Press release
Chinese buyers set to boost US property spend, says Feltrim Group
Chinese investors are the number one buyers of US real estate by volume and spend, according to the National Association of Realtors.Chinese buyers spent $28.6billion on US residential property up until March 2015, more than any other overseas nation, according to the Profile of International Home Buying Activity. With 16% of volume, they overtook Canadians in topping the sales total, the survey shows.
A recent study from the Asia Society and Rosen Consulting Group, suggested that Chinese investors were set to embark on a big US shopping spree for real estate, CNBC reported (http://www.cnbc.com/2016/05/17/chinese-investors-may-be-going-on-a-big-us-shopping-spree.html).
Leading Central Florida real estate agent and developer, Feltrim Group, reiterates the findings, with around half its foreign property sales coming from the Chinese.
That includes current sales of Feltrim’s newest development, the luxury lakeside project, Balmoral at Waters Edge, around 20-minutes South of WaltDisneyWorld, Orlando.
Company Chief Executive Officer, Garrett Kenny, is currently in China attending the 2016 AREAA China North America Real Estate Summit real estate summit in Xi’an, Chengdu, Changzhu.
The event, held from 15-25 June is jointly hosted by the Asian Real Estate Association of America (AREAA) and China Real Estate Association (CREA). The trip features so-called 'second tier cities', although such cities in China are in most cases bigger than those in Europe.
Garrett Kenny says, “The summit is important as it provides the opportunity to meet with business leaders and government officials about how to expand economic opportunities in these regions and, of course, how to maximise real estate investment in the United States.
“Chengdu, around two hours from Singapore is a dynamic city two hours outside Shanghai that is the innovation center for green building developments and fits in perfectly with the conference theme highlighting the cities that are reshaping the Chinese economy and creating significant new wealth and business opportunities for real estate professionals.
“We have seen strong interest here by Chinese property buyers in Feltrim’s Central Florida investment opportunities for those looking for capital growth, buy-to-let rental options and holiday homes at Balmoral at Waters Edge, to take advantage of Orlando’s rapidly growing tourism industry.”
Balmoral at Waters Edge is a resort-style development that features a host of top-class leisure facilities, including a pool with luxury clubhouse, waterpark, lakeside beach, gym and spa, gourmet kitchen, restaurant and more.
The beautiful garden-themed community includes luxury three to five-bedroomed houses within a 113-acre private gated community featuring natural and man-made lakes and impeccably landscaped gardens and park.
Feltrim Group began almost 20 years ago with CEO Garrett Kenny's vision of operating a world class, internationally connected real estate firm.
The group is headquartered in the heart of Florida in the city of Davenport and now brings together construction, real estate, management and immigration services for international and local buyers as well as investors.
Feltrim Group constantly strives to embrace new technologies, social media and traditional and non-traditional advertising platforms. Feltrim has evolved with the times and now has a multinational approach to Florida real estate and US-wide immigration services.
For more details, see www.feltrimgroup.com
Feltrim Group
116 Polo Park East Blvd
Davenport, FL 33897
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Chinese buyers set to boost US property spend, says Feltrim Group here
News-ID: 345514 • Views: …
More Releases from Feltrim Group
Tasty savings at Visit Orlando's Magical Dining Month
To get a taste of Central Florida, you not only have to visit the area’s world-class theme parks, sample its superb shops and enjoy its unrivalled arts and entertainment – you also need to try its top-class restaurants.
And now is the perfect chance, with Visit Orlando's Magical Dining Month, where guests in 90 participating restaurants around the region can save an average of one-third of the price of a meal.
From…
Why LEGOLAND Florida offers great value for visitors
Florida’s LEGOLAND is gaining a reputation for providing great value for money for visitors.
The popular 150-acre theme park, at Winter Haven, is offering a Kids Go Free deal to Florida residents.
The promotion is open until 31 July with the purchase of an adult ticket at http://www.legoland.com/kidsgofreefl.
