Browse all categories | Subscribe My Account | Logout
Browse all categories
< Back

Cushman Wakefield report dramatic fall in Chinese investment

Property Markets / Outlook

Australia

Feb 28 2018

Add to Favorites

Share this Article:

According to Cushman & Wakefield's annual China Outbound Investor Intentions Survey, Chinese outbound investment into Australian commercial property has seen a 60 percent drop over the past year, falling from almost $7 billion to $2.83. 

The pullback is the result of regulatory changes and tighter lending conditions.

Property experts expect Australia’s office and retail sectors to remain attractive to investors, but predict sales will come from different regions and at reduced levels.

An increase in joint venture deals is also expected.

Although mainland Chinese investment has decreased, Cushman & Wakefield’s annual China Outbound Investor Intentions Survey revealed investment from Hong Kong has increased by 20 per cent, with further increases expected in 2018.

Cushman & Wakefield’s head of capital markets Australia and New Zealand, James Quigley, told the Sydney Morning Herald that although Chinese investors say they still favour the Australian market, regulatory changes and fierce competition for high quality assets is expected to weaken deal activity.

SOURCE:

img

You may also like...


Load More

bannerImage
bannerImage

Login into your MP Report account

Forgot my password

Sign up to the MP Report

Creating an account with MP Report allows you to save articles and update your preferences to filter the content based on your interests and what content you would like to receive from us via our email alerts and newsletter.

SIGN UP HERE >