During 2013, Chinese overseas real estate investment continued to grow significantly. Data released by Jones Lang LaSalle yesterday shows that as of the end of the third quarter of 2013, Chinese overseas real estate investment increased by 25% year-on-year. To date, Chinese overseas real estate transaction volume this year has exceeded $5 billion, breaking the historical record of $4 billion for the entire previous year. Compared with the 17% quarter-on-quarter growth in the domestic Chinese real estate investment market, the substantial growth in overseas investment is even more remarkable.
The report indicates that the destinations for overseas investment by Chinese institutional real estate investors have generally remained unchanged, with the most active markets being Europe, the United States, Australia, and Singapore. Among these, the transaction volume of Chinese institutional real estate investors in Europe has continued to grow since 2012, reaching nearly $2 billion by the end of the third quarter of 2013, a year-on-year increase of 25%.
David, Director of Research for Global Capital Markets at Jones Lang LaSalle, analyzed that over the past three years, Europe has consistently been the region of primary interest for Chinese investors. In 2013, this trend spread across the entire European continent, with investors also showing increased interest in Southern and Central Europe. 