Asia-Pacific housing markets attract Middle-east investors
When the cool wind are passing by US's housing market, thither Asia-Pacific markets show booming. A survey about the region's real estate line predicted in future many years, the area's housing market will be prosperous. Capitals from Middle-east investors will become the largest increase source for the markets.
After ten years' bull, US real eatate showed an obvious slowdown, many analysts expressed their worry on it, but they could see a different situation from thitther.
Wall Street Jounral said citing two US consultant institutes' survey the institutes investment fund attracted by Asia-Pacific real-estate industry are soaring at the degree over any period in history.
Of the capitals entering into the region, those from US investors accounted for 60%, but those from Middle-east investors become more and more, indicating the their concern moving to Asia.
The survey said the capital from Middle-east investors have reached to 50 billion yuan accumulatively in China Mainland. The main projects include Shanghai Jew community, jointly developed by Isrial and Canadia companies and refered to $700 million (HK$5.4); Tianjin Tanggu district Binghai, exploited by Dubai real estate company, refered to $2.73 billion (HK$21.2).
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