BlackRock Looks to Increase China Commercial Property Holdings; Focusing on segments benefiting from the country's pivot to the services industry

While China's economy might face more volatility as it moves away from its reliance on heavy industry such as steel and coal mining into services, these disruptions could offer buying opportunities, said Michael Klibaner, head of Asia Pacific research at BlackRock Real Estate, noting that the m...

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Bibliographic Details
Published in:The Wall Street journal. Eastern edition 2015-12-16
Main Author: Fung, Esther
Format: Newspaper Article
Language:English
Subjects:
Capital costs
Commercial real estate
Economic growth
GDP
Gross Domestic Product
Online Access:Get full text
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Summary:While China's economy might face more volatility as it moves away from its reliance on heavy industry such as steel and coal mining into services, these disruptions could offer buying opportunities, said Michael Klibaner, head of Asia Pacific research at BlackRock Real Estate, noting that the multiple interest rate cuts this year have helped to lower capital costs.
ISSN:2574-9579