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Top Cities attracting Chinese investment into commercial real estate, 2013
Source: Jones Lang LaSalle
The office sector continues to dominate as the preferred asset class amongst Chinese commercial real estate investors that are active overseas, accounting for 85 percent of all transactions they made in 2013. However, there is an increasing interest in retail and hotels, as well as residential land development, as demonstrated by Greenland's recent purchase of the Ram Brewery site in London and Dalian Wanda's decision to build a hotel and residential complex at Nine Elms in London.
Alistair Meadows added: "We expect interest and activity from equity rich Chinese buyers in overseas real estate markets to continue to grow in 2014; we think it is possible that the total volume of spend by Chinese investors on commercial real estate outside of China could pass the USD10 billion mark in 2014."
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