www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Vanke taking guarded property outlook

By Hu Yuanyuan (China Daily) Updated: 2014-04-01 10:24

Developer China Vanke Co Ltd has an unfavorable view of this year's real estate market, and it will be "cautious" about buying land, company executives said.

"There could be a problem with China's real estate sector this year" because extremely high land costs have driven selling prices beyond the reach of many buyers, Executive Vice-President Mao Daqing said in a group interview over the weekend.

Vanke taking guarded property outlook

Vanke taking guarded property outlook
Vanke taking guarded property outlook

Based on recent land sales in Beijing, the selling prices of projects on those sites would reach 60,000 ($9,640) to 100,000 yuan per square meter.

"But can purchasing power catch up so quickly?" Mao asked.

"A collapse of the whole market is unlikely, and problems will occur mainly with small developers with limited financing channels," Mao added.

Property prices continued to increase in February, but there were signs of cooling in the market for second-hand units, according to the National Bureau of Statistics.

According to Mao, Vanke will drive up sales by keeping prices flat, and it will be "conservative" about land purchases to ensure a healthy cash flow.

"Business scale is not our priority. Solid growth is," said Mao, adding that the company will pursue long-run, high-quality growth.

Vanke, the country's largest property developer by market value, is holding discussions with the Blackstone Group LP's real estate fund about opportunities in the warehouse sector, Mao said.

According to research by Jones Lang LaSalle Inc, built-to-suit and prime warehouse facilities in China and Singapore are among the most attractive long-term options for global real estate institutions.

Modern logistics infrastructure remains underdeveloped across much of the region, and China is a market with relatively few modern facilities, the research said.

On Vanke's internationalization strategy, Mao said it mainly involves the globalization of the company's brand image rather than the expansion of business scale. For example, the company has sponsored the Boston Marathon.

"But it is unrealistic to make lots of money from going global," said Mao, referring to the smaller size of overseas markets compared with the domestic market.

"We will only go to mature markets with strong local partners, even though the profit margins there may be lower than in emerging markets," Mao added.

Vanke announced on Feb 26 that it will work with United States-based developers RFR Holding LLC and Hines Interests Limited Partnership on a residential building in New York. This will be the Shenzhen-based developer's second investment in the US.

"Vanke is also seeking opportunities in the United Kingdom, Australia and Singapore," said Mao.

Chinese property developers invested $7.6 billion in overseas markets in 2013, up 124 percent year-on-year, according to Jones Lang LaSalle.

The agency forecast that Chinese overseas property investment will exceed $10 billion this year.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 成人小视频在线观看免费 | 国产精品11p| 亚洲网站视频在线观看 | 成年人看的黄色片 | 国产高清免费影视在线观看 | 成人a视频片在线观看免费 成人a视频在线观看 | 91成人国产网站在线观看 | 97视频在线免费播放 | 免费一级毛片免费播放 | 欧美日韩免费做爰视频 | 亚洲精品欧洲一区二区三区 | 国产亚洲精品hd网站 | 美女免费在线视频 | 黄到让你下面湿的视频 | 欧美日韩一区二区三区高清不卡 | 99爱视频在线观看 | 亚洲国产99| 黄色毛片免费看 | 久久亚洲国产精品五月天 | 中文字幕成人免费高清在线 | fc2ppv在线播放 | 99热免费在线 | 久久久久综合 | 成年人免费在线视频观看 | 亚洲视频一区二区三区 | 一区二区三区免费视频播放器 | av免费网站在线观看 | 国产中文字幕在线播放 | 国产手机在线视频放线视频 | 国产午夜免费视频 | 一区二区三区免费视频网站 | 久久亚洲精品中文字幕二区 | 中国美女一级片 | 中文字幕中文字幕中中文 | 手机看片精品高清国产日韩 | 亚洲色欧美 | 99在线精品免费视频 | 在线中文字幕亚洲 | 亚洲三级a | 91精品成人免费国产片 | 亚洲综合天堂 |