Yen pour into U.S. real estate property

yen-sedlar

By Peter Grant | The Wall Street Journal

Commercial property sales have slowed in the U.S. this year—but Chinese investors are continuing to plow money into the market.

So far in 2016, Chinese companies have purchased or are buying 47 U.S. properties worth $9.3 billion, according to deal tracker Real Capital Analytics. That makes them the most active foreign buyers in the U.S., with more than double Canada’s $4.2 billion worth of deals.

By contrast, for all of last year Chinese investors did 71 U.S. deals worth $6 billion.

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