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Rendering of Nine Elms Square The UK was the second-largest destination for outflows from China, although also the location of the quarter’s biggest deal in the Nine Elms Square development site.

HONG KONG—Reports that Chinese outbound investment in commercial property has declined recently aren’t merely anecdotal. Cushman & Wakefield said Tuesday that outflows from the mainland had fallen 51% year-over-year to US$2.5 billion in the third quarter, the lowest total in 14 quarters.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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