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baccarat hotel lobby

Chinese Insurer Pays Record $2M Per Room for NY Hotel

baccarat hotel lobby

2015/02/09 by Michael Cole Leave a Comment

China’s insurance companies continued their global shopping spree this week when Sunshine Insurance agreed to buy the still unopened Baccarat Hotel in New York for more than $230 million.

According to sources familiar with the transaction, Sunshine is paying the… Read More>>

China's insurance companies continued their global shopping spree this week when Sunshine Insurance agreed to buy the … Read more>>>

10 Upper Bank Street

Chinese Spent $3.32B on London Property in 2014 Says Savills

10 Upper Bank Street

2015/01/31 by Michael Cole Leave a Comment

Chinese buyers are now the second biggest foreign investors in London’s booming property market, having spent £2.2 billion ($3.32 billion) on real estate in the UK’s capital last year.

In a report published this week, UK-based property consultancy Savills found… Read More>>

Chinese buyers are now the second biggest foreign investors in London's booming property market, having spent £2.2 … Read more>>>

Fosun Sydney

Fosun Acquires Sydney Office Building for $93M as Chinese Catch Oz Fever

Fosun Sydney

2015/01/27 by Michael Cole Leave a Comment

Fosun Property, the real estate arm of China’s largest privately held investment conglomerate announced today that it had acquired an office block in Sydney, Australia for A$116.5 million ($93 million).

The Shanghai-based property investment company will add 73 Miller Street… Read More>>

Fosun Property, the real estate arm of China's largest privately held investment conglomerate announced today that it … Read more>>>

Darren Xia JLL

Most Chinese Commercial Property Investment No Longer in China as Outbound Deals Jump 46%

Darren Xia JLL

2015/01/27 by Michael Cole Leave a Comment

Chinese investments in overseas real estate increased by 46 percent to a record $16.5 billion in 2014, as China’s slumping property market combined with regulatory reforms to send its investors across borders in search of deals.

For the first time ever,… Read More>>

Chinese investments in overseas real estate increased by 46 percent to a record $16.5 billion in 2014, as China's … Read more>>>

Gold Fields House Wanda

Wanda Plans $1B Sydney Project After Acquiring Harbourside Site from Blackstone

Gold Fields House Wanda

2015/01/26 by Michael Cole 1 Comment

Dalian Wanda confirmed today that the Chinese property developer has acquired a pair of properties near Sydney harbour, as part of a plan to build a $1 billion mixed-use complex in the Australian city.

The Beijing-based real estate company bought… Read More>>

Dalian Wanda confirmed today that the Chinese property developer has acquired a pair of properties near Sydney harbour, … Read more>>>

First Mission twins

Oceanwide Buys 186K Sq Meter San Francisco Project for $296M

First Mission twins

2015/01/25 by Michael Cole Leave a Comment

China’s Oceanwide Holdings seems determined to make a big splash in the California real estate market after it was revealed this month that the Shenzhen-listed property developer acquired a two million square foot (186,000 square metre) mixed-use project in San… Read More>>

China's Oceanwide Holdings seems determined to make a big splash in the California real estate market after it was … Read more>>>

Tower Place London

Ping An Makes Second London Acquisition for $490M

Tower Place London

2015/01/24 by Michael Cole Leave a Comment

China’s Ping An Insurance has made its second acquisition of a major London real estate asset by acquiring Tower Place in the city’s insurance district for ₤327 million ($490 million) according to sources familiar with deal.

The purchase of the… Read More>>

China's Ping An Insurance has made its second acquisition of a major London real estate asset by acquiring Tower Place … Read more>>>

tebrau waterfront city

Greenland’s $666M Project to Bring Snow and Opera to Malaysian Seaside

tebrau waterfront city

2015/01/24 by Michael Cole Leave a Comment

Shanghai-based Greenland Group is planning a RM2.4 billion ($666 million) mixed-use development in Malaysia’s Johor state, adding to a wave of projects by Chinese real estate developers in the area bordering Singapore.

The state-owned property firm’s 128-acre (52 hectare) Tebrau Bay Waterfront… Read More>>

Shanghai-based Greenland Group is planning a RM2.4 billion ($666 million) mixed-use development in Malaysia's Johor … Read more>>>

100 Leadenhall

Hong Kong’s Lai Sun Closes on $162M London Acquisition

100 Leadenhall

2015/01/18 by Michael Cole Leave a Comment

Hong Kong-listed real estate company Lai Sun Development has closed on its acquisition of 100 Leadenhall Street, a 125,000 square foot (11,600 square metre) office building in the City of London, according to reports in the London media.

Lai Sun,… Read More>>

Hong Kong-listed real estate company Lai Sun Development has closed on its acquisition of 100 Leadenhall Street, a … Read more>>>

28 Liberty Fosun

Fosun Rebrands One Chase Manhattan Plaza as 28 Liberty

28 Liberty Fosun

2015/01/18 by Michael Cole Leave a Comment

Fosun Property Holdings, has announced that it has renamed its One Chase Manhattan Plaza as “28 Liberty,” as the real estate arm of one of China’s largest investment conglomerates steps up marketing for the landmark building it acquired in 2013.

… Read More>>

Fosun Property Holdings, has announced that it has renamed its One Chase Manhattan Plaza as “28 Liberty,” as the real … Read more>>>

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