No problems for China commercial property, says Treasury Holdings
Having listed Treasury China Trust in Singapore and hired a regional CIO and CFO, the Irish property investment manager plans further Asian expansion.
There is a widespread belief that China's residential real-estate sector is in better health than the commercial side, but not everyone takes that view. "Actually it's probably the opposite," says Richard David, Shanghai-based chief executive of commercial property investment manager Treasury China Trust (TCT).
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