Download or read book Chinese Outbound Investments in the U S Real Estate Market written by Ya Gao (S.M.) and published by . This book was released on 2016 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese outbound investments have expanded rapidly in recent years and drawn wide attention in the U.S. real estate market. Unlike previous waves of Chinese investment in the past two decades, this batch of capital inflow shows various types of institutional players investing in almost all property types across the U.S. through diversified and innovative deal structures, making headlines and striking record-price deals every few weeks. Chinese investors are also driven by different incentives besides seeking for yield and return, which is partially why the U.S. real estate space is seeing interesting dynamics in the deals and markets where these investors are active in. I would like to take a deep-dive study into these outbound investment initiatives and systematically explore the key opportunities, trends and issues. For this essay, I would like to focus on the institutional side of Chinese investments, namely investments made by capital management platforms or corporates, rather than personal and family office investments into ultra-luxury houses or retail investments through EB-5 programs. As there are limited public data points recorded for executed acquisitions available to assist deep-level exploration, partially due to the relatively small transaction volume in fixed asset space, we decided to implement interview and case study approach in order to obtain front-line view of the potential trends and opportunities. This essay starts with a general overview of China's macro fundamentals and Chinese outbound investments across all destination countries and industry sectors, then analyzes the various aspects of Chinese capital in the U.S. real estate market, including size, structures, geographic breakdown, property type breakdown and key investor types supported by case studies of each investor type. The detailed transaction analysis and investment incentive analysis are also arranged in the section of investor types, since different investors are showing different characteristics. Then I addressed the key issues and trends in this space, including tax issues, granularity, real estate technology investments, macro political trends, the controversial aggressiveness and opportunities for managed accounts business and new players in the field, in order to provide forward-looking perspectives.

Download or read book Chinese Investment in US Real Estate written by Mengjing Ni and published by . This book was released on 2017 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the strong drive of seeking stable returns and hedging against a slowing economy, Chinese investors have extended their investment aggressively around the world to diversify their holdings. In 2016, according to JLL's Global Capital Flow, Chinese investment hit the new height in the overseas property markets, rushing US$33 billion into real estate investments. It led to an increase of nearly 53% y-o-y (Morgan, 2017). Among those, almost half of the transactions happened in the U.S (Wildau, 2017). In the past years, high profile deals were always unsurprisingly related to Chinese investors' name in the U.S. 2017, however, has been whirlwind for Chinese investors in the U.S. Along with the election of Donald Trump as the President of the United States, the Chinese government imposed capital control on foreign investment. Although the mainstream is saying that the new administration of the U.S. is not considered a significant threat to the investment and the temporary policy of capital control would not outweigh the long-term strategy of investment overseas, the uncertainties and prolonged procedure of the outflow capital does delay the pace of outbound investment. This thesis is aiming to dive into the fundamentals of Chinese outbound investment in the U.S. real estate market. It will focus on the primary investment strategies the Chinese investors are using, including the selection of property type, the size of the deal, geographic targeting, and local partnership. This thesis will also conduct interviews and case studies with institutional investors who have a long-term strategy of investing in the U.S. market. The case studies will not only address the above questions but also seek different perspectives on their strategies for dealing with the current business climate. After the analysis, this thesis intends to figure out potential constraints and opportunities for Chinese investors and their partners in the U.S. real estate market.

Download or read book Chinese Investment in the United States written by Iacob Koch-Weser and published by CreateSpace. This book was released on 2015-03-22 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 2011 and 2013, the value of China's mergers and acquisitions (M&A) in the United States exceeded the value of U.S. M&A deals in China. While it is too early to call this a permanent turning point, Chinese companies are poised to deepen their presence in the United States. Despite a recent economic slowdown, China remains a dominant goods exporter and is growing at a faster clip than the rest of the world. China's central bank holds some $4 trillion in foreign exchange reserves, and Chinese companies and wealthy individuals are eager to diversify their assets overseas. This report examines recent trends in Chinese investment in the United States, drawing on interviews with state officials. It begins with a general review of Chinese outbound investment patterns, and then looks in more detail at U.S. real estate, industry, and investment promotion. The paper identifies important implications for the United States, including the potential to strengthen regulation of the EB-5 visa program and improve federal support of state efforts.

