Investment
Chinese Overseas Real Estate Investment Hits $33bn
- Chinese Overseas Real Estate Investment Hits $33bn
JLL’s Global Capital Flows data, says China has hit a record of $33bn in overseas commercial and residential property investment in 2016, an increase of nearly 53 percent year-on-year.
According to World Property Journal, while investment in land, offices and hotels account for 90 per cent of all Chinese outbound capital in the last three years, the hotel and industrial sectors showed the largest increase in 2016 due to significant transactions in the US in the form of portfolio sales and Chinese appetite for industrial parks.