In recent weeks, the property market has been grabbing the headlines of news outlets as a range of developments in policy signal even tighter controls on China's burgeoning real estate sector. Local governments will now have to set stringent price controls in place, while banks will have to demand down payments of at least 60% for second home purchases. While many first tier cities banned the buying of second homes, buyers have merely moved over to second tier cities, meaning that the bubble is simply spreading further inland.
While China remains the biggest draw for real estate investment, albeit one with a potentially volatile future, a recent report from PricewaterhouseCoopers and the ULI alludes to opportunity outside of China, with the Asia-Pacific region promising a better outlook than both Europe and the United States and sites showing great potential in not only Shanghai but also Hong Kong, Singapore, Mumbai and New Delhi.
The European Chamber is delighted to have Sam Crispin, Director at PwC and leader of the China real estate strategy team, alongside James Macdonald, Head of Savills Research China, to cover the exciting trends for 2011 both in China and further afield.
Speakers
Emerging Trends in Real Estate, Asia Pacific Report
Sam Crispin, Director, PricewaterhouseCoopers
Perspectives on Investment, Policy Changes and the Residential Market
James Macdonald, Head of Savills Research China
Agenda
08:00 - 08:30 --- Registration and breakfast
08:30 - 08:35 --- Introduction from EUCCC
08:35 - 09:05 --- Presentation from Mr. Sam Crispin
09:05 - 09:35 --- Presentation from Mr. James Macdonald
09:35 - 10:00 --- Q+A
Event Terms & Conditions
Please note that, though all are welcome to attend our events, we strongly recommend that you register online with us in advance so that we can keep you updated on any changes in the event schedule. From time to time, due to unforeseen circumstances we need to change the time or venue of an advertised event. So please do let us know by registering online if you plan to attend an event so that we can keep you informed.
To register for this event please register online by 18:00pm Monday 21st February. Please note that we will send you a registration confirmation. We require 24 hours notice for cancellations, no-shows who fail to cancel before this time will be invoiced for the event. Registrations done after the deadline will be accepted only if space permits and are charged an additional 50 RMB walk-in fee. For any further enquiries or registration, please contact us at sgoodfellow@euccc.com.cn
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