CHINESE INVESTMENT SURGES AHEAD IN THE YEAR OF THE MONKEY

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In the past year, the greater Los Angeles area has seen a surge in the number of Chinese buyers interested in the area’s real estate — in particular, those mega-properties valued above the $15 million mark.

The trend has been confirmed by both L.A.'s high-end real estate brokerage firm, John Aaroe Group, which has recently teamed up with Juwai, China’s largest online international property search engine and information platform.

“Compared with the same period last year, we have seen our high-end property consultations, in the four quarters of 2015, go up 45%," Aaron Kirman, John Aaroe Group’s overseas real estate chairman, told Caixin. "I've currently got a dozen deals in the works between $15 to 135 million. And there have been detailed inquiries on all of them by potential Chinese buyers.”

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Keith Kaplan

CalBRE #01933707
Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA   90069

keith.kaplan@sothebyshomes.com

310-646-7791

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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