“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “
What if the West Valley was about to explode economically and What If you knew this now. CLICK HERE:
Jim Edwards Aug. 8, 2017
LONDON — The Chinese pulled 84% of their overseas property investments globally in the first half of 2017 after the government began officially frowning on a “negative list” of foreign investments that were attracting Chinese cash, according to Morgan Stanley.
The Chinese were 25% of buyers of central London commercial property in 2016, a recent note to clients from Morgan Stanley’s research team said.
The sudden absence of China explains, in part, the recent softness in the London property market. Residential prices in London began falling in the last few months.
“Over half the investment in the City over the past year has come from Asian investors,” Morgan Stanley said, and only 15% comes from the UK. (“The City” refers only to London’s financial district.)
In total, Chinese investment in foreign property globally was estimated at $10.6 billion in 2016. Morgan Stanley said it has dropped to $1.7 billion this year, a decline of 84%, and expects it to stay low next year.
Here is the scale of the cliff:
Morgan Stanley
London and the UK are particularly vulnerable to a pullback of Chinese investment. Last year, Chinese money was 25% of all central London commercial property purchases. Back in 2006, was only 1%. In the City area of London, however, almost all buyers are foreigners, with Asians making half of all purchases:
In the last few weeks, the China Banking Regulatory Commission began cutting off funding for foreign property investments.
Instead, the government wants investors to pour money into projects associated with its One Belt, One Road project to link China with the West via land. It called investments in property, hotels, cinema, media, and sports clubs “irrational,” the Morgan Stanley team reported.
The situation will affect the US and Australia, too:
- China was 30% of all Manhattan transactions this year so far. Commercial real estate prices there are down 55% year on year.
- In Australia, the “residential sector is most exposed,” Morgan Stanley says. China is 12-25% of commercial real estate transactions down under.
SEE IT ALL: http://www.businessinsider.com/china-overseas-property-investment-uk-2017-8
FROM ME:
Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also internationalClick here to find out what is a CCIM: https://en.wikipedia.org/wiki/CCIM
Timeline of Arizona from 900 BC – 2017
Please call or text me on my cell: 520-975-5207 or send me an e-mail walterunger@ccim.net
WEEKLY APARTMENT CLOSING UPDATE THROUGH July 28 / 2017 / Phoenix Arizona Metro
WEEKLY APARTMENT CLOSING UPDATE THROUGH July 21 / 2017 / Phoenix Arizona Metro
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
ARIZONA FACTS – YEAR 1848 TO 2013
Timeline of Arizona from 900 BC – 2017
DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
- The average age of the population is 34 years old.
- The health cost index score in this area is 102.1. (100 = national average)
- Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).
PHOENIX PROJECTED AS NUMBER ONE US HOUSING MARKET FOR 2017
LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17
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Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
2016 Official Arizona Visitors Guide
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
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Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
Walter Unger CCIM
Senior Associate Broker
Kasten Long Commercial Group
5110 N 40th Street, Suite 110
Phoenix , AZ 85018
Direct: 520-975-5207
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