The domestic real estate industry under the control of foreign capital

Jing Chu Network news (Chu Tian Metropolis Daily) According to the "China Securities Daily" reported that the U.S. private equity investment giant Blackstone Group (Blackstone) and Hong Kong large real estate business Eagle June Group reached an agreement,　　Blackstone agreed to provide financial support to Eagle King of Hong Kong to develop the land that Eagle June acquired in Dalian in 2009 to build luxury hotels and high-end apartments. As a result, the world's largest private equity investment company "transiting" into the Chinese residential market.　　As early as October 2008, Blackstone Group invested in the first China real estate project, with a total price of 950 million yuan won the Shanghai Longevity Commercial Plaza 95% stake. Current domestic real estate is experiencing the history of the most stringent macro-control policies, domestic property prices lag, real estate investment also showed a slowing momentum.　　But the Blackstone investment is not a case.　　According to the Ministry of Commerce Statistics, 2010 1-July, foreign direct investment in real estate development and urban fixed assets development investment accumulated total of 24.8 billion yuan, up 10% Year-on-year, and the first 6 months of the cumulative total of 20.392 billion yuan, rose 4%. It is noteworthy that since May 2009, the real estate development funding sources of foreign capital growth has been negative, and from this June onwards, the year-on-year increase in foreign funds began to positive, and showed rapid growth.　　Only the month of June, the amount of capital used in foreign capital reached 8.091 billion yuan, more than the sum of 4 May.　　After incomplete statistics, many international investment companies, including Morgan Stanley, Goldman Sachs, Macquarie, UBS, Merrill Lynch, Warburg Pincus investment, SoftBank Asia, Carlyle Investment, and Cade, have entered into the domestic real estate industry in different forms. Expert analysis that as a result of monetary tightening and real estate control policies, many domestic real estate enterprises financing difficulties, the lack of funds of real estate developers to the "olive branch" to hold a large amount of foreign capital; While the real estate industry is a typical profiteering industry, the nature of the interest of foreign capital makes domestic real estate industry for foreign capital full of temptation, the current real estate regulation also provides the so-called "copy bottom" opportunity, to the lower cost of access to investment opportunities.