Media365
Chinese companies are driving a fresh wave of investment in overseas properties, with new energy industrial facilities, cross-border e-commerce logistics centres, and smart city projects becoming investment hotspots, Knight Frank has said.
Traditional residential development was on the wane, while industrial property, logistics real estate and commercial complexes were emerging as core investment priorities, according to a January report by the London-based property consultancy.
“Chinese enterprises’ overseas expansion is reshaping the landscape of the real estate sector across investment segments, target regions and business models,” said Virginia Huang, managing director of north and east China at Knight Frank.
Key targets include smart city real estate in the Middle East, such as futuristic projects in Saudi Arabia and Abu Dhabi in the United Arab Emirates.
Some hot investment destinations include commercial and industrial supporting real estate in African hubs like Nairobi, Kenya, and Lagos, Nigeria, as well as logistics and warehousing properties in Latin American cities like Monterrey, Mexico, and Bogota, Colombia, according to Knight Frank.