Download or read book Chinese Investment in the United States written by U.s.-china Economic and Security Review Commission and published by CreateSpace. This book was released on 2015-03-06 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 2011 and 2013, the value of China's mergers and acquisitions (M&A) in the United States exceeded the value of U.S. M&A deals in China.1 While it is too early to call this a permanent turning point, Chinese companies are poised to deepen their presence in the United States. Despite a recent economic slowdown, China remains a dominant goods exporter and is growing at a faster clip than the rest of the world. China's central bank holds some $4 trillion in foreign exchange reserves, and Chinese companies and wealthy individuals are eager to diversify their assets overseas. Although there is a steady stream of analysis on Chinese outbound investment, less well documented is how this investment is distributed among different industries and localities across the United States. Highly publicized deals, such as Shuanghui Group's $4.72 billion acquisition of Smithfield Group in 2013 and Lenovo's $2.95 billion acquisition of Motorola Mobility in 2014, can obscure the bigger picture. Smaller transactions are less consequential for the national economy, yet may exert a tangible impact on states and local communities. Investment patterns are determined to a large degree by China's economic policies and corporate strategies. Viewing Chinese investment from this broader perspective helps shed light on other important issues, such as Chinese purchases of U.S. homes, the granting of EB-5 visas, and bilateral research exchanges.

Download or read book Understanding China s Real Estate Markets written by Bing Wang and published by Springer Nature. This book was released on 2021-01-05 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s economy has been transforming rapidly over the last 25 years. As a result, Chinese conurbations have changed remarkably, with cities expanding both vertically and horizontally, and the physical environment acting as a medium for unprecedented urbanization. This has provided vast opportunities for investors, real estate developers, and service companies, but also presents huge challenges—as traditional city spaces have been reconfigured, environmental risks and the volatility of real estate markets increased. However, as engagement with China is becoming strategically important for many, forming a synthesized lens through which to read China across the vicissitudes of its real estate sector bears historic significance. By offering an insightful framework and structure for understanding China’s variegated real estate dynamics, players, and markets, Understanding China’s Real Estate Markets codifies the principles and practices of real estate development, finance, and investment in China and builds foundations for future academic research and practical knowledge in shaping and engaging the urban environment within China and beyond.

Download or read book The Chinese Real Estate Market written by Junjian Albert Cao and published by Routledge. This book was released on 2015-05-08 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to fully present, analyse and interpret the Chinese real estate market. Dr Junjian Albert Cao examines the Chinese real estate market’s growth trajectory, unique governance and factors affecting values and investment in the context of reforms, rapid economic growth and urbanization. The book provides essential insights into the institutional change surrounding the development of the property market, government intervention at local and national levels, taxes and other regulatory charges, and factors such as market practices, economic changes, government policies and social changes that affect the value of real estate. Furthermore, the book analyses academic and policy debates on issues such as: commercial property investment housing price inflation property rights protection affordable and social housing market practices and regulation environment and sustainability taxation property-led growth and the reliance of local economic growth on the property sector The book offers a comprehensive, in-depth and up-to-date account of the Chinese property market and presents a full assessment of the investment potential of Chinese real estate. It is a must read for students, academics and real estate professionals interested in this fascinating real estate market that has implications for Chinese and the world economies.

Download or read book The Real Estate Market in China Features Opportunities and Barriers to U S Investors written by Qiansi Wang and published by . This book was released on 2012 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: In recent years the rapidly growing Chinese real estate market has attracted the attention of investors from all over the world. Foreign investments in China, however, could be risky and difficult to be undertaken. This study investigates the opportunities and barriers that foreign real estate developers may experience in China. First, the features and the governmental role in the local real estate market are introduced. Next, the typical activities of a real estate investment are analyzed. Two US and Chinese cases are presented and compared. Lastly, opportunities and barriers to foreign investors are introduced and discussed. The study, in addition, contains some recommendations that are drawn from past successful foreign real estate investments.