Tickets are valid for visits up until 5 September. Up to three free children’s tickets can be redeemed per transaction. Florida residency is…
Florida is top target for foreign US property buyers
Foreign buyers bought more United States property in 2015/16 – and their top target was Florida, new data shows.
Buyers purchased 214,885 residential properties across the US in the year to March 2016, up 2.8% on the year before, according to the latest data from the National Association of Realtors.
Florida accounted for more than one in five (22%) of all sales to foreign nationals, states the 2016 Profile of Home Buying…
Orlando has world’s top four theme parks, says TripAdvisor
The world’s top four theme parks are all in Orlando, Florida, according to the top travel review website, TripAdvisor.
Leading the way for the second year in the row in being named the number one amusement park in the United States and the world is Universal's Islands of Adventure, according to the TripAdvisor Travelers' Choice Awards.
Next comes the Discovery Cove swim with dolphins attraction, followed by the Magic Kingdom and Universal…
More Releases for Chinese
Gao Yuan at UN Chinese Language Day: Bridging Cultures Through Traditional Chine …
On April 20, 2025, CCTV host Gao Yuan participated in the UN Chinese Language Day celebrations at the United Nations Headquarters in New York, showcasing the profound heritage and innovative vitality of traditional Chinese arts to a global audience.
Image: https://www.globalnewslines.com/uploads/2025/04/556563a6bf5cb3de8982c8ef94cb6380.jpg
During the thematic forum "Civilizational Dialogue and Artistic Symbiosis," Gao Yuan moderated a cultural salon titled "Digital Technology Empowers Traditional Arts." She highlighted China's recent efforts to reinterpret calligraphy and ink…
The TV program "Chinese Practice with Chinese Wisdom" Officially Airs: The Endur …
Chinese Practice with Chinese Wisdom is a 10-episode TV program produced by Jiangsu Broadcasting Corporation, one of the most influential media groups in China. It gives a vivid presentation of traditional Chinese cultural elements such as poetry, calligraphy, seal-cutting, traditional Chinese operas, dance, and martial arts, aiming to enrich audiences with cultural enlightenment and aesthetic enjoyment. Through questions, disucssions, elaborations, feelings, and stories shared by guests from around the world,…
Chinese Fenjiu Shines at SCWC Conference, Bridging Chinese Liquor and Western Cu …
Fenjiu Debuts at the International Stage, Blending Tradition, Innovation, and Cultural Fusion, while Captivating Global Food and Beverage Experts.
Barcelona, Spain - November 22, 2024 - Fenjiu, a premier Chinese liquor brand, made a landmark appearance at the Science and Cooking World Congress (SCWC) in Barcelona, Spain. Renowned for its light-fragrance style and rich cultural heritage, Fenjiu captivated global food and beverage professionals as it showcased its unique blend of tradition,…
Online Chinese Language School
Taiwan Chinese Education Center is an online Chinese language school.
You can learn Chinese one-on-one from the best Chinese teachers in Taiwan.
We opened our school in Japan in 2010 and have over 12 years of rich experience in online Mandarin teaching.
In November 2022, we started Mandarin education service for people in Europe, America, and other countries.
Chinese is the world's No. 1 native language, spoken by about 15% of the world's population.
About…
Chinese Investors Look Abroad
Beijing, China July 30, 2012 – An Outbound Investment Seminar hosted by Chance & Bridge Partners drew a large audience of investors, Chinese SMEs, and international partner law firms.
Many Chinese investors and companies are looking to diversify their holdings and enter new markets. This has led to an increase in cross-border investment, banking, consulting, and legal services for the Chinese clients. Many of these areas were addressed during the…
Introducing A New Chinese Reader to Enable Chinese Language Students to Master C …
Capturing Chinese presents a new advanced Chinese reader helping students master the literature of China's best authors. Allowing students to put down their dictionaries and instead curl up with a book of Chinese literature, Capturing Chinese is a must have for intermediate and advanced Chinese language students.
The new book, titled Capturing Chinese Stories: Prose and Poems by Revolutionary Authors, features five of the most influential authors in recent Chinese history…
