08.07.2009 - China: Property firms eyeing overseas realty buys
From Rednet.cn: Buoyed by the visit of China's first home-purchase delegation to the US in February, a growing number of Chinese institutional investors and property firms are seeking overseas buying opportunities in the real estate sector, but with a much more serious and low profile approach. "One or two property deals valued at more than $100 million each are expected to be inked in the next six months, and another four to five deals are in the pipeline," Jeremy Helsby, CEO of Savills, a UK-based real estate service provider, told China Daily in an exclusive interview..........Full Article: Source
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