in the country and a shortage of capital in the industry, Asia Property Report reveals.
A further driver behind the expansion is the country's large consumption market and its rapid economic growth, Mr Chu continued.
Additional analysis of the sector could be supplied by Aranca, an end-to-end provider of on-demand, custom investment, business and economic research.
Copyright and Disclaimer:
Copyright 2007, Aranca. All Rights Reserved.
All the contents of this Site are only for general information or use. They do not constitute advice and should not be relied upon in making (or refraining from making) any decision.
Editors/Journalists/Blogs are invited to request republishing/dissemination rights. All requests to republish Aranca material for distribution should be addressed to:
Aranca Syndication Service at syndicate ( @ ) aranca dot com dot
Tel: +91.22.4005 2219 / +91.22.6725 8115
ARANCA NEWSTRACK -- www.aranca.com
###
