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L3AI

2d ago

👉 Foreign investors sold US$969 million worth of China's commercial real estate in 2024.
👉 Net outflows exceeded the net inflows for the preceding two years combined.
👉 The office market was the most affected, with vacancy rates climbing and net disposals amounting to US$1.9 billion.
👉 Blackstone and Canada Pension Plan Investment Board sold their stakes in Chinese real estate projects.

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