That's according to real estate advisory firms and as reported by Reuters
- DTZ/Cushman & Wakefield saidit expected the deal volume of China's outbound property investment would drop slightly in 2017
- Jones Lang Lasalle (JLL) said it may be challenging for China to see (an increase in outbound investment) in 2017
"Demand for outbound investment will likely remain strong in 2017 as Chinese investors continue to look for diversification on the back of the expectation of lower cap rates of core assets in China," said Catherine Chen, DTZ/Cushman & Wakefield's head of capital markets."Nevertheless, the recent government controls on capital outflows will likely lengthen the time it takes to complete a transaction, and as a result we expect deal volume to decrease slightly in 2017."
Well ... those comments still sound like the effect will be minimal only ...
Huh ... If Chinese authorities are serious on this outflow thing the impact will be bigger than a 'drop slightly' ... we'll see.
