国际地产与投资

正以国际视野,关注海外房地产投资市场,为中国投资者提供专业的海外投资信息,努力搭建中国房地产市场与海外房地产市场的交流平台,与世界同步,促进房地长行业的健康发展。To operate effectively in today's dynamic global real estate markets,it is essential to understand the complex processes that underpin them.This up-to-date work,which brings together contributions from     

国际地产与投资

正以国际视野,关注海外房地产投资市场,为中国投资者提供专业的海外投资信息,努力搭建中国房地产市场与海外房地产市场的交流平台,与世界同步,促进房地长行业的健康发展。     

IPI国际地产与投资

正以国际视野,关注海外房地产投资市场,为中国投资者提供专业的海外投资信息,努力搭建中国房地产市场与海外房地产市场的交流平台,与世界同步,促进房地长行业的健康发展。     

IPI国际地产与投资

正以国际视野,关注海外房地产投资市场,为中国投资者提供专业的海外投资信息,努力搭建中国房地产市场与海外房地产市场的交流平台,与世界同步,促进房地长行业的健康发展。     

IPI国际地产与投资

正以国际视野,关注海外房地产投资市场,为中国投资者提供专业的海外投资信息,努力搭建中国房地产市场与海外房地产市场的交流平台,与世界同步,促进房地长行业的健康发展。     

海外视野

正以国际视野,关注海外房地产投资市场,为中国投资者捏供专业的海外投资信息,努力搭建中国房地产市场与海外房地产市场的交流平台,与世界同步,促进房地长行业的健康发展。     

海外视野

正以国际视野,关注海外房地产投资市场,为中国投资者提供专业的海外投资信息,努力搭建中国房地产市场与海外房地产市场的交流平台,与世界同步,促进房地长行业的健康发展。     

上海“新地王”落入海外基金之手？

海外房地产基金投入上海的房地产市场是一个投资趋势。毕竟中国房地产市场的投资回报率还很高。中国房地产市场在这几年一直保持着近20%的利润率。     

Political Impact of Chinese Foreign Direct Investment （FDI） in the European Union （EU）

This paper explores the political challenges posed by the recent influx of Chinese outward foreign direct investment （OFDI） into the European Union （EU）. Chinese OFDI has increased substantially in recent years. Chinese direct investment is still minute in the EU, but it is growing fast, and the strong upward trajectory is likely to continue in the years to come. This surge represents challenges and opportunities for EU countries. In the current context of economic and debt crisis in Europe, whether China is seen as a saviour or a predator, the question of a Faustian bargain made by European countries by courting and hosting Chinese investment needs to be asked. The benefits of foreign direct investment （FDI） for the host economy are well known, but Chinese OFDI may come with implicit strings attached and could potentially act as a Trojan Horse, affecting European norms and policies. The influx of Chinese OFDI can create an unhealthy transatlantic competition with security ramifications, which should therefore be addressed. It is interesting to find the right balance between ensuring the benefits from Chinese FDI （from job creation to productivity gains） and protecting from its harmful effects.     

浅析海外房地产基金在中国的发展

在中国房地产市场与国际接轨的过程中,海外房地产基金的进入是不可避免的。在目前中国的金融环境、政策体系下,海外房地产基金投资中国房地产除了要面对普遍的市场风险即开发风险外,还有许多必须考虑的因素,     

海外房地产基金投资特点及趋势

近年来,国际房地产基金纷纷瞄准中国迅速发展的房地产市场,逐步加大在华投资规模。国家统计局数据显示,2006年海外资金投资中国房地产资金规模达到82.3亿美元,比2005年增长51.9%,这一趋势2007年仍在继续。一、海外房地产基金在华发展三阶段     

试论海外房地产基金在中国的发展

随着央行121文的颁布，国内地产界对多渠道融资盼望热切，海外基金也纷纷加速进军中国房地产的步伐。在海外，房地产基金已经是一个发展了数十年、非常成熟的行业。从政策环境、金融环境、市场环境等多方面都非常稳定，因此操作运营方式也就形成了一套很有效而稳定的模式。海外房地产基金进入中国除了能带来资金外，还能引进先进的管理运作模式，但对投资者来讲还没有找到规范、安全的通道，缺乏权益保障和退出机制。此外，基金还要面临法律、企业和市场的多重考验，因此海外基金要想真正进入中国，需要充分考虑中国的市场现状，慎重选择投资模式。     

