Chinese investors’ international spending increases in 2013
International investment activity by Chinese investors increased by 124 percent to US$7.6 billion in 2013, according to research from Jones Lang LaSalle. This is an increase from US$3.3 billion in 2012 and US$2.9 billion in 2011. The UK and US real estate markets attracted most of this capital last year; the United Kingdom received US$2.3 billion, up from US$1.3 billion in 2012, and the United States received US$3.1 billion, up from US$264 million in 2012.
The office sector continues to dominate as the preferred asset class among Chinese commercial real estate investors active overseas, accounting for 85 percent of all investments made in 2013.
After New York City, London attracted the most money from Chinese investors, pulling in US$2.1 billion. Major transactions in 2013 included Chinese insurance firm Ping An buying the