UBS aims for expansion of China property investment unit, Bloomberg says

theflyonthewall.com

UBS is aiming to broaden its Chinese property investment division with a move into commercial real estate, according to Bloomberg, citing comments from the head of global real estate for Asia-Pacific at UBS Global Asset Management Trevor Cooke. Reports say that several cities throughout China are anticipated to experience upped rental demand for commercial property on the back of new regulatory changes.

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