Europe has become the preferred destination for Chinese real estate buyers as American properties fall out of favour in the wake of the growing US-China trade spat. Going forward, Chinese investments in European real estate are expected to increase, with a recent relaxation of Chinese regulations restricting investments in overseas property.
Chinese real estate investment in Europe totalled $1.08 billion in the first half of this year compared with just $380 million in the US, according to Rhodium Group, a US consultancy that tracks Chinese outbound investments.
Although Chinese property investments declined in both the US and...