SHANGHAI--(BUSINESS WIRE)--Mainland China-based investors showed rising sentient towards markets perceived to be safe havens, according to results of the 2016 Chinese Outbound Investor Intentions Survey released by DTZ/Cushman & Wakefield, a global leader in commercial real estate services. The U.S. and Australia saw a bump of 6% and 2%, respectively, in sentiment over the first 8 months of 2016, as respondents said they increasingly favor tried-and-true destinations in established markets.
Nearly three quarters of Chinese investors surveyed felt the investment environment post-Brexit is a good opportunity to invest in UK real estate over the next 5 years.
James Shepherd, DTZ/Cushman & Wakefield's Managing Director, Research, Greater China said: "The markets that feature a wide selection of available assets, high liquidity and relative ease of financing appear to be winning the attention of Chinese investors in search of capital appreciation or wealth preservation."
Commercial property grabbed the most attention in the survey, with almost 80% of Chinese investors who responded indicating interest in UK office assets. Hotel investments are gaining favor at the same time, capturing one-third of Chinese outbound capital over the first 8 months of 2016 at US$7.7 billion, according to data from Real Capital Analytics.
Justina Fan, DTZ/Cushman & Wakefield's Managing Director, Asia Pacific & Head of Outbound Investment, Greater China, commented: "Hotels are an increasingly attractive target for institutional Chinese investors thanks to growing demand for Chinese tourists and relaxed U.S. visa policies that encourage visits."
Elsewhere, America's West Coast cities are emerging destinations for outbound Chinese investment. While New York City commanded the most investor interest at 96%, Chinese investors who responded identified Los Angeles, San Francisco and Seattle as top-5 U.S. cities and are widening their choice of asset classes.
According to survey results, the U.S. held the top slot for overseas capital allocation by Chinese investors at 44%, followed by second-place Australia at a 22% share. Rounding out the top five investment destinations by share of interest were the UK (10%), Hong Kong (6%) and Canada (3%).
The survey of mainland-Chinese based investors was conducted by DTZ/Cushman & Wakefield in August 2016.
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Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. In Greater China, the firm has a co-branded presence under the name of DTZ/Cushman & Wakefield and operates 20 offices in the region. Cushman & Wakefield is among the largest commercial real estate services firms with revenues of US$5 billion across core services of agency leasing, asset services, capital markets, facility services, global occupier services, investment & asset management, project management, tenant representation and valuation & advisory. To learn more, please visit www.dtzcushwake.com or follow us on WeChat (DTZ_China) and LinkedIn (https://www.linkedin.com/company/dtz-cushman-wakefield).