The international property sector has been hungry for Chinese buyers in recent years, with countries such as Spain and Portugal courting them through golden visa programmes and tempting tax incentive schemes. From second homes in the sunshine to hotel rooms for oil workers on the frozen plains of North Dakota, Chinese buyers have been flooding the property investment market with their money.
"The Asian market has been hugely important over the past few years," comments Robert Gavin, Group CEO of NDD Group, which specialises in high end workforce accommodation solutions like the Transhudson Hotel - Parshall in the US state of North Dakota. "Demand remains strong and we have opened offices in both Singapore and China in order to manage the appetite there for US property purchases."