Chinese outbound real estate investment to reach $20b in 2015

Under the continued loosening of outbound investment regulations since 2012 and the structural shift of China's insurance companies portfolio allocation towards more globalization, especially in overseas real estate market, China's outbound real estate investment has climbed 50 percent to $15.6 billion a year to date, a report from real estate consultancy firm JLL showed on Wednesday. JLL is expecting Chinese outbound investment into direct real estate to rise to approximately $20 billion by the end of this year, while the number last year was $16.5 billion.  The full article could be read here.