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>>
London Biggest Draw as China’s Outbound Real Estate Investment Jumps 17%
China’s outbound investment in real estate jumped 17 percent during the first half of 2014, with London receiving more than $2.3 billion in capital inflows according to a statement today from an international property consultancy.
Overall Chinese outbound investment in… Read More>>
Greenland Group Teams with Packer for Brisbane Casino Bid
China’s most aggressive overseas investor has teamed up with Australia’s second-richest man in a race to win the rights to a multi-billion dollar casino development in Brisbane, Australia. In a joint venture first reported on Friday, Shanghai’s Greenland Group plans… Read More>>
Mystery Mainland Developer Plans NYC Tower for China Buyers
A new 380,000 square foot (35,303 square metre) tower in Midtown Manhattan was just announced today, and its developers — one of which appears to represent anonymous mainland investors — appear set on turning Chinese capital into New York profits.
Chinese Grab $22B in US Homes to Become Biggest Foreign Buyers
Chinese purchases of US homes rose 19 percent during 2013 to total $22 billion in housing purchases. The surge in spending made China the leading foreign buyers of US homes with 24 percent of US housing purchases by foreign buyers… Read More>>
Wang Jianlin’s Wanda Buys 90% of $900M Chicago Project
Dalian Wanda, the real estate developer owned by China’s richest man, reportedly has acquired a site in Chicago to develop a $900 million mixed-use residential, hotel and commercial complex.
The development project in Chicago’s Lakeshore East area is the third… Read More>>
China Construction Bank Buys London Office Tower for $187M
For the second time this month a Chinese financial institution has acquired a London office building, as China Construction Bank was revealed today to have purchased a tower in the city’s financial district for 110 million pounds ($187 million).
China… Read More>>
ResortsWorld Casino and Greenland Group Korean Deals Halted
The new governor of South Korea’s Jeju island has decided that Chinese property projects in the gambling mecca, including a $2.2 billion casino and a 63-storey resort tower, need a second look and this could mean trouble for some mainland… Read More>>
China Life Buys 70% of London Tower in $1.35B Deal
China’s cashed up investors landed another billion dollar property last week when the country’s biggest life insurer teamed up with an investment firm belonging to the Qatari government to buy an office building along London’s Canary Wharf for 795 million pounds… Read More>>
London Luxury Home Broker Helping Chinese Buy with Bitcoin
A real estate agent in London’s red hot housing market hopes to sell more homes to Chinese buyers by handling transactions in the Bitcoin virtual currency.
According to a report in the South China Morning Post, fledgling UK home brokerage… Read More>>
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