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China Says Wanda’s Cross-Border Entertainment Deals Violate Capital Controls

2017/07/17 by Greg Isaacson Leave a Comment

Dalian Wanda Group was once the standard-bearer for Chinese companies investing overseas as the mall builder headed by Wang Jianlin bought up everything from trophy buildings to cinema chains in a global expansion drive. But that shopping spree appears to… Read More>>

Dalian Wanda Group was once the standard-bearer for Chinese companies investing overseas as the mall builder headed by … Read more>>>

Ding Xuedong

Real Estate Investments Help CIC Jump to 6.2% Return in 2016

Ding Xuedong

2017/07/12 by Greg Isaacson Leave a Comment

Sovereign wealth fund China Investment Corporation (CIC) returned to profitability in 2016 after a dismal showing the previous year, as the mainland’s leading investor in overseas real estate ramps up its exposure to property and other alternative assets. The world’s… Read More>>

Sovereign wealth fund China Investment Corporation (CIC) returned to profitability in 2016 after a dismal showing the … Read more>>>

Yang Guoqiang Country Garden

Country Garden Picks Up Suburban Melbourne Site for $304M

Yang Guoqiang Country Garden

2017/07/11 by Greg Isaacson Leave a Comment

China’s Country Garden has scooped up a residential site in a suburb of Melbourne for A$400 million ($303.6 million), where it could build more than 4,000 houses.

Should the deal by the top five mainland developer win approval from Australia’s… Read More>>

China's Country Garden has scooped up a residential site in a suburb of Melbourne for A$400 million ($303.6 million), … Read more>>>

zhao lijun

CIC, China Life Join TIAA in $1.1B US Parking Deal

zhao lijun

2017/07/03 by Greg Isaacson Leave a Comment

China’s sovereign wealth fund and its largest insurer are backing a consortium of investors to buy the biggest parking operator in North America in a deal estimated to top $1 billion, the companies revealed last week.

A unit of China… Read More>>

China's sovereign wealth fund and its largest insurer are backing a consortium of investors to buy the biggest parking … Read more>>>

Wu Xiaohui

Anbang Fights Default Accusations on $1B Korean Insurance Deal

Wu Xiaohui

2017/06/29 by Greg Isaacson Leave a Comment

Uncertainty is mounting for Anbang Insurance, the troubled Chinese acquisition giant whose chairman was detained by authorities barely two weeks ago, as the company battles a lawsuit over a missed payment for Tong Yang Life Insurance, the Korean insurer it… Read More>>

Uncertainty is mounting for Anbang Insurance, the troubled Chinese acquisition giant whose chairman was detained by … Read more>>>

Singapore’s CDL Goes Deutsch with $112M Munich Hotel Buy

2017/06/28 by Greg Isaacson Leave a Comment

A trust affiliated with City Developments Limited (CDL), the Singaporean property heavyweight, is taking its first piece of continental Europe’s real estate market by buying the Pullman Hotel Munich for €98.9 million (about $112.3 million), the company announced this week.

… Read More>>

A trust affiliated with City Developments Limited (CDL), the Singaporean property heavyweight, is taking its first piece … Read more>>>

HNA Boss Launches Hong Kong Charm Offensive After Record Kai Tak Deals

2017/06/27 by Greg Isaacson Leave a Comment

HNA may have shattered price records when it scooped up a series of residential sites in Kai Tak in recent months, but the mainland conglomerate says it’s all part of an effort to tame the city’s skyrocketing housing costs.

The… Read More>>

HNA may have shattered price records when it scooped up a series of residential sites in Kai Tak in recent months, but … Read more>>>

Dalian Wanda Wang Jianlin

Wanda Agrees to Buy London Site for $595M Despite Credit Crackdown

Dalian Wanda Wang Jianlin

2017/06/26 by Greg Isaacson 2 Comments

China’s banking regulator may have ordered a review of Dalian Wanda’s borrowing practices, and the mainland has instituted controls on cash outflows since late last year, but that hasn’t stopped China’s richest man from agreeing to spend £470 million ($595… Read More>>

China's banking regulator may have ordered a review of Dalian Wanda's borrowing practices, and the mainland has … Read more>>>

lu zhiqiang Oceanwide

Oceanwide Buys Historic SF Building as Add-On to $1.6B First & Mission Project

lu zhiqiang Oceanwide

2017/06/20 by Greg Isaacson Leave a Comment

China Oceanwide, which is building the second-tallest skyscraper in San Francisco, has recently added to its landmark project by scooping up an adjacent retail property for $32.5 million. As reported in The Registry, the Beijing-based developer plans to renovate the… Read More>>

China Oceanwide, which is building the second-tallest skyscraper in San Francisco, has recently added to its landmark … Read more>>>

Xie Yonglin Ping An Bank

China’s Richest Man Gets a $700M Assist From Ping An for Chicago Skyscraper

Xie Yonglin Ping An Bank

2017/06/19 by Greg Isaacson Leave a Comment

China’s real estate developers have left home for Australia, Europe and the US, but that doesn’t mean that they’ve left their funding partners behind.

Chinese financial institutions are taking a growing slice of the real estate lending market in the… Read More>>

China's real estate developers have left home for Australia, Europe and the US, but that doesn't mean that they've left … Read more>>>

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