Investment in real estate development in China totaled 99.82 billion US dollars in 2003 and is expected to rise

Research and Markets are delighted to announce the addition of China Real Estate Market Newsletters to their offering

(PRWEB) February 7, 2004 --Investment in real estate development in China totaled 828.5 billion yuan (about 99.82 billion US dollars) in the first 11 months of year 2003, up 32.5 percent over the same period.

Investment in commercial residential buildings rose 27.5 percent to 564.7 billion yuan (about 68 billion dollars), making up 68.2 percent of total investment; investment in office buildings and real estate for other business purposes rose more than 40 percent.

Newly completed real estate projects totaled 210 million square meters in the first 11 months, up 29 percent year-on-year, according to the report.

By the end of November, vacant commercial buildings exceeded 100 million square meters, up 6.5 percent from a year earlier.

These newsletters will give you a clear picture of China's real estate market.

For a complete index of this report click on
http://www.researchandmarkets.com/reports/44911

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