Tuesday, February 12, 2008

Kardan to Invest Up to $1.2 Billion in China

Kardan NV, the Dutch-Israeli investor in real-estate and finance companies, plans to invest as much as 800 million euros ($1.2 billion) to develop housing and commercial centers in China and India.

We see enormous demand in these markets,'' Alain Ickovics, chairman of the management board, said in an interview at Kardan's Tel Aviv headquarters. ``Go to China, go to India, and see what their needs are.'' Kardan currently has six real-estate developments in China and one in India.

China Properties News

Craigslist beijing real estate