The Wall Street Journal / June 26th, 2019
The Wall Street Journal reports: Foreign investors are starting to buy commercial real estate in China again, shrugging off frothy prices and the trade dispute with the U.S. while focusing on China’s maturing domestic market and longer-term growth prospects.
Institutional investors—ranging from the U.S. and Switzerland to Bahrain and Singapore—were net buyers of $2.7 billion worth of Chinese commercial real estate in the first quarter, according to Real Capital Analytics.
That marked the biggest amount of foreign purchases during a single quarter since Real Capital started collecting this data in 2007. Foreign interest also represents a reversal from most of the period between 2013 to 2018 when these investors were net sellers, dumping Chinese office buildings, malls, warehouses and other types of commercial property.