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China Buying More Global Property
Brief:Analysts at Savills Research in China note that more Chinese investors are buying up more property in international markets than ever before.
Investment by Chinese firms in overseas real estate have grown spectacularly over the last three years, up from US$900 million in 2010 to US$5.6 billion in 2012, according to new figures.

This year investment volumes have already exceeded those levels thanks to many high profile deals in key gateway cities, says the latest report from Savills Research China, with key cities like London, New York and Sydney regarded as safe investments.

The firm adds that this trend is likely to continue for many years to come as China further integrates with the rest of the world and new sources of capital gain traction in overseas markets. Investment volumes could conservatively continue to grow at 20% per annum over the next decade.

Source:NUWire Investor

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