China property is a bubble, say real estate funds
There are certainly distressed real estate opportunities in China, but Japan is still a more interesting market for such assets, argue panellists at a conference this week.
Asia-based distressed property-market participants think Chinese real estate is in bubble territory, judging by a straw poll conducted at a distressed-asset conference in Hong Kong this week.
This was the view of most of the audience at the AsianInvestor and FinanceAsia second annual recovery investing summit, a view with which the panellists broadly agree. "Everyone in my office except the China guys think [China is a bubble]," quipped the moderator, Anthony Miller, Japan chief exec…
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