Chinese investors sold $1B in US real estate in Q3

Chinese investors keep retreating from the U.S. real estate market. They offloaded more than $1 billion in U.S. properties in the third quarter, the Wall Street Journal reported. Meanwhile, insurers, conglomerates and other big investors from the country purchased $231 million of property. “This has to do more with a change in how capital is permitted to behave rather than Chinese investors saying ‘I don’t like the U.S.’,” Jim Costello, senior vice president at Real […]

Source: Real Estate

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