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The Squaire Frankfurt

Chinese Insurers Bid $1.3B for European Real Estate as Deal Wave Continues

The Squaire Frankfurt

2014/12/10 by Michael Cole Leave a Comment

Following close on the heels of Bank of China’s agreement last week to buy a New York tower for $600 million, two more major Chinese institutions are said to be bidding for overseas real estate assets, with the total value… Read More>>

Following close on the heels of Bank of China's agreement last week to buy a New York tower for $600 million, two more … Read more>>>

Chateau de Birot

Chinese Luxury Hotel Group Agrees to Buy Bordeaux Wine Estate

Chateau de Birot

2014/12/10 by Michael Cole Leave a Comment

A hotel company belonging to a Chinese billionaire has agreed to buy a 37-hectare French chateau and vineyard in the Bordeaux region as the country’s nouveau riche progress from drinking wine to buying whole estates.

According to a report on… Read More>>

A hotel company belonging to a Chinese billionaire has agreed to buy a 37-hectare French chateau and vineyard in the … Read more>>>

7 Bryant Park New York

Bank of China Buys 30-Storey New York Tower for Nearly $600M

7 Bryant Park New York

2014/12/09 by Michael Cole Leave a Comment

China’s hunger for real estate in global gateway cities was demonstrated again this week when word leaked that the Bank of China is purchasing a Manhattan office tower for a sum said to approach $600 million.

The big four Chinese… Read More>>

China's hunger for real estate in global gateway cities was demonstrated again this week when word leaked that the Bank … Read more>>>

Xu Jiayin Sydney

Australia Set to Restrict Foreign Home Sales Amid Chinese-Fuelled Boom

Xu Jiayin Sydney

2014/11/29 by Michael Cole 1 Comment

Following a year in which home prices in Sydney have risen 13 percent, and an estimated 18 percent of homes are being sold to Chinese, Australian lawmakers are recommending tighter controls on sales of real estate to overseas buyers.

… Read More>>

Following a year in which home prices in Sydney have risen 13 percent, and an estimated 18 percent of homes are being … Read more>>>

Chinese New Year Vancouver

Canada Reopens Its Doors to Wealthy Chinese with New Investor Visa Program

Chinese New Year Vancouver

2014/11/29 by Michael Cole 1 Comment

Wealthy Chinese seeking refuge from Beijing’s smog and Shanghai’s crowds will once again find a welcome in Canada as the North American nation is expected to soon introduce a new investor visa program.

The new program would offer Canadian residency… Read More>>

Wealthy Chinese seeking refuge from Beijing's smog and Shanghai's crowds will once again find a welcome in Canada as the … Read more>>>

Bank of China Sydney

Bank of China Expects to Double Aussie Mortgage Business in 2 Years

Bank of China Sydney

2014/11/25 by Michael Cole Leave a Comment

Following soon after China’s landmark free trade agreement with Australia and riding an investment wave that is estimated to have Chinese investors purchasing $39 billion in Aussie homes, one of China’s biggest banks expects to double the number of mortgages… Read More>>

Following soon after China's landmark free trade agreement with Australia and riding an investment wave that is … Read more>>>

Sheraton on the Park Sydney

China’s Sunshine Insurance Buys Sydney Sheraton Hotel for $401M

Sheraton on the Park Sydney

2014/11/24 by Michael Cole Leave a Comment

Hospitality group Starwood Hotels & Resorts Worldwide announced on Friday that it had sold its Sheraton on the Park in Sydney, Australia to China’s Sunshine Insurance Group Corporation for A$463 million (US$401 million).

The acquisition continues a number of major… Read More>>

Hospitality group Starwood Hotels & Resorts Worldwide announced on Friday that it had sold its Sheraton on the Park … Read more>>>

counting RMB

China Rationalising Outbound Capital Flows as Investors Head Overseas

counting RMB

2014/11/19 by Michael Cole Leave a Comment

One of the great mysteries of the boom in purchases of international real estate by Chinese investors has been how all of the cash for these purchases gets overseas from a country where capital accounts and foreign exchange are strictly… Read More>>

One of the great mysteries of the boom in purchases of international real estate by Chinese investors has been how all … Read more>>>

Shanghai FTZ

Shanghai FTZ to Allow Chinese Individuals to Invest Overseas

Shanghai FTZ

2014/11/17 by Michael Cole Leave a Comment

In a policy breakthrough, Shanghai’s party chief announced yesterday that the city’s free trade zone intends to enable Chinese citizens to directly invest overseas for the first time.

“One of our key objectives is allowing qualified individuals within the free… Read More>>

In a policy breakthrough, Shanghai's party chief announced yesterday that the city's free trade zone intends to enable … Read more>>>

Peace Hotel Shanghai

China’s Jin Jiang to Buy French Hotel Group for Over $1.49B

Peace Hotel Shanghai

2014/11/16 by Michael Cole 1 Comment

Chinese investors continued their harvest of international hotels last week when the Jin Jiang Group agreed to buy France’s Louvre hotel chain for a sum said to be in excess of $1.49 billion.

In the deal due to close in… Read More>>

Chinese investors continued their harvest of international hotels last week when the Jin Jiang Group agreed to buy … Read more>>>

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