By Petra Blazkova on April 11th, 2019
Capital outflows from China and Hong Kong into global commercial real estate markets dropped by 27% in 2018, down from an all-time high of $31.3 billion in 2017. The reason was not direct real estate investments falling out of favor with these investors, but because of political and economic pressures.
The outflows dropped across the globe, however the gap was the most visible in European real estate investments. This came after the exceptional 2017 when Hong Kong investors bought trophy office assets in London such as 20 Fenchurch Street and the Leadenhall Building, and Beijing-based CIC purchased a $14.6 billion European logistics portfolio.
Willem Vlaming provided data analysis for this article.
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