Here’s a clear summary and insight from the data you shared:

Foreign Investment in China’s Real Estate Sector

Peak Before Pandemic: Foreign investment in China’s commercial real estate sector reached its highest levels before the COVID-19 pandemic (2019–2020).

Cross-Border Deals: The total value of cross-border deals, including offices, industrial properties, data centers, retail, hotels, apartments, and senior housing, was around $20 billion at its peak.

Trend Over Time:

2010–2014: Gradual increase in foreign investment.

2014–2018: Steady growth, with cross-border deals rising consistently.

2018–2020: Reached peak investment (~$20B).

Post-2020: Sharp decline following pandemic-related restrictions and market uncertainty.

Property Types Included: Offices, industrial, data centers, retail, hotels, apartments, and senior living properties.

Source: MSCI Real Capital Analytics

📊 Insight:

Foreign investors were heavily bullish on China’s commercial real estate prior to the pandemic. Since then, the sector has seen decreased cross-border activity, reflecting broader economic uncertainties, regulatory shifts, and changing risk appetite.

If you want, I can also visualize this as a chart so the trend from 2010–2024 is easy to see at a glance. Do you want me to do that?