Download or read book Potential and opportunities for China s real estate industry written by Thomas Krueger and published by GRIN Verlag. This book was released on 2008-01-08 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2007 in the subject Engineering - Civil Engineering, grade: keine, , language: English, abstract: China’s booming economy is never more evident than from the air, with its growing patchwork of building sites, developments and urban planning as the rapidly changing skyline of its cities. It have been so saturated by local developers and foreign companies of this building bonanza that we sometimes forget how little our understanding of the peculiarities of the Chinese Investment market is. Since March of 2007 lives the author in Beijing and is working as a Project Manager in a Sino-Swiss Joint Venture Company. He will transfer his experience to Germany. In this publication, the author will carry out necessary information from the forefront of the industry shine light on China’s real estate market, exploring subjects from the general information about China and the economic overview. The main focus is on the real estate industry, which is currently a key theme and will be still on one. Also focused are the legal framework, foreign investments and which taxation will be paid.

Download or read book Chinese Institutional Investment in U S Real Estate Market written by Chuan Zhai and published by . This book was released on 2015 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Followed by huge amounts of small real estate investments from wealthy Chinese individuals, large institutional investors, like well-known insurance companies and developers, also started to step into the U.S. real estate market to make large profit since 2013. Apparently, the strong economy and relatively steady real estate market are the major attractions for both individual and institutional investors all around the world; however, compared with individual investors who care more about return and immigration, Chinese institutional investors focus more from the strategic standpoint especially when the current U.S. real estate market has such relatively high price and possibly would face another round of depression within a few years. This thesis will first look at all transaction details of large-scale real estate investments in major American cities to uncover the similarities and differences in terms of product types and geographic areas. And then, many reasons for the strong investment trend will be discussed on both macro- and micro-level. In addition, through interviews and literature reviews, specific real estate products, strategies, and investment methods will be discussed for each type of institutional investors. Finally, this thesis will compare Chinese institutional real estate investment nowadays with Japanese investors in the 1980s to find out the similarities and differences, and most importantly, what Chinese can learn from Japanese investors' failure and what is a good way to participate in the U.S. real estate market.

Download or read book China s Outbound Real Estate Investment written by Qing Wang (S.M.) and published by . This book was released on 2017 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2013, investors from the People's Republic of China (PRC) have made significant strides in the global real estate market, especially in developed regions such as North America, Australia, and Western Europe. From 2014 to 2016, this trend became stronger, and by 2016 Q3, China became the top cross-border real estate investment country by transaction volume. We ask the following question: After the prosperity of the last three years, will the global investment trends of PRC investors remain steady or not? This thesis first reviews the progress made by PRC investors in recent years and the key reasons for it. It then discusses PRC investors investment preferences and strategies. The discussion then focuses on includes pragmatic considerations of tax matters and domestic regulatory problems in the PRC. The thesis concludes by exploring new trends in the market and speculating about the future of cross-border real estate investments by PRC citizens.

Download or read book Understanding China s Real Estate Markets written by Bing Wang and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's economy has been transforming rapidly over the last 25 years. As a result, Chinese conurbations have changed significantly, with cities expanding both vertically and horizontally in order to offer more space for residents, office and industrial workers and for commercial purposes. This has provided vast opportunities for investors, real-estate developers and service companies, but also presents huge challenges - as traditional city space has reconfigured, environmental risks and the volatility of real-estate markets have been increasing. However, the opportunities appear to outweigh the risks, and this has attracted investors from outside China. Exploring how international real-estate professionals can understand China's variegated real estate market, and how they can avoid the risks, this book offers a concise introduction to all relevant areas of real estate, including economic, legal, tax, planning and financing issues.

Download or read book China s Housing Reform and Outcomes written by Joyce Yanyun Man and published by Lincoln Inst of Land Policy. This book was released on 2011 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This in-depth volume explains China's residential construction boom and reviews how some established trends are likely to challenge its housing market in coming years. It draws on household surveys and public data in China and provides important lessons about housing policy for China and other countries.

