Chinese investments in overseas properties are still active but are having to overcome some new capital challenges, according to legal experts involved in two recent deals.
SRE Group, a Chinese integrated real estate developer, acquired 75 Howard, a luxury residential tower at 75 Howard St in San Francisco. In the UK, Chinese Estates Holding, a Hong Kong-listed property developer, acquired 11-12 St James’s Square in London for £174.9 million (US$227.8 million).
When Chinese investors plan to invest in American and British real estate at the moment, the impacts of China’s restriction on capital outflows cannot be overlooked, said the legal experts.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章，欢迎成为我们的订阅会员成为我们的订阅会员。
