Property News · February 28, 2017

China overtakes Singapore as the largest Asian outbound property investor


China last year surpassed Singapore as the largest source of Asian capital in the global real estate market for the first time, accounting for nearly half of the total US$60 billion investment. However, this year smaller deals might replace the large transactions seen in 2016, according to global real estate service provider CBRE.
Outbound property investment by Chinese institutional investors in 2016 surged more than 56 per cent to US$28.2 billion from US$18.1 billion in 2015, CBRE said in its…

Source : South China Morning Post
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