Chinese investors about to inundate the Australian real estate sector

Chinese investors are about to inundate the Australian real estate sector with billions of dollars and have been doing so for the past two years Australia wide in the residential, rural, commercial and industrial sectors.

Chinese insurance companies have just made public their long-awaited updated regulations surrounding investment in overseas assets. 

The changes allow the country’s insurers to significantly expand their offshore holdings, and Australia is set to benefit. 

Under the new rules, Chinese insurers can invest up to 15 per cent of their total assets in overseas investments.

It’s been estimated that such companies had the equivalent of more than $900 billion (Australian dollars) in assets and are ready to more on Australian real estate.