ICD Property, a Chinese-owned developer based in Australia, has won approval along with a local builder for a A$200 million ($146 million) project to redevelop the site of a social club in Sydney into a 48-storey tower, incorporating condominiums and… Read More>>
Residents in one of Melbourne’s richest suburbs may have learned a new Chinese word recently, as one of China’s infamous “tuhao” knocked down a historic home in Toorak, Australia after buying it two years ago for $13.4 million cash.
Xiaoyan… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Sunac Drops Yurun Talks as 3rd Takeover Bid Fizzles
Sunac China Holdings Ltd., the Chinese developer that dropped a takeover bid… Read More>>
Chinese property developer Dahua Group doubled down on Australian real estate this month when it acquired its second development site down under within 30 days.
The Shanghai-based real estate company this past week bought a residential site in suburban Melbourne… Read More>>
Australia’s fourth-richest man, James Packer, just sold his 3,345 square metre Sydney estate for a record $51 million to a property developer from southern China’s Guangdong province.
Packer, who runs the Crown Resorts casino group and is heir to one… Read More>>
Nearly half of the investment that helped make China the largest investor in Australia last year came from a surge in commercial real estate deals, according to a survey released today.
Investment from mainland sources into offices, hotels and other… Read More>>
Sales of Australian homes to foreign buyers doubled in the most recent financial year, in a surge led by Chinese buyers.
Mainland investors pumped A$12.4 billion ($9.76 billion) into Aussie real estate from April 2014 to the end of March,… Read More>>
Chinese real estate investment has spread from banks and sovereign wealth funds which bought trophy assets in the world’s biggest markets, to property developers looking for project opportunities in the world’s gateway cities.
Now according to a recently released report,… Read More>>
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 announced last week that it is putting in place new barriers to foreign purchases of homes in the country, and will start enforcing existing regulations, following a wave of Chinese investment that saw real estate prices in Sydney rise… Read More>>