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>>
Chongbang Buys Out Keppel and Alpha Stake in Shanghai Complex for $517M
Shanghai-based Chongbang Group has agreed to pay Keppel Land China and Alpha Investment Partners a combined $516.9 million to buy back an 80 percent stake held by the two Singaporean investors in the Life Hub@Jinqiao project in Shanghai’s Pudong District…. Read More>>
Henderson Land Sells Golden Centre in Hong Kong for $563M
Henderson Land has agreed to sell Golden Centre in Hong Kong’s Sheung Wan district to an undisclosed buyer for HK$4.4 billion ($563 million) according to a statement by the real estate developer to the Hong Kong stock exchange.
While Henderson… Read More>>
Prosperity REIT Acquires Kowloon Tower From Phoenix for HK$1.9B
Prosperity REIT has agreed to acquire a 24-storey commercial building in Kowloon’s Kwun Tong area from Phoenix Property Investors, as the two property investment specialists continue to cash in on demand for office space in developing districts of Hong Kong.
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