SOHO 2009 investment to top $1.29 billion

Article Date : 11 November 2008
News Section: China

Property firm SOHO China has said its investment in property next year will top the RMB8.8 billion ($1.29 billion) it will spend in 2008, as slumping prices provide buying opportunities. Beijing was worried about a real estate bubble only a year ago when it clamped down on speculative buying. It reversed direction in October with cuts...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/realestate/2008/11/12/soho-2009-investment-to-top-129-billion.html

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