Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire as reports last week confirmed that his Dalian Wanda Group had sold a prime Los Angeles site that was… Read More>>
Blackstone Agrees to Buy SF Office Complex From Gaw for $245M
Gaw Capital is selling a San Francisco office complex that covers three city blocks to Blackstone for $245 million, according to loan application documents filed by Blackstone in the US.
Stephen Schwarzman’s New York-based firm has signed an agreement to… Read More>>
Hong Kong’s Billionaire Cha Family Buy Palo Alto Office Building for $118M
CM Capital Corp, the US-based family office of Hong Kong’s billionaire Cha clan has purchased a $117.5 million office building in downtown Palo Alto, California from a local joint venture, paying one of the highest prices per square foot for… Read More>>
Greenland-Led Group Drops $2B Bay Area Project, Sells Site for $308M
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>>