Download or read book Foreign Capital Flows and the U S Property Market written by Michael Arthur Goldberg and published by . This book was released on 1989 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Recognition of Business Opportunities for Chinese Private Investors in U S Real Estate Market written by Ya Wang (S.M.) and published by . This book was released on 2012 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real estate investment is becoming increasingly international. As China's economy rises as a major force in the world, its continuous growth in fiscal surpluses and accumulation of wealth are making up an expanding segment of the capital market. Traditionally, state-owned enterprises (SOE) and banks were important sources of international real estate investment from China; more recently, increasing high-net-worth individuals and private real estate equity funds have merged and are seeking opportunities around the world. This paper identifies the important policy indicators that are pertinent to Chinese private investors' activities in the U.S. real estate market, examines the investment landscape in both countries, gives particular attention to associated challenges, barriers and risks, and finally explores the potential business opportunities that can be recognized and turned into meaningful strategies.

Download or read book The Affordability of China s Residential Real Estate Market and Opportunities for Property Developers written by Terence Ting Yin Lam and published by . This book was released on 2011 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has the largest housing market in the world and the property market continues to advance at an astonishing pace. In 2009, 22.2% of China's RMB 19.3 trillion fixed asset investment and 17.9% of foreign direct investment were invested into the real estate sector. At the same time, the highly dynamic market structure and huge regional disparities in China created mixed interpretation and confusion. Nationwide statistics blending urban and suburban prices and the indifferent treatment towards subsidized housing and private housing overshadowed the actual development on the local level. With unprecedented investment pouring into the Chinese real estate market and sky rocketing property prices in most major cities, the legendary short-seller James Chanos described the Chinese real estate sector as "Dubai times 1,000 - or worse". Yet, another American financial guru Jim Rogers openly debunked the statement from James Chanos and remained his bullish views on China. This thesis is divided into two sections. First it reviews the historical development from the Chinese property market. The paper explores the current situation of the market and focuses on the affordability comparison between the national level and the local levels. On a national level, housing prices grow at a pace similar to China's GDP growth supported by an even faster growth in income levels. Affordability ratios are in line with international standards and below the levels experienced by Japan and US during their bubble era. At the local level, different cities experienced drastic differences in price growth and supply surpluses. In some cities, even the suburban areas are beyond the affordability of an average household. In the second section, this paper explores the development of affordable housing, the new frontier of Chinese real estate market. The emergence of the affordable housing market together with new housing policies has different implications and opportunities to the incumbent property developers as well as potential low-end disruptors in China. This paper concludes with recommendations on some of the available investment options for a bearish investor in the Chinese real estate market.

Download or read book Understanding Residential Real Estate in China written by MissMali Chivakul and published by International Monetary Fund. This book was released on 2015-04-28 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s residential real estate sector plays an important role in the economy and has been a key driver of growth. Since 2014 the sector has softened visibly, reflecting overbuilding across many cities. An orderly adjustment of the sector is welcome. The key questions are how severe the adjustment will be and how long it will last. This paper uses various datasets, an analytical framework to estimate demand and supply conditions, and develops a number of scenarios to determine the oversupply both at the national level and by city tiers. It highlights that the adjustment will be a multiyear process with adverse implications for investment and growth. Smaller cities, as well as those in the Northeast region, face more challenging demand-supply dynamics. The key will be to allow the adjustment to take place, while avoiding a too sharp of an economic slowdown.

Download or read book Real Estate Management in China written by Shukui Tan and published by Springer Nature. This book was released on 2022-08-31 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reflects the great changes in terms of real estate sales, purchases, finance and policies from planned economy to market economy in China. Real estate system has always been a great concern to the public for its irreplaceable role in people’s lives and various daily affairs, as well as in the development of the whole economy, especially in China’s context. The unique perspective of this book lies in the significant role that the Chinese government plays in real estate system. This book aims to help readers to understand China’s real estate system comprehensively.