Chinese buyers are among the top foreign property investors of prime residential real estate in Paris and account for nearly one out of six transactions, according to a report in the South China Morning Post (17 March 2020). Those who invested have been rewarded as prices in Paris increased faster than most other cities in Europe. However, the coronavirus outbreak could delay purchasing decisions this year. "The coronavirus aside, Paris is one of the top cities for cross-border buyers in 2020 due to several fundamentals. There is significant new infrastructure development with the Grand Paris Express, price growth is favourable," said Georg Chmiel, executive chairman of property portal Juwai IQI.
