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Athens Hellenikon airport

Fosun Moves Closer to Acquiring $1.26 Bil Greek Site

Athens Hellenikon airport

2014/03/27 by Michael Cole Leave a Comment

Chinese investment conglomerate Fosun International has apparently locked up a deal to acquire a 620-hectare seaside site in Athens for a Euros 915 million ($1.26 billion) real estate project.

According to a report by Reuters, Fosun, together with Greek partner… Read More>>

Chinese investment conglomerate Fosun International has apparently locked up a deal to acquire a 620-hectare seaside … Read more>>>

wealthy Chinese home buyers

Real Estate Agency to Let Chinese Buy Australian Homes with Bitcoin

wealthy Chinese home buyers

2014/03/27 by Michael Cole Leave a Comment

An Australian real estate agency is trying to attract Chinese home buyers by allowing them to make their down payments with the popular bitcoin virtual currency.

According to a story this week in The Australian, Forsyth Real Estate, a 115… Read More>>

An Australian real estate agency is trying to attract Chinese home buyers by allowing them to make their down payments … Read more>>>

Edificio Espana Madrid

Wang Jianlin Scoops Up Spanish Skyscraper for $358M

Edificio Espana Madrid

2014/03/24 by Michael Cole Leave a Comment

Dalian Wanda, the property group controlled by Chinese billionaire Wang Jianlin has acquired the historic Edificio Espana building in Madrid for €260 million (US$358.6 million) according to a leading Spanish politician.

The acquisition of the skyscraper, which was Europe’s tallest… Read More>>

Dalian Wanda, the property group controlled by Chinese billionaire Wang Jianlin has acquired the historic Edificio … Read more>>>

Terence Tang Colliers

Global Gateway Cities to See “Quantum Leap” in Chinese Real Estate Buys

Terence Tang Colliers

2014/03/23 by Michael Cole Leave a Comment

Asia’s real estate investors are entering a new phase which will see a major surge of acquisitions by Chinese firms in a broader range of locations, according to a report released recently by property consultancy Colliers International.

“Chinese outbound property… Read More>>

Asia's real estate investors are entering a new phase which will see a major surge of acquisitions by Chinese firms in a … Read more>>>

311 S Wacker Drive Chicago

China’s Bad Bank Leads $304M Chicago Office Tower Investment

311 S Wacker Drive Chicago

2014/03/17 by Michael Cole Leave a Comment

A new player may be emerging in China’s overseas investment surge as an investment vehicle majority invested by China Cinda, the nation’s “bad bank,” together with a US partner spent $304 million to purchase a 65-storey office building in Chicago.

The deal… Read More>>

A new player may be emerging in China's overseas investment surge as an investment vehicle majority invested … Read more>>>

Greenland Canary Wharf

Greenland Finalises $1B Project on London’s Canary Wharf

Greenland Canary Wharf

2014/03/13 by Michael Cole Leave a Comment

Shanghai-based outbound investment champion and real estate developer Greenland Group officially announced on Wednesday that it had purchased a project on London’s Canary Wharf to develop a $1 billion mixed-use project.

The acquisition, which had been prematurely made known by… Read More>>

Shanghai-based outbound investment champion and real estate developer Greenland Group officially announced on Wednesday … Read more>>>

Greenland Atlantic Yards

Greenland Group Adds $360M Canada Project to List of Overseas Deals

Greenland Atlantic Yards

2014/03/12 by Michael Cole Leave a Comment

China’s most aggressive international investor, Greenland Group, has announced a 67,000 square metre Toronto project as its latest overseas real estate acquisition.

The C$400 million (US$360 million) residential development makes Canada the seventh country in which the Shanghai-based developer has… Read More>>

China’s most aggressive international investor, Greenland Group, has announced a 67,000 square metre Toronto project as … Read more>>>

Lee Hsien Loong Iskandar

Chinese Developers Muscling in on Singapore Inc’s Home Turf

Lee Hsien Loong Iskandar

2014/03/11 by Michael Cole Leave a Comment

On February 28th, China state-run real estate developer Greenland Group announced plans to invest RMB 20 billion (US$3.26 billion) to develop projects in Malaysia’s Danga Bay.

But amidst the press releases and media coverage, perhaps the biggest milestone went unannounced… Read More>>

On February 28th, China state-run real estate developer Greenland Group announced plans to invest RMB 20 billion … Read more>>>

Chinese invest Australia

Chinese Investors to Buy $39 Bil in Australian Homes

Chinese invest Australia

2014/03/05 by Michael Cole Leave a Comment

Chinese buyers are expected to purchase US$39.54 billion worth of Australian residential property over the next seven years, according to a report released today by Credit Suisse.

The investment bank estimates that 12 per cent of all new housing purchases… Read More>>

Chinese buyers are expected to purchase US$39.54 billion worth of Australian residential property over the next seven … Read more>>>

AMC dine-in theatre

Wanda’s Wang Jianlin Doubles Money on US Theatre Investment

AMC dine-in theatre

2014/03/03 by Michael Cole 1 Comment

Billionaire Wang Jianlin got $900 million richer in eighteen months by making a US investment that many observers at the time dismissed as an ego move.

The chairman of China’s Dalian Wanda has seen his original $800 million share purchase… Read More>>

Billionaire Wang Jianlin got $900 million richer in eighteen months by making a US investment that many observers at the … Read more>>>

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