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Dalian Wanda's $28.2 Mil Picasso

Dalian Wanda Grabs $28.2 Million Picasso Trophy

Dalian Wanda's $28.2 Mil Picasso

2013/11/11 by Michael Cole Leave a Comment

When is a painting an announcement?  When a Chinese real estate developer belonging to the country’s richest man pays more than double the estimated value for a Picasso, then the moment may have arrived.

Last week Dalian Wanda, the property… Read More>>

When is a painting an announcement?  When a Chinese real estate developer belonging to the country's richest man pays … Read more>>>

Merck headquarters New Jersey

Cushman Marketing 92k Sqm Merck NJ Headquarters to Chinese Investors

Merck headquarters New Jersey

2013/11/04 by Michael Cole Leave a Comment

New York-based real estate services firm Cushman & Wakefield announced today that it had been appointed to broker the sale of the corporate campus of pharmaceutical giant Merck, and that it is actively marketing the New Jersey asset to Chinese… Read More>>

New York-based real estate services firm Cushman & Wakefield announced today that it had been appointed to broker … Read more>>>

Chinese investors head overseas

Chinese Developers Following Home Buyers to US and Australia

Chinese investors head overseas

2013/10/28 by Michael Cole Leave a Comment

While developers such as Fosun and Greenland have grabbed the biggest headlines in recent weeks with their billion dollar ventures into US real estate projects, these corporate giants appear to be simply following their customers, rather than blazing a new… Read More>>

While developers such as Fosun and Greenland have grabbed the biggest headlines in recent weeks with their billion … Read more>>>

1 Chase Manhattan Plaza

Fosun Pays US$725 Mil for Chase Manhattan Building and the Big Buyer Trophy

1 Chase Manhattan Plaza

2013/10/21 by Michael Cole 1 Comment

Fosun International Ltd became the latest Chinese company to acquire a US trophy asset last week when it agreed to purchase 1 Chase Manhattan Plaza from JP Morgan Chase for US$725 million.

With the acquisition the closely held Shanghai firm… Read More>>

Fosun International Ltd became the latest Chinese company to acquire a US trophy asset last week when it agreed to … Read more>>>

Atlantic Yards in Brooklyn

Greenland Group to Acquire $4 Bil New York Project

Atlantic Yards in Brooklyn

2013/10/15 by Michael Cole 2 Comments

Start spreading the news, another of China’s real estate giants is determined to make it on the world’s biggest stage, as Greenland Group announced last week that it intends to buy a 70% stake in the Atlantic Yards project in… Read More>>

Start spreading the news, another of China’s real estate giants is determined to make it on the world’s biggest stage, … Read more>>>

Greenland Melbourne Site

Greenland Group Signs MOU for $1 Bil Melbourne Residential Project

Greenland Melbourne Site

2013/10/15 by Michael Cole Leave a Comment

Shanghai-based real estate developer Greenland Group kept itself busy over China’s National Day holiday, with the news getting out just two days after the break that it had signed a memorandum of understanding to purchase a pair of sites in… Read More>>

Shanghai-based real estate developer Greenland Group kept itself busy over China’s National Day holiday, with the news … Read more>>>

China’s Biggest Construction Firm to Acquire New Jersey Site for $68 Mil

2013/10/14 by Michael Cole Leave a Comment

China State Construction Engineering Corporation (CSCEC), the biggest builder in China and the third largest in the world has joined the rush of Chinese companies buying US real estate, and is apparently buying a $68 million site in New Jersey.

… Read More>>

China State Construction Engineering Corporation (CSCEC), the biggest builder in China and the third largest in the … Read more>>>

MGM Grand Las Vegas

4 US Investments for Dalian Wanda Owner Wang Jianlin

MGM Grand Las Vegas

2013/09/17 by Michael Cole Leave a Comment

Billionaire real estate developer Wang Jianlin dominated the headlines last week as he was named China’s richest man by Forbes, and announced his intention to invest US$5 billion per year outside of China for the next five years.

“Every year… Read More>>

Billionaire real estate developer Wang Jianlin dominated the headlines last week as he was named China’s richest man by … Read more>>>

wealthy Chinese home buyers

Chinese Buyers Expected to Boost Price of Sydney Homes by 10%

wealthy Chinese home buyers

2013/09/16 by Michael Cole Leave a Comment

Now that the Singapore and Hong Kong markets have been picked clean by Chinese investors, Asia’s new rich are moving into Australian homes, according to a recent report.

McGrath Estate Agents of Australia expects the price of housing in Sydney… Read More>>

Now that the Singapore and Hong Kong markets have been picked clean by Chinese investors, Asia's new rich are moving … Read more>>>

China Greenland Group

China’s Greenland Group Pursuing Melbourne Residential Site

China Greenland Group

2013/09/09 by Michael Cole Leave a Comment

Shanghai-based developer Greenland Group is apparently in talks to purchase a residential site in Melbourne, Australia which has the potential to yield as many as 2000 apartments for resale.

According to a report in the Australian, Greenland head Sherwood Luo… Read More>>

Shanghai-based developer Greenland Group is apparently in talks to purchase a residential site in Melbourne, Australia … Read more>>>

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