China Emerges As A Player In Industrial Real Estate And That Is Good News For The Sector
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Thanks to good locations and low risk, industrial real estate has long been an attractive asset class for foreign investors, with one notable exception — China. That has changed over the past 12 months, and in a major way that signals the bull market for industrial real estate has plenty of runway.
According to a new report on industrial capital markets by Avison Young, foreign investors bought $4.3B in U.S. industrial real estate assets between Q1 2016 and the first three months of 2017. Foreign entities bought 79 industrial properties across the country in Q1 2017, totaling $1.3B in trade volume. But the most surprising information from the report is the amount of capital being deployed by Chinese investors, which bought $284.9M in industrial real estate in Q1 2017, compared to $5.2M for the same time frame last year, a 540% increase year-to-year.
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