Colliers International, Shanghai

Notwithstanding China’s capital account control, the gradual formation of an upper class household and stepping up in outward direct investment by Chinese enterprises will underpin acquisition interest of overseas properties by Chinese entities. Yet this will not dent China’s domestic property market given its sheer size, and that there is little substitution in demand between the China and overseas markets.

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About Colliers International

Colliers Macaulay Nicolls Inc. (CMN), operating as Colliers International, is a leading international real estate services company that provides a full range of services to commercial real estate users, owners and investors worldwide. These services include brokerage, property management, hotel investment sales and consulting, corporate services, valuation, consulting and appraisal services, mortgage banking and research. Through greater knowledge and specialization, CMN strives to accelerate the success of all its clients, partners, professionals, management and staff. CMN is a FirstService Company (Nasdaq: FSRV; TSX: FSV.SV). CMN is the largest member firm of Colliers International, one of the world's top commercial real estate services organizations, with revenues over US$2 billion in 2007 and 293 offices in 61 countries. CMN can be found on the Web at http://www.colliersmn.com. Locally, Colliers professionals serve clients throughout China. Find out more at www.colliers.com/china.

Contact Information

For further information, please contact:

Hingyin Lee
Director, Research & Advisory
Colliers International, East China
Tel : 86 21 61413580
Email: Hingyin.Lee@colliers.com

Julian Jiang
Analyst, Research & Advisory
Colliers International
Tel: 86 21 61413592
Email: Julian.Jiang@colliers.com

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