Chinese investors were net sellers of Q2 commercial property worth $ tens of billions of dollars in Q2 2018 ending a decade-long buying spree during which they often paid record prices to acquire HNA Group properties. Chinese real-estate investors, facing pressure from Beijing, are reversing a yearslong buying spree in the U.S. where they often paid record prices for marquee properties like New York’s Waldorf Astoria hotel. The selling reflects the Chinese government's change in attitude towards overseas investment over the past few months and the need for some conglomerates like marquee to offload prize assets to repay debt.
Chinese investors were net sellers of Q2 commercial property worth $ tens of billions of dollars in Q2 2018 ending a decade-long buying spree during which they often paid record prices to acquire HNA Group properties. The selling reflects the Chinese government's change in attitude towards overseas investment over the past few months and the need for some conglomerates like marquee to offload prize assets to repay debt.