chinese overseas

According to the Knight Frank’s Chinese Outbound Real Estate Investment report, Chinese real estate investment overseas has continued to grow strongly in 2015 despite domestic market uncertainties, riding on the strong appetite for overseas real estate from both major and smaller investors.

Global gateway cities continue to attract the bulk of Chinese overseas real estate investment. The insurance giants, in particular, continue to splash out on trophy properties. In 2015 investment inthe UK is on par with that of 2014, but strong growth in Australia continues unabated.

In the first 10 months of 2015,total volume of Chinese outbound real estate investment has already exceeded that of the entire previous yearBy the end of 2015, the total Chinese outbound capital has reached nearly US$30 billion doubling that of 2014.

“There has also been significantly increased investment in US commercial real estate, making it the fastest growing mature market.In the US, the majority of the Chinese capital flows were into hotel and office properties in the New York borough of Manhattan, accounting for 52.3% of the total investment in the country.” notes the report.

Source: http://www.knightfrank.com/

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