Local PE boom tipped for China commercial real estate
The nascent sector is still largely funded by foreign investment, but Treasury China Trust expects this to change.
Singapore-listed property firm Treasury China Trust (TCT) believes China’s commercial real estate sector is set to attract a great deal more capital from domestic sources in the near future.
Company chief executive Richard David points out that the commercial property market is still nascent in China and dominated by foreign investment.
“Real estate is a domestic industry,” he says. “As markets mature, they tend to have far more input from domestic capital than foreign capital. …
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