Dallas among top U.S. cities for Chinese investmentDallas among top U.S. cities for Chinese investmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=144972016-09-13T05:00:00Z2016-09-13T17:00:00Z

​​​​DALLAS – KPMG has released a report identifying the top U.S. markets for Chinese investors, and Dallas is among them.

Other high-ranking cities were New York, Los Angeles, San Francisco, Washington, D.C., and Chicago.

"The U.S. market is very attractive to Chinese investors as they look to expand their global operations, diversify their portfolios by adding U.S. assets, and establish information exchanges with U.S. developers," Phil Marra, KPMG U.S. Real Estate Funds leader, said in the report. "While much of the investment has been focused in U.S. coastal "gateway" cities, where assets are considered most liquid, Chinese investors are starting to expand into other markets as they seek higher yields and diversification."

Last year Chinese buyers spent almost $10 billion on U.S. property.

Dallas Morning News
Dallas-Fort Worth-Arlington
http://www.dallasnews.com/business/commercial-real-estate/headlines/20160913-chinese-buyers-have-dallas-real-estate-on-their-shopping-list.eceRead more at {Source}

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