在全世界买房

近的来投资对中国加入世贸组织及上海房地产市场的关注，令他们开始加强对海外物业投资的了解及信心。     

在葡投资正适宜——专访CREDENTIAL PARTNERS AISA LTD上海中心总监Mr.Hartshorn

正海外房产投资渐成趋势,很多国人将聚焦点投向海外市场,在此大环境下,《房地产导刊》IPI国际地产投资俱乐部也顺应时代潮流,不断开拓国际市场,与众多海外房产发展商合作,组织国内投资者去海外看房产、看美景。直到目前,《房地产导刊》IPI国际地产投资俱乐部已先后组织马来西看房团、塞浦路斯看房团等多种活动,旨在为中国投资者与海外房产之间搭建良好沟通桥梁,共促国际房地产市场健康发展。     

构建有效运作的房地产金融制度

中国的房地产市场非常复杂，未来发展存在着诸多不确定因素。但由于有大量真实需求做支撑，并没有抑制海外资本及民间资本投资的热情。在巨大的利益诱惑和不确定的市场风险面前，有必要对我国的金融政策和房地产政策进行反思，借鉴国际标准和先进投融资经验，构建有效运作的房地产金融制度，为未来的中国房地产投资理清发展思路。     

中国资本进军海外房地产投资方兴未艾

世邦魏理仕（CBRE）近日发布研究报告《方兴未艾——中国资本进军海外房地产投资》。该报告显示，目前，国内个人投资者及机构投资者总体而言资金相对充裕，但可供其选择的国内投资渠道有限，加之面临国内外信贷环境差异、人民币升值及金融危机后海外资产估值处于相对低谷等因素的影响，中国个人投资者、房地产企业及机构投资者在最近几年都不约而同地将目光投向了海外房地产市场。     

Value-relevance of accounting numbers for valuation

Recent empirical work suggested that the ability of accounting numbers to explain the relationship between accounting numbers and stock prices has deteriorated over the past four decades. The findings of this study suggest that the accounting earnings and book value are capturing most of the information that is relevant to assess the values of firms. At the same time, it also suggests that earnings and book value as well as non-accounting beta are more valued during the financial crisis as compared to after the financial crisis. Overall, the accounting estimate of the value of the firm is not deviating from the markets＇ estimate, which suggests that accounting numbers play an important role in the valuation of firms in Malaysia.     

Evaluating the Performance of Investment Funds in Turkey

It is important to determine the most appropriate levels of risk and return for small investors. For that purpose, the investment funds are very important tools to create a portfolio for small investors, to deploy the potential risks in optimal proportions, and to direct investors. In this study, the performance of 83 pieces of investment funds will be evaluated which are treated in Turkey dates from January 1, 2010 to December 31, 2012 with performance evaluation methods such as Sharpe, Modigliani （M2） that is based on the standard deviation, and Treynor, T2, Jensen that is based on systematic risk （beta）, and the highest and lowest performance investment funds will be presented. The aim of the study is to examine the success of the investment fund managers whether they could estimate the course of the market well or not regarding time period. The empirical results show that the investors who invest on the funds that have negative risk premium by investing in the investment funds getting under the risk cannot get more excess return than getting the return from the risk-free interest rate as treasury bills. The result implies that it could be said that the systematic and total risks of all investment funds are low and they are not sensitive to the developments in the market, and thus, regarding funds could be called as conservative funds.     

50亿美元——2013年中国在海外市场的直接商业房地产投资

仲量联行数据显示,2012年全年中国海外商业房地产直接投资额达40亿美元,较2011年增长33％。在北京召开的中国机构投资者海外投资论坛上,仲量联行专家详细解析了全球资本市场格局以及中国机构投资者海外房地产投资的主要趋势。     

What defines non-outstanding shares transfer premium in China？

We study the sample of 311 non-outstanding shares transfers from 2003 to 2004. The object of this study is to determine the extent to which premium can be explained by financial factors of firms. The intrinsic value of transferred shares with control right is different from the others. We find that the larger percent of share transferred, the higher premium will be paid. Current liability ratio interpreting the premium of non-outstanding shares transfers is negative related to short term debt. Price ratio can determine the premium level when the ratio of transfer share under 30 percent