Foreign Investors Shying Away From China’s Commercial Property Market
Foreign investors are shying away from deploying capital to commercial properties in China's beleaguered real estate market, with the remaining players pinning their hopes on niche strategies in areas such as environmentally friendly developments. For the January to June period this year, Chinese families into China's commercial properties -- which includes offices, industrials, hotels, retail and apartments -- totalled $3.3 billion, down 13% from a year ago, according to data from investment research group MSCI. Japan, despite showing a 35% decline in such deals, topped the Asia Pacific market at...
