China's investment in commercial property offshore is on track to hit a fresh record in 2013, with investors most active in Europe, the U.S., Australia and Singapore, according to an industry report.
Outbound real estate investment exceeded $5 billion as of the third quarter, already surpassing the previous record of $4 billion in 2012, real estate services firm Jones Lang La Salle said in a report on Thursday.
This year, several mainland companies have made headlines with their purchases of landmark buildings in world class cities including New York and London, a reflection of China's growing appetite for prime real estate overseas.
(Read more: Asia's commercial property deals set for record year)
In October, for example, China's largest private conglomerate Fosun snapped up a 60-story skyscraper, One Chase Manhattan Plaza, located in New York's financial district from JPMorgan Chase for $725 million.
"So far, Chinese outbound investment has mainly focused on the world's global cities and gateway markets such as Ping An in London, Greenland in New York and Bright Ruby in Singapore," said Darren Xia, director, International Capital Group, Jones Lang LaSalle China.