Major acquisitions in China fell 5% from the previous quarter to US$4.3 billion. Acquisitions in the residential sector fell 69% with only one major transaction recorded, while no major investment transactions were completed in the industrial property sector. The decreased level of investment in China was due to a number of factors including the higher levels of activity recorded in the fourth quarter of 2009, the traditionally quiet period during the Chinese New Year and investors turning more cautious in light of the stricter rules and controls governing real estate investment. It should further be noted that the US$4.3 billion worth of transactions was partly inflated by the US$2.2 billion Capitaland deal, which accounted for 52% of total transaction turnover in China.
内容摘要:Major acquisitions in China fell 5% from the previous quarter to US$4.3 billion. Acquisitions in the residential sector fell 69% with only one major transaction recorded, while no major investment transactions were completed in the industrial property sector. The decreased level of investment in China was due to a number of factors including the higher levels of activity recorded in the fourth quarter of 2009, the traditionally quiet period during the Chinese New Year and investors turning more cautious in light of the stricter rules and controls governing real estate investment. It should further be noted that the US$4.3 billion worth of transactions was partly inflated by the US$2.2 billion Capitaland deal, which accounted for 52% of total transaction turnover in China.