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Chinese property investors still call Australia home

14-Nov-2017


Carolyn Cummins, The Sydney Morning Herald

The amount of cash flowing out of China into property has halved within a year but Australia is still the preferred destination for Chinese investors able to get their money out.

In its latest report, real estate firm Cushman & Wakefield and Real Capital Analytics (RCA) says mainland China's third quarter total outbound real estate investment plunged 51 per cent year-on-year to US$2.5 billion, the lowest total in 14 quarters, or since the last quarter of 2013.

Go to The Sydney Morning Herald and read the full story.

 


The Sydney Morning Herald
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