Global real estate investment sees a new high

Source:Global Times Published: 2016/12/7 15:03:39 Last Updated: 2016/12/7 15:53:39

The 3rd Real Estate Globalization and Overseas Investment Summit opens in Beijing on December 2. Photo: Yin Yeping/GT

The 3rd Real Estate Globalization and Overseas Investment Summit opens in Beijing on December 2. Photo: Yin Yeping/GT

The 3rd Real Estate Globalization and Overseas Investment Summit themed Investment Innovation and Global Triumph took place in Beijing on December 2. Chinese real estate investors gathered to discuss the growing opportunities in overseas property investment.

In the first half of 2016, China's merger and acquisition volume reached $135.3 billion, exceeding the full-year total in any previous year, according to a Forbes report on July 14. Meanwhile, the real estate investment by Chinese investors overseas was $16.1 billion in the first half of 2016, which doubled from the same period last year, news portal thepaper.cn reported on September 13.

Sponsored by China Real Estate Association and organized by Henry Global Consulting Group, the event was focused on exploring a global capital investment tactic for Chinese companies and individuals. Over 100 business owners, representatives of real estate, commerce, investment and education sectors, experts, media and diplomats were invited to the event.

 Liu Zhifeng, the president of China Real Estate Association, Liu Huiyong, the vice president of the Investment Association of China, Cao Deyun, the vice president and secretary-general of Insurance Asset Management Association of China attended. In addition, Wei Jianguo, the executive deputy director of China Center for International Economic Exchanges and former vice commerce minister, the Irish Ambassador to China Paul Kavanagh and the Greek Ambassador to China Leonidas Rokanas attended the event.

The event was also to build interaction between domestic and overseas companies. During the signing ceremony on December 2, the strategic cooperation was signed between Henry Global Consulting Group and Jupai Holdings Limited, HGC Investment Management and Lennar Group, Henry Global Consulting Group and Invest UK. The China Real Estate Overseas Investment Report was also issued at the event.

Henry Zou, the president and founder of Henry Global Consulting Group said that as globalization is moving forward and global investment has become a popular trend.

"The pursuance of internationalization has also become a way for greater development for companies, families as well as individuals in China," he said.

Henry Zou, the president and founder of Henry Global Consulting Group gives a speech. Photo: Courtesy of Henry Global Consulting Group

Henry Zou, the president and founder of Henry Global Consulting Group gives a speech. Photo: Courtesy of Henry Global Consulting Group

Wei gave suggestions to Chinese investors on seeking diversified investments abroad instead of just focusing on buying big houses via merge and acquisition.

"There are also a lot of economically affordable houses and industrial zones in Africa, Latin America and Southeast Asia for us to build," said Wei. "We should also stimulate the growth in sectors such as concrete, steel and household appliances by developing real estate industry."

He also encouraged investors to be ready for the stronger ties between China and the US, as in his view, the Bilateral Investment Treaty between China and US will be signed in 2017.



 



Posted in: PRESS RELEASE,ENTERPRISE

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