Property News · December 4, 2018

Foreign buyers increase share of China commercial property deals, spend US$3 billion in three weeks


Overseas investors, mostly from Hong Kong, have cornered a large share of mega commercial property deals in mainland China, with their share of the pie surging to record levels in Beijing as well as Shanghai.
These investors have spent more than 23 billion yuan (US$3.3 billion) in at least five publicly announced deals involving commercial property in the past three weeks, even as local investors find themselves curtailed by Beijing’s credit tightening policy.
China’s commercial…

Source : South China Morning Post
Read more…Foreign buyers increase share of China commercial property deals, spend US billion in three weeks

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