Asian realty attracts big investments

Chinese property companies invested less in the US and poured $12.5 billion, up 34%, into biggest continent in 2017

Overseas investments of Chinese real estate companies, which focused on the US market until 2016, will target emerging Asian markets more and more in the next two years, industry reports suggest.

Mainland property investment in Asia grew 34 percent to reach around $12.5 billion last year while that in the United States dropped 64 percent to $5.9 billion, data from property research firm Real Capital Analytics showed.