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















