Chinese investors add industrial real estate to portfolios

Despite Chinese government restrictions on overseas investments as of late 2016, Chinese investors have acquired more than $773 million in U.S. industrial real estate to date this year—equating to 89% of their U.S. investment total for all 2016.

“Industrial demand and strong property fundamentals, particularly in this cycle, have piqued the interest of global investors, especially from China. Domestic wealth has grown significantly in China in recent years, and investors are seeking to diversify their portfolios with global acquisitions in the U.S. and Europe. Competition for prime industrial properties is strong, and the volume of capital that is under-allocated in the industrial asset class has become increasingly aggressive,” said Jack Fraker, managing director, Global Industrial & Logistics, CBRE

Read more on the CBRE site here.