Property News · January 16, 2018

Cash-rich real estate funds in Beijing want to spend, but opportunities are few


Real estate private equity funds in Beijing flushed with cash are finding themselves in a bind, as there is too much capital chasing too few viable investment opportunities.
The capital city’s massive ageing and prime-located commercial properties would, in theory, promise vast opportunities for domestic and international funds to execute the classic “buy it, fix it, and sell it” strategy. In reality, the options are far and few as most outdated buildings rarely change hands,…

Source : South China Morning Post
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