Chinese property markets are near to finding a floor, so the ideal time to begin investing is within sight, the head of Baring Private Equity Asia’s real estate arm said on Tuesday.
BPE Asia Real Estate, which has closed its first-ever private equity real estate fund with $365 million in investor commitments, plans to put the money to work across Asia over the coming three years, giving it the necessary wiggle room to watch property prices in China fall a bit further.
“The pain that China is going through and the restructuring of the real estate market means we’re almost at a point where we...
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