Chinese investors can now use Auction.com to buy real estate

From left: Auction.com CEO Jeffrey Frieden and Juwai.com CEO Simon Henry

Auction.com plans to market U.S. real estate to Chinese buyers.

Shanghai-based Juwai.com, an international property website, has formed a venture that will open up American assets — apartments, hotels, retail spaces and office buildings — to Chinese speakers in mainland China, Bloomberg reported. U.S. homes could also be added. (more…)