Hong Kong-listed real estate developer Country Garden Holdings has reportedly appointed a veteran advisor on hotel development to serve as the company’s chief representative in the US. The move is significant as it seems to portend expansion by Guangdong-based Country… Read More>>
Chinese Investors to Buy $39 Bil in Australian Homes
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>>
Wanda’s Wang Jianlin Doubles Money on US Theatre Investment
Billionaire Wang Jianlin got $900 million richer in eighteen months by making a US investment that many observers at the time dismissed as an ego move.
The chairman of China’s Dalian Wanda has seen his original $800 million share purchase… Read More>>
Greenland to Invest RMB 20 bil for Malaysia Projects Near Singapore
Shanghai-based developer Greenland Group, is planning to invest RMB 20 billion (US$3.3 billion) to develop a resort hotel and residential projects in southern Malaysia close to the border with Singapore, in the latest overseas move by one of China’s most… Read More>>
Chinese Investors Help Drive Manhattan Office Investment to Record High
Investment in Manhattan office properties reached US$5.5 billion in 2013, with an influx of Chinese investors helping drive the market to a record high, according to a recent market study.
The report from international property consultancy Colliers International found that… Read More>>
China Vanke in NY Real Estate Project with Hines and RFR
China Vanke, the largest real estate developer in the world’s second largest economy announced today that it has broken ground on a new project in New York City with US-based partners Hines and RFR Holdings.
Vanke President Yu Liang took… Read More>>
Country Garden Buys Sydney Site for US$65 Million
Chinese property developer, Country Garden added to the flood of Chinese investment headed overseas by purchasing a development site in Sydney for AU$73 million (US$65.76 million). The acquisition is Country’s Garden’s first in the Australian market.
The purchase of the… Read More>>
90% of Applicants for Aussie Investor Visa Plan from China
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>>
Chinese to Account for 10% of Global Hotel M&A by 2017
A market analysis report released this month by international real estate advisor Savills, predicts that Chinese investors will increase their share of global cross border hotel acquisitions from the current level of 4% to 10% by 2017.
The report predicts… Read More>>
Greenland Group Breaks Ground on $1B Los Angeles Project
Shanghai-based Greenland Group unveiled new details of its 1-billion-U.S. dollar Metropolis Los Angeles project at a ground-breaking ceremony on Friday.
The 6.33-acre project, located on Francisco Street between 8th and 9th Streets, is the largest undeveloped site in Downtown Los… Read More>>
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