HONG KONG, April 9 China Vanke Co Ltd
, the mainland's largest listed developer, said on
Wednesday its total overseas investment for the next five years
would not exceed 10 percent of overall investment over that
Vanke president Yu Liang, speaking at a real estate forum in
Hong Kong, also said without elaborating that the company was
interested in investing in logistics properties.
Vanke has joined a host of Chinese developers in venturing
overseas at a time when tighter liquidity is fuelling worries
over the outlook for China's property market.
(Reporting by Clare Jim and Yimou Lee; Editing by Christopher