Mainland conglomerate HNA Group is investing more than $137 million to acquire 10 Seattle area golf courses, according to a statement filed yesterday with the Hong Kong stock exchange. The acquisition adds to an October total of nearly $11 billion… Read More>>
Exclusive: HK’s Pamfleet Checks into Co-Living for First Mainland Deal
Hong Kong real estate investment house Pamfleet has landed its first deal in mainland China, signing an agreement with Hong Kong-listed Deson Development International last week for a RMB 82 million ($12.26 million) joint venture residential project, according to a… Read More>>
Anbang Turns to Blackstone Again With $558 Mil Purchase of Dutch Offices
China’s Anbang Insurance is set to acquire $558 million worth of office properties in the Netherlands from Blackstone Group, a person with knowledge of the deal told Bloomberg. If completed, the deal would push the total value of property assets… Read More>>
Wanda Sacks Executive Whose Bribe May Have Helped Build Mall Empire
When it emerged a few weeks back that Dalian Wanda was considering to buy Dick Clark Productions for $1 billion, it seemed like an odd arrangement. One is a Chinese mall developer founded by a former Army officer while the… Read More>>
China’s Richest Man Warns Of Biggest Housing Bubble In History
Dalian Wanda chairman Wang Jianlin believes China’s real estate sector is facing the biggest housing bubble in history and warned China’s leaders could face a similar headache in the property sector to what it had to deal with when the… Read More>>
Colony Seals Deal with China’s Oceanwide to Bring Atlantis Resort to Hawaii
US hotels and resorts continue to be a target for Chinese investors after one of the mainland’s biggest property developers recently signed a deal with Kerzner International to develop a super-luxury Atlantis resort on the Hawaiian island of Oahu.
China’s… Read More>>
UBS Bubble Index Shows Impact of Chinese Investors on Vancouver, Sydney
As housing markets on the mainland have started to look more dicey, Chinese home buyers have flocked to global gateway cities such as Vancouver and Sydney, driving up home prices and stunning local residents.
Analysts have cautioned that mainland capital… Read More>>
Dalian Wanda Signs Deal with Sony After Failing to Buy Paramount Stake
Chinese billionaire Wang Jianlin’s dreams of a building Hollywood empire continue to take shape after his Dalian Wanda Group signed a deal with Sony Pictures last week to collaborate on movie projects.
The alliance between the Chinese property developer turned… 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>>
Fosun Said Planning $1B India Real Estate Platform
Fosun International is entering the Indian property market and plans to invest nearly $1 billion through a real estate platform it is setting up on the sub-continent, according to India’s Economic Times. If completed, this would be the second major… Read More>>
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