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warcraft china

Legendary Losses Slowing Down Wang’s Dream of a Cinema Empire

warcraft china

2016/08/09 by Bruce Haring Leave a Comment

Chinese billionaire Wang Jianlin has big plans for building a movie business empire, but that golden future looks a bit further off after the tycoon’s Dalian Wanda Group announced an indefinite delay in the incorporating Legendary Picture into its mainland-listed… Read More>>

Chinese billionaire Wang Jianlin has big plans for building a movie business empire, but that golden future looks a bit … Read more>>>

Salesforce Tower New York

HKMA Buys Stake in NYC’s Salesforce Tower from Ivanhoe for $1.2B

Salesforce Tower New York

2016/08/08 by Michael Cole Leave a Comment

Hong Kong Monetary Authority, the city’s de facto central bank, has become the latest Asian investor to jump into the New York market after investing $1.15 billion to acquire a 49 percent stake in an office tower in at 1095… Read More>>

Hong Kong Monetary Authority, the city’s de facto central bank, has become the latest Asian investor to jump into the … Read more>>>

Wu Xiaohui

Anbang Back in Hotel Hunt with $7B Bid for IHG

Wu Xiaohui

2016/08/08 by Michael Cole Leave a Comment

China’s Anbang Insurance has apparently rekindled its passion for hotels with the mainland financial upstart reportedly preparing a $7 billion bid for the FTSE-listed Intercontinental Hotels Group.

Anbang, which became famous for its $1.95 billion acquisition of New York’s Waldorf… Read More>>

China’s Anbang Insurance has apparently rekindled its passion for hotels with the mainland financial upstart reportedly … Read more>>>

Gary Barnett Extell

Shanghai Tower Developer Said to Invest in $2.98B NYC Project

Gary Barnett Extell

2016/08/07 by Michael Cole Leave a Comment

Shanghai Municipal Investment (SMI), the developer of the 128-storey Shanghai Tower, is said to be partnering with New York’s Extell Development on a $2.98 billion project in Manhattan.

Documents filed in Delaware, and reported by The Real Deal, indicate that… Read More>>

Shanghai Municipal Investment (SMI), the developer of the 128-storey Shanghai Tower, is said to be partnering with New … Read more>>>

gerald-hines

Hines May Add 475 Homes to Boston Project After Gemdale JV

gerald-hines

2016/08/03 by Michael Cole Leave a Comment

Leading US developer Hines teamed up with China’s Gemdale Properties & Investment in May to help kickstart a Boston project that has been in the works since 1990.

Now, just over three months later, the transpacific partners have submitted revised… Read More>>

Leading US developer Hines teamed up with China’s Gemdale Properties & Investment in May to help kickstart a Boston … Read more>>>

Xinyuan RKO Theatre Project

China’s Xinyuan Buys NYC Theatre for $66M in Latest US Condo Project

Xinyuan RKO Theatre Project

2016/08/03 by Michael Cole Leave a Comment

NYSE-listed Xinyuan Real Estate has purchased a theatre in Queens, New York from JK Equities LLC for $66 million, as the mainland Chinese developer prepares to build its third condo project in New York City.

Xinyuan, which in 2012 was… Read More>>

NYSE-listed Xinyuan Real Estate has purchased a theatre in Queens, New York from JK Equities LLC for $66 million, as the … Read more>>>

Public Chicago Hotel

Gaw Capital Buys Chicago Hotel for $60M

Public Chicago Hotel

2016/08/01 by Michael Cole Leave a Comment

Hong Kong-based Gaw Capital has made its latest purchase of a US property asset after the cross-border real estate private equity specialist last week acquired a 285-room Chicago boutique hotel, together with a partner for $60 million.

A US subsidiary… Read More>>

Hong Kong-based Gaw Capital has made its latest purchase of a US property asset after the cross-border real estate … Read more>>>

Samsung building Sydney

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

Samsung building Sydney

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>>

Transplanted Chinese developer Aqualand picked up its ninth project in Sydney, and its second this month, with the … Read more>>>

Julia Lau Vancouver real estate

Canada Slaps Tax of Up to 20% on Foreigners Buying Vancouver Homes

Julia Lau Vancouver real estate

2016/07/27 by Andrew Esqueda Leave a Comment

Canadian authorities have slapped a tax of up to 20 percent on overseas buyers purchasing homes in Greater Vancouver. The move by the British Columbia authorities comes amidst growing public outcry over runaway housing prices perceived to be fuelled largely… Read More>>

Canadian authorities have slapped a tax of up to 20 percent on overseas buyers purchasing homes in Greater Vancouver. … Read more>>>

Ding Xuedong

China’s CIC to Look for More Real Estate Deals After Losing Money in 2015

Ding Xuedong

2016/07/27 by Cheyenne Hollis Leave a Comment

China Investment Corporation (CIC) recorded a loss on overseas investment in 2015, the sovereign wealth fund’s first negative net annual return since 2011. The fund entrusted with investing China’s foreign reserves now has $813 billion in total assets including a… Read More>>

China Investment Corporation (CIC) recorded a loss on overseas investment in 2015, the sovereign wealth fund’s first … Read more>>>

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