He said China’s capital controls will continue to be a f

factor in Chinese outbound investments in 2018. “If you are a company where real estate and property development is your ma

in line of business I think you will have a better chance of getting your foreign investment approved,” he said.

Despite the decline in Chinese investment, the US commercial real estate markets weathered the loss of capi

tal well. Because New York and San Francisco receive two-thirds of every Chinese investment dollar according to the

report, the effect of the falloff was limited, according to Barry Hersh, a real estate professor at New York University.

Overall, China fell to third in total foreign investment in American real estate behind Cana

da and Singapore, according to the report. Bitner said other sources of capital stepped in to fill the void. “Capital fro

m Canada, Singapore, Japan and South Korea is coming into the US market,” he said.

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