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>>>
Canada Slaps Tax of Up to 20% on Foreigners Buying Vancouver Homes
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>>>
China’s CIC to Look for More Real Estate Deals After Losing Money in 2015
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>>>
China’s Aqualand Said to Win Bid for Sydney’s $1.5B Central Barangaroo Project
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>>>
Wanda Offer for Paramount is Wang’s Latest Hollywood Adventure
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>>>
Did Anbang’s Failed Starwood Bid Lead to High-Yield Sales Windfall?
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>>>
Ping An Bails Out Wanda’s London Project with $660m Loan
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>>>
Transplanted Chinese Developer Aqualand Buys Sydney Site for $41M
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 Announces $1.2B Deal to Spread Theatre Empire Over Four Continents
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>>>
Brexit Chaos Could Benefit US Real Estate Markets
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>>>
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