The results of
the latest RICS Global Commercial Property Survey published show that property
markets in China, Hong Kong
continue upswing into the third quarter of 2010. The Asian countries once again
lead the way across the majority of the globe as they outperform those in the
capital value expectations increase in Hong Kong,
China and Singapore at
the fastest pace in two years.
investment demand is supporting the climb in capital values. In China,
respondents are still seeing prices rise despite government measures taken to
cool the overheating property sector.
and capital values for Q4 are also increasing, and at a faster pace than in the
previous three months. Occupier demand for property continued to increase but
this is yet to lead to a drop in availability; available space is still
increasing in China,
but the pace has eased for 4 consecutive quarters and is currently growing at
the slowest pace since 2008. Significantly, development starts picked up as did
the level of investment activity.
gross domestic product is forecast to rise 9.5 per cent in 2010, accelerating
from 9.1 per cent in 2009.
forecast represents the government's official view of the country's economic
economy rose 11.9 per cent in the first quarter and 10.3 per cent in the second
quarter of this year.
purchasing manager index for September showed a strong revival in economic
activities, soothing concerns about a double-dip in the Chinese economy.
20 September 2010, Bear Logi took part in the Kunshan 2010 Autumn Investment Promotion Fair held in Kunshan, China.
Bear Logi has secured industrial land of 228,278m2 in Kushan city and is
developing and introducing this as a logistic park to Japanese and other multi-national companies.
This land is strategically located adjacent to the Zhou City IC of national highway #224 and
expressway #48 and is 35km from Taicang port.
Located just outside Shanghai, Kunshan covers an area of 927 square
kilometers with a population of 700,000.
With an area accounting for less than 1/10,000 of the China total, Kunshan produces 5% of total China GDP and 2.8% of national foreign trade.
- attracts 1.8% of national
paid-in foreign investment and 1/9 of Taiwanese investment, and
- manufactures half of all the notebook/laptop computers worldwide.
For additional details please contact:
Logi Co., Ltd.