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 / China Investment Corporation

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: 在线观看一级 | 日本免费人成在线网站 | 91资源在线观看 | 三级做人爱c视频18三级 | 欧美在线一区二区三区精品 | 国产三级三级三级三级 | 久久久久久网址 | 国产草草影院ccyycom软件 | 91成人小视频| 日本一级毛片免费播放 | 国产亚洲精品久久久久久久久激情 | 久久综合久久久 | 91p在线| 日韩三级欧美 | 国产成人91高清精品免费 | 日本免费一级视频 | 综合在线亚洲 | 国产一区二区三区久久小说 | 一级aaaaaa毛片免费同男同女 | 欧美精品高清在线观看 | 国产午夜亚洲精品第一区 | 国产在线a不卡免费视频 | 欧美日韩一区二区三区视视频 | 亚洲精品亚洲人成在线麻豆 | 天天躁日日躁狠狠躁一级毛片 | 亚洲欧美一区二区三区 | 99在线免费观看 | 国产肥老妇视频一 | 亚洲国产精品国产自在在线 | 日本在线免费观看视频 | 免费网站看v片在线香蕉 | 国产精品视_精品国产免费 国产精品视频久 | 91国内精品视频 | 在线观看国产精品日本不卡网 | 亚洲二区在线播放 | 午夜在线播放免费人成无 | 亚洲第一视频在线播放 | 免费视频网站一级人爱视频 | 欧美一级一一特黄 | 国产一级大片免费看 | 男女一级爽爽快视频 |