Huang Li Sheng Fu Chong, president of the International Association vertical accept the "Daily Economic News" reporter, said that compared withnike kobe 8 release date
China's Hong Kong property market, South Korea, the adjusted long-time real estate market bubble basically release, there have also been policy support, coupled with the Korean economy is relatively healthy, the limited influence of the United States quit quantitative easing, ARA is a fancy to enter the Korean market value of its real estate in low-lying, which is Li Ka-shing, "buy low and sell high," another wonderful interpretation.ARA acquisition of Macquarie Korea BusinessAccording to South Korean media reports, December 23, a regulatory filing disclosed Singapore ARA display, Macquarie will acquire the real estate business in Korea.Macquarie Korea estate company headquartered in Seoul, the company managed by two private real estate investment trust with 588.4 billion won (about 3.36 billion yuan) of the property. In addition, ARA will also acquire Macquarie's a Real Estate Investment Trust 10.02% of the shares, but did not disclose the transaction price.ARA president Lim Hwee Chiang said in a statement the acquisition of real estate trust company aims to expand its footprint in the Asia Pacific region. Enter the total amount of the fourth Asia-Pacific Economic Korean market, can take advantage of investment opportunities in the local real estate industry.Information, ARA is a financial asset management company Cheung Kong (Holdings) Limited and Lim Hwee Chiang in Singapore in 2002 consisting of
several of its listed and unlisted trusts, while engaged in real estate management services.As of the end of June 2013, total assets under management of ARA 23.5 billion Singapore dollars (about 112.6 billion yuan), listed property trust funds managed in Singapore, China, Hong Kong and Malaysia, Manager Property types include retail, office, logistics industry and private real estate investment fund.Huang Li rushed to the "Daily Economic News" reporter, said, ARA and Cheunnike lebron 10 cheap
g Kong has deep roots, Cheung Kong REIT in China's Hong Kong-listed asset managers are held by the ARA, Cheung Kong is the third largest shareholder of ARA. Therefore, ARA this acquisition can be seen as Li Ka-shing curve attempt to enter the Korean market.Korean property market is the value of depressionThis year, Li Ka-shing of its assets in cash due to frequent Mainland and Hong Kong instead invest abroad, attracted "divestment" criticism. According to the "Daily Economic News" reporter to incomplete statistics, through the sale of properties and spin Guangzhou Metropolitan Square HEC Hui listing, length and line cash amount this year to reach 43.1 billion yuan. Since Hutchison had already announced the pending sale PARKnSHOP Watson tied with the listing, so the amount of cash expected to continue increasing.Face the outside world for "divestment" of the question, Li Ka-shing has publicly responded that "corporate profits earned after investing in other areas, or loss due to poor management, operations or prospects of poor and low-return exits are purely commercial
decision. High buy low and sell originally normal business practices. "Seen in this light, the Mainland and Hong Kong, Li Ka-shing divestment property, enter the value of the existence of low-lying South Korean property, or it is a wonderful "buy low and sell high."The second quarter of this year, the Korean economy appears strong recovery, GDP grew by 2.3%, growth of 1.1%, the fastest pace since a record of nearly nine quarters, but the local real estate market continues to slump. According to data released by the National Bank of Korea, South Korea in July this year prices fell 0.72% year on year, the first 14 consecutive months of decline, Seoul apartment is more trading volume fell 80% qoq.It is reported that in April this year, the Korean government introduced a series of measures designed to boost the real estate market, including low-income and first time buyers can borrow fundsnike zoom kd v basketball shoes
will exceed the maximum loan amount under the current regulatory regime can be obtained, if from the government Fund to obtain loans, the interest rate can be lower; buying this year is not worth more than 900 million won (about 5.13 million yuan) house purchase, the next five years are exempt from capital gains tax, regardless of whether they are within five years of this houses for sale. However, these measures failed to stop the momentum of the Korean housing prices decline. South Korean media had published a survey showed that 30 percent of South Koreans expressed do not necessarily want to own their own homes, more willing to spend money to buy a house with the original."Hong Kong's housing prices rose sharply in recent years, one is driven to rely on mainland buyers, on the other hand is the impact of quantitative easing by the U.S