Chinese interest in buying UK property may just be starting to get serious.
That’s a view shared by Victor Li, CBRE’s director of international project marketing, and Charles Pittar, chief executive of property website Juwai.com, among others.
Li reckons that just 3% of the potential number of Chinese investors in foreign property have been tapped so far. Pittar estimates that Chinese investment in foreign commercial and residential property could rise to $200bn a year over the next 10 years, from around $50bn in 2014.
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