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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>>>

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>>>

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