Property News · July 17, 2019

Chinese investors find a captive rental market among fellow mainlanders for their German residential properties


Chinese executives are buying property in Germany to rent to fellow employees relocating to Europe’s top economy, but it is only a matter of time before mainland companies invest themselves, mimicking the likes of Facebook and Google to attract and retain talent, say market observers. “In Munich we advised a Huawei executive in purchasing four one- to two-bedroom apartments of up to €500,000 (US$563,110) [each], only to rent to other Chinese employees working at Huawei’s European Research…

Source : South China Morning Post
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