Saturday, May 25, 2013

Barcelona gets ready to receive real estate investments from China

From http://www.globalasia.com/actualidad/economia/barcelona-atraer-inversion-inmobiliaria-china (in Spanish)

Barcelona is actively working on the organization of the first China Meeting Point in October 2013, aimed at attracting Chinese investments towards the Spanish real estate market. This event will be included among the activities of the 17th edition of the Barcelona Meeting Point and it will be held at the Fira de Barcelona facilities.

According to Enric Lacalle, President of the Barcelona Meeting Point, Chinese citizens are already investing in Spain. However, this initiative pretends to reinforce the relationship between the two countries and increase the volume of real estate investments from China in the forthcoming years.

According to Qi Zhou Lidan General Manager of the consulting company Puente China España S.L., the potential interest of the Chinese citizens is due to their perception of real estate being a safe investment, but also because of their growing interest in sending their sons and daughters to study abroad.

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