Sotheby’s signs deal with ‘Zillow of China’, as companies look for edge attracting foreign buyers” by Garry Marr, Financial Post.
Financial Post quotes Vancouver lawyer Edmond Luke in an article about Chinese investment in Canada’s real estate market.
Edmond Luke, a Vancouver-based partner at the law firm Fasken Martineau and the head of the firm’s China practice, said for at least two or three years developers have been actively courting Chinese consumers in the country or marketing their websites in Chinese. “They’ve doing road shows for a while,” said Luke, adding that it works for pre-sales of condominiums, but that many Chinese consumers are making real estate purchases on mini-vacations in Canada, which are partially set up to consider investments.
