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Olivia Chen

Country Garden 700 Ryde

Country Garden Buys 2nd Sydney Site for $35 Mil

2016/08/23 by Olivia Chen Leave a Comment

Chinese residential developer Country Garden has acquired a second residential site in Sydney after a three-year hiatus.

After several false starts, and a change of general manager in its Australian operations, the company has now secured a site amalgamated from 10… Read More>>

Greenland Lucent Sydney

Greenland Predicts No Problems for Chinese Buyers in Sydney Despite Default Worries

2016/08/11 by Olivia Chen Leave a Comment

Chinese developer Greenland has commenced settlements of their first completed apartment project in Australia, the 211-unit Lucent in North Sydney, amid concerns Chinese apartment buyers would start defaulting on payments.

Informal controls on outbound capital in China… Read More>>

Samsung building Sydney

China’s Aqualand Buys 9th Sydney Site for $105M

2016/07/29 by Olivia Chen Leave a Comment

Transplanted Chinese developer Aqualand picked up its ninth project in Sydney, and its second this month, with the purchase last week of an office building in the city’s Milsons Point area from Australian real estate investment company Barana Group… Read More>>

Central Barangaroo

China’s Aqualand Said to Win Bid for Sydney’s $1.5B Central Barangaroo Project

2016/07/21 by Olivia Chen Leave a Comment

Residential developer Aqualand, the Australian subsidiary of Shanghai-based property group, Shenglong with Australian builder Grocon and shopping centre giant Scentre could soon win a bid to develop a A$2 billion (US$1.5 billion) mixed-use project in the centre of Sydney, according to… Read More>>

lin-yi-shenglong

Transplanted Chinese Developer Aqualand Buys Sydney Site for $41M

2016/07/17 by Olivia Chen Leave a Comment

Rapidly expanding property developer Aqualand, backed by its mainland China-based parent Shanghai Shenglong Investment, has acquired a 13,215 sqm office and warehouse facility in Sydney’s Macquarie Business Park in the north of the city for A$54 million (US$41 million), as the… Read More>>

Greenland Sydney contamination

Greenland Runs Afoul of the Law Over Contaminated Sydney Site

2016/07/13 by Olivia Chen 1 Comment

An apartment block being built by Greenland Group in Sydney has hit a speedbump after the the New South Wales Environment Protection Authority ordered the Shanghai-based developer to clean up the contaminated development site before pursuing the… Read More>>

Michael Purefoy Baron Li

Wanda’s Gold Coast Jewel Losing Lustre After Year of Slow Sales

2016/07/12 by Olivia Chen 1 Comment

China’s Dalian Wanda Group’s 512-apartment Jewel project on Australia’s Gold Coast may be losing its shine after the company revealed that only 25 percent of apartments in the luxury condo complex have sold since the joint venture with fellow Chinese… Read More>>

Coca-Cola Circular Quay

Beijing Macrolink Buys Sydney’s Coca-Cola Building for A$158.5M

2016/06/22 by Olivia Chen Leave a Comment

Chinese conglomerate Macrolink Group has finalised its purchase of the iconic Coca-Cola office building at Circular Quay in Sydney for A$158.8 million ($119 million).

The Beijing-based group which started as a timber and wood import and export company in 1990… Read More>>

andrew-zhou Ping An

Ping An Strikes 2nd Sydney JV with Australia’s Mirvac Group

2016/06/06 by Olivia Chen Leave a Comment

Ping An Insurance Group, one of China’s five largest insurers, has struck a second residential development joint venture with leading public-listed Australian real estate group, Mirvac, five months after their first joint venture agreement.

In the new deal, Ping An Real Estate,… Read More>>

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