- June 1, 2016: Vol. 8, Number 6

To read this full article you need to be subscribed to Institutional Real Estate Asia Pacific

Chinese foreign investment in Australian property doubles

by Andrea Waitrovich

Investment from China into Australia’s real estate sector remained the highest for foreign investment approvals during 2014–2015, according to the Australian Government’s Foreign Investment Review Board annual report.

Approved investment in Australian real estate reached A$96.9 billion (US$74.7 billion), compared with A$74.6 billion (US$57.5 billion) in 2013–2014. A large proportion of these approvals involved Chinese investors.

The value of all approvals granted for China reached A$47 billion (US$36 billion) for 2014–2015, roughly 33 percent of the total value of approvals by foreign country. Approved Chinese investment specifically in real estate doubled to A$24 billion (US$18.5 billion), compared with the approved amount in 2013–2014 of A$12 billion (US$9.3 billion).

The United States followed with A$25 billion (US$19.3 billion) approved (approximately 18 percent of the total value of approvals by foreign country). Approved US investment in Austra

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy