Nikkei Asian Review / April 18th, 2017
Nikkei Asian Review reports: China became Asia Pacific’s largest real estate investment market in 2016 according to Real Capital Analytics, the property market intelligence company. Despite Beijing’s capital control policy, RCA expects China to continue to stay at the top rank for the region this year and beyond, supported by strong demand in large cities.
The statistics from RCA’s Asia Pacific Capital Trends report cover the resale deals of existing income-producing real estate, including offices, industrial properties, retail properties, apartments and hotels, but not including the sales of land for development. The report found that in 2016, China attracted $36.5 billion of investment in such properties, surpassing Japan and Australia, markets that formerly led deals in the region. Transaction volumes in China increased 10% from the previous year. In the global ranking, China came in as the world’s fourth biggest market after the U.S., Germany and the U.K.
View the full article on Nikkei Asian Review: China to Keep Top Place in Asia’s Real Estate Investment Market, Says RCA