A man rides a bike along Circular Quay in Sydney in October 2016. The pandemic has hit cross-border investment in Australia’s commercial property market. Photo: Shutterstock
A man rides a bike along Circular Quay in Sydney in October 2016. The pandemic has hit cross-border investment in Australia’s commercial property market. Photo: Shutterstock
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

What China Investment Corporation’s deal in Sydney says about Asia’s property market

  • China’s sovereign wealth fund’s acquisition of an additional stake in an office tower in Sydney’s central business district is symptomatic of the state of the property market in the region, which has not experienced the crisis seen elsewhere