China bagged 11.6% of real estate FDI projects in OCO Consulting’s sample of 587 projects worldwide in the three years to December 2004, with Asia as a whole attracting more than 21% of projects. However, Europe was the location for 315 of the projects, more than 53% of the total, dominating the top 10. European firms also took up the bulk of the top ranking of companies by number of projects and number of jobs created. By far the biggest investor in the sample was Japanese company Tokyu, which put $20bn into a single project, almost 30% of total worldwide investment. The project is the biggest private urban development ever undertaken in Australia and is expected to take 30 years to complete, creating 55,000 homes.
Note: The information included in this report is based on publicly available sources. Investment and employment information is not captured for all projects.