久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Industries

CIC increases London property holding

By Diao Ying in London (China Daily) Updated: 2012-10-26 09:28

China's sovereign wealth fund is expanding its presence in the United Kingdom by getting more involved in London's property market.

CIC increases London property holding

Visitors take in the view from the Shard during its inauguration in London. China Investment Corp is in talks to buy Deutsche Bank's headquarters building in the city to gain a stronger foothold in its property market.?[Photo/Agencies]?

China Investment Corporation, the manager of China's $410 billion sovereign fund, is in talks to buy Deutsche Bank's headquarters building in London for 250 million pounds ($403 million), according to British media reports.

The planned purchase is taking place amid a shifting pattern of China's overseas investment in recent years, from financial assets such as bonds to real assets such as infrastructure and real estate, said Mark Williams, London-based chief Asia economist of macroeconomic research company Capital Economics.

The building, known as Winchester House, is being sold by KanAm, the German open-ended real estate fund.

The fund bought the building in 2003 and then leased it to Deutsche Bank. It is the head office of the bank's global investment banking operation, according to KanAm's website.

The purchase would mean CIC has a presence in the property market in both of London's financial centers - the City of London and Canary Wharf .

CIC made its first investment in the UK's property market in 2009, when it became a shareholder in Songbird Estates, which owns Canary Wharf, in the wake of the financial crisis. The district is home to the global headquarters of banks such as HSBC and Credit Suisse, and 90,000 people work there.

The sovereign wealth fund is also involved in infrastructure projects in the UK. In January, it acquired an 8.86 percent stake in Thames Water, the UK's largest water and sewage company.

The UK is more open to Chinese investment than other developed economies such as the United States, said Williams. The British government has maintained a position that China can be helpful when the economy in the UK is not doing well.

"I expect a wave of Chinese investment in the UK in the coming years in sectors like real estate," he said.

London's property market has been attractive to global investors due to its role as one of the world's main financial centers, and the fact that most global financial companies have a presence there. Many European bank headquarters are located in London.

A report by property company Jones Lang LaSalle said investment in central London reached $11.76 billion at the end of the first half of this year, up 24 percent year-on-year. This was mainly driven by overseas investment, which amounted to $8.2 billion.

"Despite continued economic uncertainty in the eurozone, we will continue to see investor demand driven by overseas capital, notably private Asian and sovereign wealth funds," the company said.

In the first half of 2012, Asian investors accounted for 16 percent of transactions, according to the report.

diaoying@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: avtt加勒比手机版天堂网 | 久久精品国产99国产精品免费看 | 午夜宅宅宅影院在线观看 | 91av综合| 久久视屏这里只有精品6国产 | 亚洲三级在线视频 | 日韩精品a | 久久久国产免费影院 | 成人的天堂 | 精品一久久香蕉国产线看观 | 国产日韩欧美 | 国产精品三级手机在线观看 | 亚洲伊人久久综合影院2021 | 性欧美巨大的视频 | 不卡无毒免费毛片视频观看 | 普通话对白国产精品一级毛片 | 免费一级欧美毛片 | 日本三级香港三级乳网址 | 欧美一级毛片免费观看视频 | 亚洲一区二区中文字幕 | 午夜免费理论片a级 | 国产精品日本 | 免费一级a毛片在线播放视 免费一级α片在线观看 | 欧美一级毛片高清免费观看 | 黄色三级视频在线 | 爱福利极品盛宴 | 草草影院www色欧美极品 | 涩涩国产精品福利在线观看 | 成人网18免费网 | 国产精品成人免费综合 | 99在线免费 | 免费小视频在线观看 | 久草中文视频 | 在线视频日本 | 成人网在线免费观看 | 亚洲国产欧美日韩第一香蕉 | 成年人毛片 | 日本阿v精品视频在线观看 日本阿v视频在线观看高清 | 香港免费毛片 | 久久久久久综合七次郎 | 欧美jizzhd欧美精品 |