CREO eyes China prospects despite losses

THE relative strength of the Chinese economy has made China Real Estate Opportunities (CREO) optimistic about the remainder of the year.

That is despite the fact that fickle exchange rate movements brought the Irish controlled developer into the red in the first half of the year.

Treasury Holdings and parties associated with it are the primary owners of CREO, along with its London-based sister company Real Estate Opportunities (REO).