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One57

Are Chinese Buyers Bringing Down NYC’s Billionaire’s Row?

One57

2016/05/16 by Bruce Haring Leave a Comment

Hard times have been hitting New York’s “Billionaire’s Row” – aka 57th Street from Park Avenue to Columbus Circle in Manhattan, with sales at luxury condo projects along the exclusive strip of Manhattan real estate disappointing in 2016, after years… Read More>>

Hard times have been hitting New York's "Billionaire's Row" – aka 57th Street from Park Avenue to Columbus Circle in … Read more>>>

Steve Witkoff Shanghai

Is Witkoff Telling Shanghai’s Greenland Group to Prepare for a Storm in NYC?

Steve Witkoff Shanghai

2016/05/15 by Bruce Haring 1 Comment

China’s Greenland Group may come to regret investing in the renovation of New York City’s Park Lane Hotel. At least, that’s a parsing of statements from its main partner on the project, who recently reiterated his conviction that sales are … Read More>>

China’s Greenland Group may come to regret investing in the renovation of New York City’s Park Lane Hotel. At least, … Read more>>>

ronda-rousey-tb

China’s Wanda Said Bidding Against Blackstone to Acquire UFC for $4B

ronda-rousey-tb

2016/05/11 by Michael Cole Leave a Comment

Chinese billionaire Wang Jianlin is locked in a takeover battle that involves some real life elbow strikes and spinning back kicks as China’s richest man is reportedly bidding against US alternative investment giant the Blackstone Group, and two other companies… Read More>>

Chinese billionaire Wang Jianlin is locked in a takeover battle that involves some real life elbow strikes and spinning … Read more>>>

Wu Xiaohui Anbang

Chinese Govt Investigating Anbang Following Failed $14B Starwood Bid

Wu Xiaohui Anbang

2016/05/10 by Guo Chen Leave a Comment

Anbang Insurance’s abrupt and unexplained withdrawal from a $14 billion bid for Starwood Hotels and Resorts last month came as a surprise for many observers who had tracked the sudden rise of the privately held mainland firm.

Now the China… Read More>>

Anbang Insurance’s abrupt and unexplained withdrawal from a $14 billion bid for Starwood Hotels and Resorts last month … Read more>>>

Hampton Inn Wall Street

China’s Cindat Invests $571M in NY Hotel JV With Hersha Hospitality Trust

Hampton Inn Wall Street

2016/05/04 by Michael Cole Leave a Comment

Cindat Capital Management, the private equity affiliate of one of China’s big four “bad banks” closed on a $571 million hotel joint venture this week that gives the Chinese investment firm a majority stake in seven Manhattan hotels.

NYSE-listed REIT… Read More>>

Cindat Capital Management, the private equity affiliate of one of China’s big four “bad banks” closed on a $571 million … Read more>>>

Chinese beach tourists

$8.3B in Chinese Tourist Spending Boosts Australia’s Gold Coast

Chinese beach tourists

2016/05/03 by Guo Chen Leave a Comment

Australia is losing an important source of export revenue as its mining boom has waned in the face of China’s economic slowdown. Now, in an effort to spur growth, the country is turning its attention to deep-pocketed Chinese tourists looking… Read More>>

Australia is losing an important source of export revenue as its mining boom has waned in the face of China’s economic … Read more>>>

Park Lane Hotel

China’s Greenland Group Goes Cashless in Latest NYC Deal

Park Lane Hotel

2016/05/03 by Michael Cole Leave a Comment

One of China’s biggest cross-border real estate investors picked up a 41 percent stake in a residential project to renovate New York’s Park Lane Hotel last week, adding to a portfolio that now covers London, Toronto, Los Angeles, Sydney and… Read More>>

One of China’s biggest cross-border real estate investors picked up a 41 percent stake in a residential project to … Read more>>>

Julia Lau Vancouver real estate

How Chinese Crowdfunders Flipped Rundown Vancouver Apartments for $54M in 7,200 Seconds

Julia Lau Vancouver real estate

2016/04/30 by Matt Sheehan Leave a Comment

An unlicensed realtor wheeling and dealing through Facebook. A stampede of investors frantically buying up dubious assets. And a city’s property markets pushed to the breaking point by a flood of Chinese buyers. All of these elements sound like a… Read More>>

An unlicensed realtor wheeling and dealing through Facebook. A stampede of investors frantically buying up dubious … Read more>>>

Dahua Bardia Sydney

Chinese Developer Starts A$1Bil Project as Sydney Market Softens

Dahua Bardia Sydney

2016/04/30 by Rupert Orchard Leave a Comment

China’s Dahua Group has revealed plans for an A$1 billion ($761 billion) master-planned estate in Sydney’s southwest suburb of Bardia, the second project in this area of the city for the top 50 mainland developer which has created a second… Read More>>

China's Dahua Group has revealed plans for an A$1 billion ($761 billion) master-planned estate in Sydney's southwest … Read more>>>

61 Broadway NYC

China Orient Asset Management Buys Stake in NY’s 61 Broadway for $216M

61 Broadway NYC

2016/04/24 by Michael Cole Leave a Comment

One of China’s state-backed “bad asset banks” paid $216 million last week for a 49 percent stake in a historic New York skyscraper, as Chinese investors continue to acquire New York properties.

China Orient Asset Management (International), a Hong Kong-based… Read More>>

One of China’s state-backed “bad asset banks” paid $216 million last week for a 49 percent stake in a historic New York … Read more>>>

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