Foreign Media: Foreign capital is tentatively returning to China's real estate market, sparking market attention on whether a turning point is approaching.
Global asset management firm PAG injected new funds into multiple Wanda Plazas during June and July, providing relief to the financially strained Wanda Group in debt repayment. Since the Evergrande crisis triggered prolonged downturn in the property market over five years ago in 2021, international investors—widely regarded as "smart money"—have drawn heightened market interest with their latest moves.
James Macdonald, Head of Research for Savills China, stated that global strategic investment funds view the current moment as an opportunity to acquire high-quality assets at more favorable prices than in recent years. While investors may not assert that the bottom has been reached, they believe valuations have already been sufficiently adjusted, making risk-reward ratios increasingly favorable. Transactions spanning various asset types—including shopping malls and logistics warehouses—are injecting liquidity into a property market still reeling from past trauma.
Original Article: toutiao.com/article/1873782983493644/
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