Global Power | Local Knowledge | Uniquely Personal
All Articles News FAQs Videos
中文

Investment from China is growing

Chinese investors are becoming increasingly active in Australia.

The level of investment from China is set to grow over the coming months, according to Grant Thornton Australia.

Sian Sinclair, head of real estate and construction at the company told Australian Property Investor that new rules are being introduced that will allow Chinese insurers to invest up to 15 per cent of their assets in overseas property, meaning the Australian market could be about to see a significant increase in interest.

He commented: "The key will be actively marketing to these investor groups as we're competing with strong markets including the UK, US and so on."

Mr Sinclair added that these relaxed new rules will open up more than 45 world markets to investors from China.

Recent data published by Knight Frank has highlighted a growing level of investment in Australian property from Asia.

The report revealed how 50 per cent of homes valued between AU$650,000 and AU$850,000 are being snapped up by overseas buyers.

Posted by Craig Francis

- China, investment, property, UK

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

中文

Subscribe Now