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Yi Gang SAFE

New Rules Could Let Wealthy Chinese Invest Up to $2M Overseas

Yi Gang SAFE

2015/03/23 by Michael Cole Leave a Comment

Individual Chinese citizens could soon be allowed to invest as much as $1 million to $2 million overseas without regulatory approval, according to a statement by a deputy governor of the country’s central bank over the weekend.

The relaxation on… Read More>>

Individual Chinese citizens could soon be allowed to invest as much as $1 million to $2 million overseas without … Read more>>>

Potsdamer Platz in Berlin

Ping An and Fosun in Bidding War for $1.6B Berlin Complex

Potsdamer Platz in Berlin

2015/03/23 by Michael Cole Leave a Comment

Two of China’s biggest international real estate investors are said to be facing off in a contest to acquire an 18 building commercial strip in downtown Berlin that has been put on the market for 1.5 billion euros ($1.6 billion).

… Read More>>

Two of China's biggest international real estate investors are said to be facing off in a contest to acquire an 18 … Read more>>>

Peter Fankhauser Thomas Cook

Fosun Said Shortlisting 50 Hotels in Global Investment Drive

Peter Fankhauser Thomas Cook

2015/03/23 by Michael Cole Leave a Comment

Fosun Group has drawn up a shortlist of 50 hotels for acquisition globally as the Chinese investment house plans to invest more than $500 million on hospitality sector assets.

The Shanghai-based conglomerate’s plans for the tourism industry were revealed at… Read More>>

Fosun Group has drawn up a shortlist of 50 hotels for acquisition globally as the Chinese investment house plans to … Read more>>>

Country Garden Restarts Work on Scaled Back $121B Malaysian Project

2015/03/22 by Michael Cole 2 Comments

Chinese developer Country Garden is restarting work on a scaled back version of a residential real estate project in southern Malaysia’s Johor state after complaints from local citizens and the Singapore government.

Country Garden’s Forest City development was originally planned… Read More>>

Chinese developer Country Garden is restarting work on a scaled back version of a residential real estate project in … Read more>>>

Li Sze-Lim

Guangzhou R&F Acquires 4th US Project in 15th Overseas Deal

Li Sze-Lim

2015/03/14 by Michael Cole 1 Comment

Earlier this month Guangzhou R&F acquired its fourth project in California, and made its fifteenth overseas deal as the Guangdong-based player transforms itself into one of the most aggressive global investors among China’s real estate developers.

During the first week… Read More>>

Earlier this month Guangzhou R&F acquired its fourth project in California, and made its fifteenth overseas deal as … Read more>>>

Sherry Netherland co-op

Wealthy Chinese Bring High End Home Buying Orgy to NYC, BC and Fiji

Sherry Netherland co-op

2015/03/14 by Michael Cole Leave a Comment

Purchases of ultra-high end homes by cashed up Chinese buyers has continued during March, with wealthy buyers from the Middle Kingdom picking up private islands in Fiji and Canada, as well as paying $70 million for a Manhattan apartment and… Read More>>

Purchases of ultra-high end homes by cashed up Chinese buyers has continued during March, with wealthy buyers from the … Read more>>>

Grosvenor House London

Fosun Said to Be Seeking London’s $762M Grosvenor House Hotel

Grosvenor House London

2015/03/10 by Michael Cole 1 Comment

China’s Fosun International is said to be pursuing London’s Grosvenor House Hotel, as the investment conglomerate continues to expand its global real estate portfolio.

The five-star London landmark is currently on the market for a reported ₤500 million ($762 million)… Read More>>

China's Fosun International is said to be pursuing London's Grosvenor House Hotel, as the investment conglomerate … Read more>>>

Burlingame Point

Chinese Investor Buys $48M California Site to Build Asian Business Hub

Burlingame Point

2015/03/08 by Michael Cole Leave a Comment

A Chinese-backed investor has paid $47.7 million to acquire a site for a 71,000 square metre (767,000 square foot) business park in the Bay Area city of Burlingame, just south of San Francisco. The buyers of the Burlingame Point project… Read More>>

A Chinese-backed investor has paid $47.7 million to acquire a site for a 71,000 square metre (767,000 square foot) … Read more>>>

130 Elizabeth Street Sydney.

Aoyuan Property Buys Sydney Office Tower for $94.8M

130 Elizabeth Street Sydney.

2015/03/05 by Michael Cole Leave a Comment

Australia may be making noise about slowing down sales of homes to foreigners, but the government’s regulatory moves didn’t stop Aoyuan Property Group from becoming the latest Chinese developer to buy a project in Sydney.

The Guangzhou-based real estate firm… Read More>>

Australia may be making noise about slowing down sales of homes to foreigners, but the government's regulatory moves … Read more>>>

Joe Hockey FIRB

Evergrande Boss’ Sydney Mansion Caught in Aussie Crackdown

Joe Hockey FIRB

2015/03/04 by Michael Cole Leave a Comment

The billionaire owner of China’s Evergrande real estate bought one of the poshest homes in Sydney last year for A$39 million ($30.5 million). But now Xu Jiayin, who also owns Guangzhou Evergrande football club, has 90 days to sell off… Read More>>

The billionaire owner of China's Evergrande real estate bought one of the poshest homes in Sydney last year for A$39 … Read more>>>

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MTD TV

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