When Dalian Wanda acquired the $1.1 billion One Nine Elms project from the UK’s Green Property in 2013, it was supposed to be a launchpad for Wang Jianlin’s international ambitions. Unfortunately the London luxury real estate complex has been more… Read More>>
Hong Kong’s Classiest Fugitive Tycoon Buys Full Page Ad About Dumping His Girlfriend
Announcing a break up is hard to do. Some people privately tell their friends while others take to social media to update everyone on their relationship status. Of course, when you’re a fugitive Hong Kong property tycoon like Chinese Estates… Read More>>
China’s Le Eco Big on Ideas, But Now Short on Cash After $250M US Real Estate Deal
When Chinese tech firm LeEco paid Yahoo $250 million for a California site this June, it looked like another mainland giant that had limitless cash and all the answers.
However, after the co-founder of the company referred to as the… Read More>>
Asia’s Hottest Real Estate Market? It’s India
What do Blackstone, Dalian Wanda, Brookfield and Fosun International all have in common? They are among the big name players who have invested billions of dollars into India’s real estate market. And it looks as if they are not the… Read More>>
They Love LA – Wealthy Chinese Pick Los Angeles as Top Destination
America’s new president may talk about slamming the door on immigrants, but for Chinese millionaires the US is still their top choice and sunny LA has most-favoured city status, according to a recent survey.
Los Angeles ranked as the top… Read More>>
Czech It Out: China Heads Further into Europe With $312M Prague Deal
New York was too hot, London might be getting too cold, but it seems Prague was just right for the latest Chinese conglomerate looking for cross-border real estate investments.
Privately held CEFC China Energy last week acquired the Florentinum office… Read More>>
HK Investors Buy $290M in London Offices This Week
With US turmoil grabbing centre-stage, worries over Brexit seem to already be old news for Hong Kong real estate investors, after two locally listed property groups snapped up £234 million ($290 million) worth of London office buildings during the same… Read More>>
HKRI and Hysan Team Up For $437M Site in HK’s Tai Po
In another sign that Hong Kong’s new stamp duty may not have a large impact on the housing market, Strongbod Limited, a joint venture between HKR International and Hysan Development, submitted a winning bid of HK$3.39 billion ($437 million) to… Read More>>
Aoyuan Spends $42M to Pick Up Two More Sydney Condo Sites
Aoyuan Property Group is already marketing Sydney’s most expensive apartments, and now the Chinese real estate developer may be hoping to develop more pricey properties as it expands its business down under.
The Hong Kong-listed developer this week acquired two… Read More>>
What Stamp Duty? Pair of HK Apartments Sell for $117M Two Days After Restriction Debuts
After just three days, it’s safe to say Hong Kong’s new home price stamp duty hasn’t quite worked as government officials would have hoped. The curbing measures, which took effect on Sunday, slapped a levy of 15 percent on residential… Read More>>
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