report says investment in real estate accounts for nearly 90%

Domestic investment in the real estate market accounted for nearly 90% of nearly 30 billion dollars or the influx of real estate in the afternoon news of the January 20 DTZ published a study this afternoon, said that in 2009, in China's property investment, more than 85% of domestic funds, and this ratio is the highest since 04.　　In the next 3-5 years, the amount of direct investment in real estate can reach 27.7 billion dollars. According to DTZ statistics, more than tens of 2009 of millions of dollars in large turnover of 70.84 billion U.S. dollars (including property and land), of which domestic funds accounted for 94%.　　The 08 figure was 35.23 billion dollars and 87%, respectively.　　As a result of the financial crisis, the capital chain of foreign institutions is tight, some have already invested in China's property, and buyers are more domestic capital.　　At present, it is noteworthy that because of the intervention of insurance funds, China's real estate market investment scale or will be a major adjustment.　　According to the new Insurance law, insurance companies from October 1, 2009 onwards can directly invest in domestic real estate. DTZ Asia, Director of Research department Guilen, said that as of September 2009, the total assets of domestic insurance companies were $554.6 billion trillion, in the next 3-5 years, the amount of direct investment in real estate (the conservative assumption of 5% of total asset value can be used for real estate property investment) for 27.7 billion dollars, This amounts to 36% of the total value of property investment (USD 7.8 billion) for the whole of 2008. (Ding from Beijing)