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 / Industries

China's domestic capital dominates real estate investment market

By Hu Yuanyuan (chinadaily.com.cn) Updated: 2016-04-21 15:58

China's domestic capital plays an increasingly important role in the country's real estate investment market, with SOEs poised to become significant sellers, a report from international real estate consultancy firm JLL showed on Wednesday.

The report highlights the record-breaking year for commercial real estate investment in China in 2015, with a total value of transacted assets reaching about 150 billion yuan ($23.8 billion), three-quarters of which were driven by domestic investment.

Supported by a range of savvy investors including private equity funds, corporate, State-owned enterprises (SOEs) and insurance firms, China's domestic investment has expanded strongly, with a compound annual growth rate of 15.4 percent over the past eight years, according to the report.

"China's real estate investment universe will continue to grow in line with its economy to accommodate changing investment appetites," said Anthony Couse, Head of Capital Markets for JLL China. "China's domestic investors are becoming increasingly sophisticated and competitive in capturing investment opportunities both domestically and globally. Foreign investors will no doubt continue to increase their footprints across China, but it will be domestic players that still provide the greatest contribution."

China's real estate market has expanded rapidly over the past several years – the total size of its institutionally invested real estate universe in 2015 was estimated to be second only to that of the US, at $806 billion – and JLL predicts that it is likely to maintain a swift pace going forward.

"At the same time," Anthony said, "we are seeing a greater diversity of domestic investors accumulating both the size and experience to build, purchase and sell real estate assets on an unprecedented scale. We expect to see 2015's record broke several times in the years ahead, with domestic capital still providing most of the momentum."

The report identifies five trends as the major forces paving the way for China's domestic investors to carry on driving investment volumes to structurally higher levels:

1. SOEs are poised to become significant sellers in the market: With future SOE reform expected to break up real estate holdings of inefficient State-owned firms, further opportunities will emerge for acquisitions and the repositioning of assets.

2. Chinese insurers are likely to emerge as some of the largest buyers domestically and globally: China's deregulation has allowed domestic insurers to become one of the most active groups of institutional players. As insurance companies grow more experienced with real estate investment, JLL anticipates their investments will expand and even accelerate in the years ahead.

3. Chinese private equity funds will expand their footprints: China's real estate private equity has the potential to develop significantly, and could even receive a boost from the activity of its domestic insurers.

4. Securitization is set to catalyze the next wave of investment activities: The Chinese government has been testing the concept of securitization through numerous pilot programs across the country for years, and the role of securitization will grow as the government improves tax and regulatory clarity.

5. Innovative methods will supplement mainstream investment channels: Applications like crowd-funding and peer-to-peer lending are just two examples of technology-enabled innovations in the real estate investment sphere. JLL expects certain technologies to be embraced even faster in China than they have been in the West.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产区香蕉精品系列在线观看不卡 | 免费欧美黄色 | 久久99久久 | 美女被爆免费视频软件 | 日韩欧美理论片 | 三级视频网站在线观看 | 欧美jizzhd精品欧美另类 | 国产欧美精品综合一区 | 国产精品国产三级国产专播 | 岛国精品成人 | 亚洲乱人伦精品图片 | 男女视频免费 | 亚洲综合天堂网 | 国产成人综合亚洲一区 | 日本加勒比高清一本大道 | 亚洲天堂国产精品 | 毛片随便看 | 国产成人精品亚洲日本在线观看 | 九色91| 在线播放人成午夜免费视频 | 色综合a| 国产精品久久久久一区二区 | 精品欧美一区二区三区四区 | 搞黄网站免费看 | 波多野结衣一级片 | 国产激情视频在线 | 综合网站| 久久久久久亚洲精品 | 日本在线视频免费看 | 亚洲欧美国产中文 | 2020久久国产最新免费观看 | 国产成人免费视频精品一区二区 | 精品日韩欧美一区二区三区在线播放 | 成人午夜兔费观看网站 | a欧美| 亚洲一区二区三区四区五区六区 | 成人a毛片在线看免费全部播放 | 亚欧国产 | 国产精品v免费视频 | 欧美成一级 | 欧美一区不卡二区不卡三区 |