Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
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Timber Highlights<br />
• Expanding sales into Asia to meet market demand<br />
– Exports to China have increased from 0% of exports two years ago to 53% today<br />
• Chinese government pushing construction to increase housing affordability<br />
– 10 million units of affordable housing startups planned for this year<br />
• Continued market resiliency expected as heading into autumn which is high season for<br />
construction<br />
China: Annual Housing Starts<br />
Annual units (millions)<br />
18<br />
16<br />
14<br />
12<br />
10<br />
8<br />
6<br />
4<br />
2<br />
0<br />
`98<br />
`99 9<br />
`00 0<br />
`01<br />
`02<br />
`03<br />
`04<br />
`05<br />
`06<br />
`07<br />
`08<br />
`09<br />
`10<br />
`11F<br />
Year<br />
108<br />
| <strong>Brookfield</strong> <strong>Asset</strong> <strong>Management</strong> Inc.
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