Global finance: Is properties land still attractive to chinese developer from oversea?
File picture Source: AAP
A Knight Franks report, The Rise of Chinese Developers in Australia, found Chinese developers bought $2.4 billion of residential development sites, or 38 per cent of the total value of sites sold, in 2016. Ivan has invited Dr. Wei Li from Sydney University Business School to find out in a developer's perspective, is Sydney and Melbournes property market still highly profitable. Dr. Li will also explain whether this new research pointing to a clear trend towards buying up land in Sydney and Melbourne suburbs; or will it lead to another stage of Australia-China business.
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