The buyer of Dalian Wanda’s Australian projects may be watching their development from a distance after Huang Xiangmo, a Chinese billionaire who became one of Australia’s biggest political donors had his citizenship application rejected and his residency permit revoked down… Read More>>
China Oceanwide Halts Construction on $1B Los Angeles Project
Developer China Oceanwide Holdings has halted construction on a $1 billion mixed-use project in Los Angeles that was previously scheduled to be completed this year, according to an account in the Los Angeles Times, citing a statement by the Beijing-based… Read More>>
Sunac Buys Pair of Shanghai and Beijing Projects From Oceanwide in RMB 12.6B Deal
Sunac China has agreed to buy a pair of projects in Shanghai and Beijing from competitor China Oceanwide Holdings in a deal valued at RMB 12.55 billion ($1.85 billion), according to a filing today to the Hong Kong stock exchange.
Greenland, Oceanwide and Hazens Named in FBI Probe of LA Real Estate Deals
Four of the biggest Chinese investors in Los Angeles real estate have been named in an FBI investigation of possible bribery, kickbacks, extortion, and money laundering related to property deals in southern California’s largest city, according to a document seen… Read More>>
Anbang Sells Securities Brokerage for $519M and More Asia Real Estate Headlines
Downturns, debt and slowdowns lead the region’s real estate news today as southern China tries to dry out from the weekend typhoon and checks to see if all the windows are still in place. Once mighty Anbang has raised $519… Read More>>
Mainland Housing Boom Brings New Govt Worries and More Asia Real Estate Headlines
Chinese leaders have been easing credit this past month and the results may be appearing quickly in rebounding home prices and property investment in smaller cities. But this positive market sentiment could still be bad news for a mainland government… Read More>>
China Oceanwide Gets US Green Light for $3.8B Genworth Deal
The US federal government has given the green light for Beijing-based real estate investor China Oceanwide Holdings Group to take over American insurer Genworth Financial, nearly 20 months after the $3.8 billion deal was first announced.
The approval by the… Read More>>
China Oceanwide Tops Out $1B LA Project and More Asia Real Estate Headlines
Leading today’s roundup, mainland developer China Oceanwide Holdings has topped out its billion-dollar mixed-use development in downtown Los Angeles, after acquiring the site in 2013. Meanwhile, back in Asia, Singapore’s real estate recovery has spread to the retail sector, as… Read More>>
CapitaLand Signs Up for East China Business Park and More Asia Real Estate Headlines
Leading today’s roundup, Singapore’s largest property firm CapitaLand may be getting into the business park business in eastern China, after signing agreements to explore building a high-tech park in Ningbo along with a township development in Jiaxing. Another Singaporean giant… Read More>>
Gaw Said in Talks to Buy HNA’s SF Office Tower and More Asia Real Estate Headlines
As much of the region heads into an Easter holiday, Asia’s dealmakers refuse to take a break as Goodwin Gaw has reportedly been spotted shopping at the San Francisco location of HNA’s global real estate bargain bin. Singapore’s Mapletree is… Read More>>
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