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Real Estate Briefing - Categorized | Investment, Market Moves more

Property investors lie in wait for China slowdown

Posted on 11 April 2012

Cash-strapped Chinese property companies may face a reckoning this year amid high debts and a government campaign to bring down housing prices. If that happens, a number of outside investors are waiting to step in.
Prompted in part by approaches from Chinese and Hong Kong property companies, French insurer AXA SA’sreal-estate arm is planning to make its first investment in China this year and hopes to invest €2 billion ($2.6 billion) in the market over the next five years, mainly in major cities such as Beijing and Shanghai………………………………………..Full Article: Source


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