The president of Shelter Asset Management, Stuart Hansen also leverages his experience working with client investors in China in his role as vice president of Marquee Asset Management, LLC. Both companies are arms of Drewco Development Corporation, and Stuart Hansen plays a pivotal role in helping attract investments from China to North America for the firm’s real estate activities.
According to global real estate entity JLL, investments from China into overseas commercial, industrial, and residential property rose to $33 billion in 2016, a 53-percent increase over 2015. In particular, Chinese investors focused their funds on hotels, office buildings, and residential land.
The United States proved the most popular location for Chinese investments, attracting more than $14.3 billion in 2016. Beyond this, investments were heavily focused in Hong Kong, Malaysia, Australia, and the United Kingdom.
Much of the investments came from major Chinese firms, such as Anbang and China Life. Anbang took part in 2016’s highest Chinese overseas investment when it purchased Strategic Hotels and Resorts for $6.5 billion.