Overseas property funding expands strongly
By Wu Yiyao In Shanghai | China Daily | Updated: 2015-03-26 07:36
Chinese investors will make more outbound property investment this year amid relaxing policies and rising investor sentiment, according to a report released on Wednesday.
The study by Colliers International, a global commercial real estate services organization, said Chinese investors spent around $14.26 billion on overseas property investment in 2014 and the investment is expected to increase further.
The compound annual growth rate of Chinese firms' outbound investment in the past seven years reached 50 percent, said the company.
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