Thursday 26 July 2018

Chinese buyers’ retreat could hurt US property values

For the first time in a decade, Chinese insurers, conglomerates and other investors have become net sellers of U.S. commercial real estate. Following Beijing’s tightening of capital controls, Chinese investors sold $1.29 billion worth of U.S. commercial real estate in the second quarter, while purchasing only $126.2 million, the Wall Street Journal reported. The pullback could slow down growth in the U.S. real estate market, the report said. Though Chinese investors were only a fraction […]



source https://therealdeal.com/2018/07/26/chinese-buyers-retreat-could-hurt-us-property-values/

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