South Korea’s National Pension Service, the third largest pension fund in the world, has investments in real estate in US cities such as New York, Los Angeles (pictured) and Houston. Photo: AFP

South Koreans plough into offshore property markets as mainland Chinese pare down investments

  • Strict capital controls and Beijing’s belt and road push have led to a dramatic fall in Chinese investment in overseas real estate
  • The vacuum left behind has opened opportunities for other Asian countries – particularly South Korea – to increase their global real estate portfolios, say analysts
Topic |   China property

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South Korea’s National Pension Service, the third largest pension fund in the world, has investments in real estate in US cities such as New York, Los Angeles (pictured) and Houston. Photo: AFP
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