A consortium led by Chinese property giant Greenland Group has completed its exit from what was once touted as a $2 billion project on the West Coast of the US less than two years after buying the site.
Greenland USA… Read More>>
GIC Invests in Rockwood Capital’s $355M LA Office Portfolio
GIC, Singapore’s sovereign wealth fund, has formed a joint venture to acquire a stake in a high tech office portfolio in the Playa Vista area of western Los Angeles, according to a statement today by the $100 billion government investment… Read More>>
Greenland Group Puts LA Condo Tower on the Block for $450M in US Pullback
The purchase of the $1 billion Metropolis project by China’s Greenland Group in 2013 was one of the early milestones in an outbound real estate investment wave that put the Shanghai-based developer onto a global stage, beside co-stars such as… Read More>>
Chinese Developer Raises California Stakes with 50-Storey Plan for Yahoo Site
Chinese real estate developer Genzon Group is mulling a plan to build a massive, 10.5 million square foot (975,482 square metre) mixed-use development on a site formerly owned by Yahoo in Santa Clara, California.
City officials gave Genzon’s US arm… Read More>>
Greenland’s Hollywood Dreams Turn to Dust in Latest US Setback
A Chinese real estate giant isn’t the first act from out of town to have its hopes turn into roadkill on LA’s boulevard of broken dreams, but that may not make Shanghai’s Greenland Group feel any better about its latest… Read More>>
Oceanwide Buys Historic SF Building as Add-On to $1.6B First & Mission Project
China Oceanwide, which is building the second-tallest skyscraper in San Francisco, has recently added to its landmark project by scooping up an adjacent retail property for $32.5 million. As reported in The Registry, the Beijing-based developer plans to renovate the… Read More>>
Related Inks $950M Los Angeles JV With Unit of Blacklisted Chinese Builder
Related Companies has become the latest US real estate giant to tie up with a Chinese developer in order to kickstart a major project, after the company started by billionaire Stephen Ross signed a joint venture agreement with a unit… Read More>>
China’s Greenland Group Plans 1500 New Homes in North Hollywood
Shanghai’s Greenland Group, China’s second-largest real estate developer by sales, is part of a team that has won first-round approval for developing a mixed-use project that could involve building as much as 232,000 square metres (2.5 million square feet) of… Read More>>
Shanghai Construction Group Buys Orange County Hyatt for $137M
Shanghai Construction Group became the latest Chinese buyer of an overseas hotel recently when a US subsidiary of the state-owned giant picked up the Hyatt Regency Orange County for $137 million.
The southern California hotel acquisition by SCG America is… Read More>>
Chinese Real Estate Tycoon Pays $60M to Become Apple’s Silicon Valley Landlord
The family office of a major Chinese real estate developer set new highs for Silicon Valley real estate this month by acquiring an office park in Sunnyvale, California for a reported $60 million.
The mainland property tycoon paid approximately $620… Read More>>
