Outbound realty investment doubles in 2015
Chinese outbound real estate investment continued to grow in 2015, reaching nearly $30 billion and doubling that of 2014, a report by the global property consultancy Knight Frank said.
Most of the investments were in gateway cities such as New York, London and Sydney and regional hubs like Chicago and Seattle.
David Ji, director and head of research and consultancy at Knight Frank China, said China’s institutional investors as well as banks and insurers are focused on commercial properties with stable returns, which show their preference for deals with lower risks.
As for individual outbound real estate investors in China, more will choose to allocate their assets in residential properties and their investment decisions are more closely linked to their children’s education and their own demands for care for years after retiring, said the report.