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>>
Chinese Developer Plans $500 Mil Project for Anaheim, CA
A little known Chinese developer is planning a nearly $500 million project in southern California that would create a new urban district combining homes, a shopping centre and a hotel.
The mixed-use project by a US subsidiary of Hong Kong-listed… Read More>>
Chinese Investor Buys $48M California Site to Build Asian Business Hub
A Chinese-backed investor has paid $47.7 million to acquire a site for a 71,000 square metre (767,000 square foot) business park in the Bay Area city of Burlingame, just south of San Francisco. The buyers of the Burlingame Point project… Read More>>
Hang Lung’s Ronnie Chan Gives $20M to USC
Hang Lung Group chairman Ronnie Chan has followed up on his brother’s record breaking gift to Harvard by arranging his own $20 million donation to the University of Southern California.
According to a report on the university’s website, Chan, who… Read More>>
Guangzhou R&F Acquires $250M Project in San Jose
Developer Guangzhou R&F Properties continued its overseas expansion this week when it acquired a site in San Jose, California for a $250 million residential project. The move is a continuation of an overseas expansion by China’s cashed-up real estate developers,… Read More>>
Developer Shenzhen Hazens Buys Los Angeles Hotel for $105M
China bought another piece of California last week when a Shenzhen-based real estate developer scooped up the Luxe City Center Hotel and two adjacent plots of land near the Staples Center for $105 million.
The 178-room hostelry is the second… Read More>>
Wang Jianlin’s Wanda to Spend $1.2B on Hollywood Project
China’s richest man has been working hard at making himself a global player in the last few years, but now Wang Jianlin has taken things to the next level by deciding to spend $1.2 billion to make himself a star… Read More>>