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Central Barangaroo

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

Central Barangaroo

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>>

Residential developer Aqualand, the Australian subsidiary of Shanghai-based property group, Shenglong with Australian … Read more>>>

warcraft china

Wanda Offer for Paramount is Wang’s Latest Hollywood Adventure

warcraft china

2016/07/20 by Bruce Haring Leave a Comment

Continuing its surging interest in worldwide entertainment, Dalian Wanda Group is reportedly in talks to acquire 49 percent of Paramount Pictures, the only major American film studio still based in Hollywood.

The proposed studio deal follows just months after the… Read More>>

Continuing its surging interest in worldwide entertainment, Dalian Wanda Group is reportedly in talks to acquire 49 … Read more>>>

anbang sales

Did Anbang’s Failed Starwood Bid Lead to High-Yield Sales Windfall?

anbang sales

2016/07/18 by Michael Cole 1 Comment

China’s Anbang Insurance lost the $13.6 billion battle for Starwood Hotels and Resorts in April, but the prolonged campaign to acquire the global hotel group may have helped drive a sales surge that has transformed the 12-year-old privately held group… Read More>>

China’s Anbang Insurance lost the $13.6 billion battle for Starwood Hotels and Resorts in April, but the prolonged … Read more>>>

One Nine Elms Terrace

Ping An Bails Out Wanda’s London Project with $660m Loan

One Nine Elms Terrace

2016/07/17 by Michael Cole 1 Comment

A stalled $1 billion London project planned by China’s Dalian Wanda Group has received timely financing after the Chinese developer’s plans suffered recent setbacks including a plunge in local property sales and having the Anglo-Chinese joint venture selected to build… Read More>>

A stalled $1 billion London project planned by China’s Dalian Wanda Group has received timely financing after the … Read more>>>

lin-yi-shenglong

Transplanted Chinese Developer Aqualand Buys Sydney Site for $41M

lin-yi-shenglong

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>>

Rapidly expanding property developer Aqualand, backed by its mainland China-based parent Shanghai Shenglong Investment, … Read more>>>

Wanda Odeon

Wanda Announces $1.2B Deal to Spread Theatre Empire Over Four Continents

Wanda Odeon

2016/07/14 by Andrew Esqueda 1 Comment

Dalian Wanda-owned AMC Entertainment Holdings, the US theater chain acquired by the mainland property developer in 2012, announced on Tuesday that it will buy London-based Odeon & UCI Cinemas Group from a private equity firm for $1.2 billion.

Wanda’s latest cinema… Read More>>

Dalian Wanda-owned AMC Entertainment Holdings, the US theater chain acquired by the mainland property developer in 2012, … Read more>>>

440 Strand in London

Brexit Chaos Could Benefit US Real Estate Markets

440 Strand in London

2016/07/14 by Greg Isaacson Leave a Comment

Some of the world’s biggest property investors are already dumping London assets post-Brexit and the potential UK slump could bring a boon for US asset holders as cash-rich Chinese investors look for a new place to park their funds.

The… Read More>>

Some of the world’s biggest property investors are already dumping London assets post-Brexit and the potential UK slump … Read more>>>

Greenland Sydney contamination

Greenland Runs Afoul of the Law Over Contaminated Sydney Site

Greenland Sydney contamination

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>>

An apartment block being built by Greenland Group in Sydney has hit a speedbump after the the New South Wales … Read more>>>

Michael Purefoy Baron Li

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

Michael Purefoy Baron Li

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>>

China's Dalian Wanda Group's 512-apartment Jewel project on Australia's Gold Coast may be losing its shine after the … Read more>>>

Lawrence Yun NAR

Chinese The Biggest Foreign Buyers of US Homes for 4th Year in a Row

Lawrence Yun NAR

2016/07/10 by Andrew Esqueda 1 Comment

Chinese buyers purchased $27.3 billion in US residential property in the year to March, exceeding the value of the next four largest overseas investors combined in terms of dollar volume and making them the top cross-border buyer of American real… Read More>>

Chinese buyers purchased $27.3 billion in US residential property in the year to March, exceeding the value of the next … Read more>>>

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