Original article by Lisa Allen
The Australian – Page: 25 : 9-May-19
The federal government’s restrictions on foreign investment in residential property have not been a deterrent for Asian buyers. Liam Bailey of Knight Frank says people from China and Southeast Asia are still the biggest investors in the local residential market. The global head of research notes that a number of other countries have imposed similar restrictions on foreign investors. Bailey forecasts growth in demand for geographically diverse property investments as global wealth increases.
CORPORATES
KNIGHT FRANK, CROWN RESORTS LIMITED – ASX CWN