Inquiries from Chinese buyers about Australian homes have fallen by nearly 25 percent this year, according to one of the leading real estate platforms down under, and the dropoff in mainland appetite for Aussie property just might be the result… Read More>>
Hang Lung’s Ronnie Chan Unsure When Retail Will Recover and More China Real Estate Headlines
One of the region’s most loquacious mall developers has little good to say about the region’s retail market, China’s real estate recovery continues to spread from tier-one cities to areas just next to them, and Wang Jianlin makes a big… Read More>>
$8.3B in Chinese Tourist Spending Boosts Australia’s Gold Coast
Australia is losing an important source of export revenue as its mining boom has waned in the face of China’s economic slowdown. Now, in an effort to spur growth, the country is turning its attention to deep-pocketed Chinese tourists looking… Read More>>
Chinese Developer Starts A$1Bil Project as Sydney Market Softens
China’s Dahua Group has revealed plans for an A$1 billion ($761 billion) master-planned estate in Sydney’s southwest suburb of Bardia, the second project in this area of the city for the top 50 mainland developer which has created a second… Read More>>
Chinese Investment in Aussie Real Estate Doubled in FY2014-2015
Chinese investment into Australian real estate doubled to A$24 billion ($18.1 billion) during the 2014-2015 financial year, as mainland buyers looked for overseas assets and development opportunities.
Spending by Chinese developers, homebuyers and other investors on Australian real estate were… Read More>>
Why Did Greenland Group Abandon Its 31-Storey Melbourne Project?
Officials from one of China’s biggest developers revealed late last week that they were cancelling plans for an 1100-unit residential project in Melbourne, Australia due to unforeseen delays in project approval.
However, Shanghai-based Greenland Group’s project in Melbourne’s Flemington area,… Read More>>
2 Chinese Property Developers Tied to Outsized Aussie Political Donations
China’s investments in Australia’s property market have often been hailed by politicians as a source of economic growth for the country, but reports this month indicate that the activities of at least two mainland developers may also have had direct… Read More>>
China’s CIC Said Ready to Bid for $2.4B Aussie Office Fund
The mainland’s biggest buyer of overseas real estate assets may be about to add another $2.4 billion to its global portfolio, as China Investment Corporation (CIC) is said to be considering buying out an Australian property fund.
CIC, which has… Read More>>
China Overseas Holdings Buys Sydney Site for $56M
One of China’s 10 largest developers became the latest mainland homebuilder to enter the Sydney market this week when China Overseas Holdings Ltd (COHL) bought a site in the city’s north side for A$80 million ($56 million).
The acquisition by… Read More>>
Chinese Developer Gets Go-Ahead for $146M Sydney Tower Project
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>>
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