News: I nsurance firms in China are holding around US$14.4bn that could be used to invest in overseas real estate, a ccording to research carried out by US real estate services company CBRE . It is likely that the funds will consider property in the US, UK, Canada, and other ' low-risk ' markets, World Property Channel reports. While exploring local investment opportunities, Chinese investors have also benefitted from the strength of the local currency since the global economic downturn .
BMI View: As prices are wavering from historic stability and curbing measures continue, particularly in major cities in China, the overriding sentiment in the country's residential and commercial real estate market is that a slowdown is under way. Many developers are struggling with liquidity issues and the prevalence of shadow banking assets in infrastructure and real estate is a significant risk to construction across the real estate segments. That said, there are some bright spots. The retail market is showing strength amid the uncertainty, and the office market remains buoyant in the country's top-tier cities.