Jul
09

Chinese Property Buys in Australia Plummet on Capital Controls

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  • Commercial property investment from China sank 81% on year
  •  Levels of Chinese investment lowest since 2012, CBRE says

Chinese investment in Australia’s commercial property has plummeted to the lowest level in six years as mainland capital controls bite.

Direct investment fell 81 percent to A$250 million ($187 million) in the first half from a year earlier, property brokerage CBRE Group Inc. said in a report on Monday…

Chinese Property Buys in Australia Plummet on Capital Controls

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Categories : Private Equity

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