China Daily Life
  • China's Impact on Global Real Estate
  • While much of the business is in mergers and acquisitions, especially in the agribusiness sector, Chinese purchases of real estate properties and/or interests have made a splash in the global real estate market. Amongst the purchases were the $13 billion spent for Starwood Hotels &Resorts Worldwide Inc. The total volume for the quarter had already surpassed $16 billion.
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  • China Dominates U.S. Real Estate Market
  • China has been a major player in New York real estate market but is now expanding their influence on a national scale as it surpasses Canada as the largest foreign buyer of homes in the United States, The Wall Street Journal reports.
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China Daily Life
  • China Insurers to Invest $73 Billion On Overseas Property
  • Chinese insurers are looking at a 5-year plan in diversifying their assets by increasing their overseas property investments. Real estate services firm DTZ/Cushman & Wakefield on Wednesday published this report and revealing the total amount of would-be investments of US$73 billion, The Real Deal website reports.
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