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New York is Best Business Destination

New York has been labeled as the best corporate travel destination New York if often labeled as a cultural melting pot, with a lot of immigrants making it their home.

California Pension Fund Looks for Rental Income in China

CalPERS has decided to invest in two new real estate funds worth $530 million With a Preqin survey already pitching Asia as one of the markets to see increased investment activities in coming months, Sacramento-based California Public Employees’ Retirement System (CalPERS) has already announced its plans to invest in high-quality office buildings and retail malls in China.

Appetite of Real Estate Funds Still High

About 48 percent of investors plan to commit to the asset class in the next 12 months, Preqin reports