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A Big Buyer Could Be Leaving Manhattan's Commercial RE Market

by businessinsider.com posted 1year ago 471 views
The last big enthusiastic buyer, China, is leaving the party. Commercial real estate, such as office and apartment towers, in trophy cities in the U.S. and Europe has been among the favorite items on the long and eclectic shopping lists of Chinese companies. Over the two years in the U.S. alone, according to Morgan Stanley, Chinese firms have acquired $17 billion worth of commercial properties.

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