The Chinese investment volume on the US commercial real estate market declined 55 percent in 2017, according to Cushman & Wakefield. The report attributes the downturn to the Chinese government’s increased regulatory scrutiny and more attractive opportunities in other countries. Chinese companies invested $7.3bn into US commercial real estate in 2017, a $8.9bn drop compared to 2016’s $16.2bn volume. Los Angeles suffered the steepest downturn, with the deal volume down 67 percent, followed by New York (-54 percent) and Chicago (-20 percent). These cities as well as San Francisco and Seattle accounted for two-thirds of all Chinese investment in the US in 2017. China fell to number three for total foreign investment in US real estate, with Canada returning to the top spot, followed by Singapore.
