国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Center

US Capmark joins Wuxi property development

By Zheng Lifei (China Daily)
Updated: 2007-06-26 09:40
Large Medium Small

Capmark Financial Group Inc, a US-based real estate financial company, has teamed up with a Chinese developer for a property project in Wuxi, its first foray into the country's property market.

The US firm will invest more than $30 million for a minority stake in a residential project, which will be jointly developed with Shanghai-based Chiway Holding.

The Wuxi project in East China's Jiangsu Province, scheduled to be completed by 2010, covers 323,530 square meters and comprises 2,800 residential units, according to Chiway Holding, which acquired the land last August.

Chiway will be responsible for the development of the Wuxi Regent Town project, which is located in the city's New District.

"We see urbanization, the emergence of growing middle class, and availability of residential mortgage as important factors contributing to the long-term growth of the residential market in Wuxi," said a statement by Dawson Steven Lin, president andCEOof Asia operations, Capmark Financial Group Inc.

Related readings:
US Capmark joins Wuxi property development Developers face heavy fine for illegal acts
US Capmark joins Wuxi property development Property investment grows 27.5% in 1st 5 months
US Capmark joins Wuxi property development Foreign investment in real estate regulations issued
US Capmark joins Wuxi property development 
Heavy taxes on developers proposed

"We continue to believe in the long-term prospects of the Chinese economy and its real estate market."

Capmark, one of the largest mortgage service providers in the United States, will mainly focus its investment in eight Chinese cities including Beijing, Shanghai and Guangzhou, according to Daniel Li, managing director, Capmark Finance Inc China.

Residential development will be Capmark's major focus, but it will also explore opportunities in the commercial buildings business in China, said Li.

Investment in China's property market amounted to 721.4 billion yuan in the first five months of this year, up 27.5 percentyear-on-year, figures released by the National Bureau of Statistics showed, 504.2 billion yuan of which was poured into residential projects.

A growing number of both local and overseas property developers are moving into China's second-tier and third-tier cities, attracted by the relatively low land prices and the untapped market there.

Kerry Properties, a Singapore-based developer, this month said it has bought two plots in Chengdu for 1 billion yuan for a residential project, its first move in the city.

Capmark, which has three core business areas - lending and mortgage banking, investment, and fund management - opened its Shanghai office in 2005. The office has a staff strength of 15.

分享按鈕
沁阳市| 正镶白旗| 高碑店市| 望江县| 虎林市| 图木舒克市| 平泉县| 蒲城县| 焦作市| 南投县| 嘉鱼县| 晋州市| 宜昌市| 瓦房店市| 会泽县| 泰兴市| 临潭县| 九江市| 阿克陶县| 郯城县| 湟源县| 凌海市| 沅江市| 城固县| 曲周县| 周口市| 绥德县| 定兴县| 高邮市| 湘潭县| 元阳县| 鄯善县| 兰坪| 望都县| 梨树县| 商城县| 雅江县| 马关县| 民丰县| 江城| 社会|