Chinese commercial investment in Australia surges in 2013: Chart of the week

Chinese investment in Australian commercial property has surged ahead in 2013, according to figures published by Colliers International in its 2013 Australian Capital Markets report.

Over the first four months of the year, Chinese investment has totalled $201 million compared with $122 million for the whole of 2012 and $137 million in 2011.

“China has been actively investing or seeking to invest in mineral exploration and development sector for some time but more recently real estate has emerged as a major category for investment.

“During the last three years, proposed foreign investment in Australia by China in the real estate sector has grown by almost 75%, while proposed foreign investment in mineral exploration and development has declined by around 14%,” notes the report.

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Source: Colliers International

Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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