Chinese investors hungry to get into US commercial real estate market
By Paul Welitzkin in New York | China Daily | Updated: 2017-06-08 06:53
It's not just that house in a leafy US subdivision that interests Chinese investors - they may also be intrigued by a storefront in a shopping center, according to new report.
China was the top country of origin in both the buying and selling of US commercial real estate last year, according to the 2017 Commercial Real Estate International Business Trends report, which was released on Tuesday by the National Association of Realtors.
The top countries of origin for buyers were China (17 percent), Mexico (14 percent) and the United Kingdom and Venezuela (both at 7 percent), while sellers were typically from China (17 percent) or Brazil, Canada, France and Mexico (all at 10 percent).
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