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« Firms that rebuild roads, bridges worth a good look | Main | New wave of infrastructure investment »

September 17, 2007

Chinese Real Estate Giants Amass Large Areas of Land

According to The Research Report on the Competitiveness of China Real Estate Enterprises issued yesterday by the Development Research Center of the State Council, with the constant adjustment of regulations and controls of the land and real estate finances, real estate enterprises are constantly developing new funding channels. Their capital has expanded rapidly; land purchases are becoming larger and larger. Currently, the largest real estate developer has 45 square kilometers of land reserves. In many second or third tier cities, it has become increasingly difficult for more and more real estate enterprises to acquire land. Moreover, large-scale trans-regional enterprises often have distinct competitive advantages. In the future, large-scale land development and large-scale expansion of real estate enterprises are expected to dominate the real estate industry.

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Posted by rjorr at September 17, 2007 12:39 AM