China Investment Corporation (CIC) has forked out $1.03 billion to purchase a 45 percent stake in a building in New York’s iconic Rockefeller Center, a deal which makes the Chinese sovereign wealth fund one of the biggest buyers of Manhattan… Read More>>
China Overtakes US as World’s Largest Cross-Border Investor Sponsored Feature
China overtook the US to become the largest cross-border real estate investor in the third quarter of this year, with total investment in the first nine months already surpassing 2015’s record volume, according to JLL data.
Investors from mainland China,… Read More>>
NYC Draws 80% of Chinese Cash as Mainlanders Pour $5.1B into US Real Estate
Maybe it’s the Donald Trump factor. Maybe it’s the Broadway shows. Whatever the reason, Chinese investors continue to be drawn to New York City, spending $4.1 billion on real estate assets in the Big Apple during the first half of… Read More>>
EB-5 Reforms Stall as Investor Visa Program Nears Renewal Deadline
America’s EB-5 investor visa program that gives permanent US residency to foreigners who invest at least $500,000 is set to expire on September 30, with no clear path for the program’s renewal after proposed reform measures stalled in the US… Read More>>
Ping An: We Are The Anti-Anbang
One week after Anbang abandoned its $14 billion bid for Starwood amidst a storm of speculation and investigation, Ping An Insurance Group took the opportunity to cast itself in a new light: as the anti-Anbang.
In an interview with the… Read More>>
Anbang Insurance Grabs Controlling Stake in $730M Vancouver Complex
China’s Anbang Insurance, which made its name by purchasing New York’s best-known hotel, is now said to be acquiring one of Vancouver’s most famous landmarks in a transaction which would value the property at more than C$1 billion ($729 million).
Shanghai Mall Builds Five-Storey “Death Slide” and more China Real Estate Headlines 2016-02-15
We are back chasing the real estate happenings here at Mingtiandi, and today’s round up gives you a chance to catch up on headlines you may have missed over the holiday. A Shanghai mall welcomes shoppers with a five-storey tall… Read More>>
Mingtiandi to Present at Juwai Developer Summit in Shanghai on Dec 3rd
China-based international property portal Juwai will be hosting its first-ever conference for international developers marketing to Chinese homebuyers next week, as the platform for mainland home buyers and international developers continues to expand its market.
The three-day event will be… Read More>>
Shanghai Developer Lands 5th Intl Project with LA Condo Deal
Chinese real estate developer Shenglong Group has acquired a site in Los Angeles for $26 million as the Shanghai-based company prepares for its fifth overseas project.
The privately held company paid one of the highest rates ever for the 44,412 square… Read More>>
Chinese Investor Buys Canadian Ghost Town for $841K
Chinese real estate investors are known for their confidence, but now one company from Hebei is paying nearly a million Canadian dollars to try to bring back the dead. Or at least a dead village.
According to a real estate… Read More>>
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