Property portal Juwai.com said cross-border buyers, mostly from Asia, purchased 500,000 homes in the G7 countries last year, worth an aggregate value of US$250 billion, reports the New Straits Times (20 May 2020). Juwai IQI executive chairman Georg Chmiel said the coronavirus pandemic has given added motivation to cross-border buyers from Asia. Based on this cross-border buying trend, Juwai.com has launched Juwai.asia, the first global portal for non-China Asian consumers who want to purchase real estate around the world.
