Office and commercial towers reaching skywards in Shanghai. As overseas funds have withdrawn, domestic buyers have been returning to the sector, according to property experts. Photo: Xinhua

Foreign capital gives mainland China’s commercial property a miss as global uncertainties and slowing domestic economy take a toll on sentiment

  • Foreign institutional investors have been deterred by the prospect of lower asset values and the further decline of the yuan, says Li Yandong, partner at Gopher Asset’s real estate fund investment unit
  • Since the fourth quarter of last year, the foreign funds’ proportion of total investment in the sector has dropped from 50 per cent to 10 per cent, according to data from Cushman & Wakefield
Topic |   China property
Office and commercial towers reaching skywards in Shanghai. As overseas funds have withdrawn, domestic buyers have been returning to the sector, according to property experts. Photo: Xinhua
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