Chinese institutions eyeing properties abroad
By Wang Ying in Shanghai | China Daily | Updated: 2013-07-11 07:31
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Exhibition area of China Vanke Co Ltd, China's largest property developer, at the Wuhan Spring Real Estate Trade Fair in May. A growing number of Chinese individuals and developers are investing in the real estate market abroad. Provided to China Daily |
Limited investment options and abundant liquidity are prompting Chinese investors to look abroad for alternative opportunities, and a real estate consultancy is forecasting that mainland individuals will put up to 1.1 trillion yuan ($179 billion) into global real estate markets.
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