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Dalian Wanda Gold Fields House

Chinese Pour $1.23B into Sydney Real Estate in Last 2 Months – More on the Way

2015/01/04 by Michael Cole Leave a Comment

China’s outbound investment wave continued to flow into Sydney as buyers from the mainland and Hong Kong acquired more than $1.23 billion worth of major assets during the last two months of 2014.

Most of the investors were major mainland… Read More>>

Xu Jiayin Sydney

Australia Set to Restrict Foreign Home Sales Amid Chinese-Fuelled Boom

2014/11/29 by Michael Cole 1 Comment

Following a year in which home prices in Sydney have risen 13 percent, and an estimated 18 percent of homes are being sold to Chinese, Australian lawmakers are recommending tighter controls on sales of real estate to overseas buyers.

… Read More>>

Bank of China Sydney

Bank of China Expects to Double Aussie Mortgage Business in 2 Years

2014/11/25 by Michael Cole Leave a Comment

Following soon after China’s landmark free trade agreement with Australia and riding an investment wave that is estimated to have Chinese investors purchasing $39 billion in Aussie homes, one of China’s biggest banks expects to double the number of mortgages… Read More>>

Su Shunhu

Tracking Proceeds of Chinese Corruption to Australia’s Real Estate Market

2014/10/27 by Michael Cole Leave a Comment

The head of China’s top graft buster launched “Operation Fox Hunt 2014” just three months ago to track down fleeing officials and their fraudulent gains, and the new anti-corruption initiative already seems to be leading to Australia’s booming real estate… Read More>>

Chinese investors in Sydney

Chinese Help Drive 33 Percent Jump in Australian Home Prices

2014/05/27 by Michael Cole Leave a Comment

China’s hunger for overseas real estate is pushing Australian home prices to record levels as the wealthy Chinese look for alternatives to increasingly unstable markets at home.

According to a recent report from property information provider RP Data and Rismark,… Read More>>

Meriton Chinese version

Chinese Developer Offers $2.8B for Australian Apartment Builder

2014/04/17 by Michael Cole Leave a Comment

Australia’s biggest developer of apartments is considering an offer to sell half of its business to an unnamed Chinese real estate company for A$3 billion (US$2.8 billion) according to a recent media report.

Sydney-based Meriton Group received the offer during… Read More>>

Citic Securities REIT

Developers Get New Funding Source as China Announces First REIT

2014/04/09 by Michael Cole Leave a Comment

A new channel for fundraising may be on the way for China’s real estate developers, as the government recently approved the country’s first real estate investment trust (REIT).

According to a report today in the South China Morning Post, Citic… Read More>>

wealthy Chinese home buyers

Real Estate Agency to Let Chinese Buy Australian Homes with Bitcoin

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>>

Chinese invest Australia

Chinese Investors to Buy $39 Bil in Australian Homes

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 investors in Sydney

90% of Applicants for Aussie Investor Visa Plan from China

2014/02/19 by Michael Cole 1 Comment

Nine out of 10 applicants for an Australian immigration scheme aimed at wealthy investors are from China and they have pumped a total of A$325 million (US$293.8 million) into their new country of residence in the first year since the… Read More>>

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