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>>
Asians Move into German Real Estate with $1.27B in Investment
Asian investors seem to have discovered Germany’s real estate market last year as purchases of Germany property reached $1.27 billion in 2013.
While still a fraction of the sums put into the US or UK markets, the new investment record… Read More>>
Chinese to Account for 10% of Global Hotel M&A by 2017
A market analysis report released this month by international real estate advisor Savills, predicts that Chinese investors will increase their share of global cross border hotel acquisitions from the current level of 4% to 10% by 2017.
The report predicts… Read More>>
Greenland Group Acquires London Site for $984 mil Real Estate Project
China again declared its love for overseas real estate yesterday with developer Greenland Group agreeing to acquire a historic London site for a £600 million (US$984 million) development project. And in the same day, the developer announced that it would spend an additional £600 million to purchase a site along the city’s famed Canary Wharf.
Chinese Investment in London Property Up 1500% Since 2010
Research released last week by Jones Lang LaSalle shows that Chinese investment in London real estate has risen over 1500% since 2010, increasing from US$88.2 million to over US$1.63 billion at the end of quarter three 2013.
This increase means… Read More>>
Blackstone Selling London Office Park to CIC for $1.28 Billion
China Investment Corporation (CIC) is set to buy a London office project from Blackstone for more than US$1.28 billion (GBP 800 million) according to a report in the Financial Times.
CIC was first said to be in talks about acquiring… Read More>>
Dalian Wanda Completes Acquisition of $1.1 Billion London Project
Following through on a deal originally announced in June, Chinese real estate developer Dalian Wanda last week completed the acquisition of the One Nine Elms project for more than US1.1 billion from the UK’s Green Property.
According to an announcement… Read More>>
Needy EU Nations Woo Chinese Home Buyers – and more of Today’s China Real Estate Links | August 23, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Southern Europe’s cash-strapped governments are courting wealthy Chinese homebuyers, seeking to bolster their… Read More>>
Construction starts on Shanghai Bund International Financial Centre – and more of Today’s China Real Estate Links | May 7, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
Construction has started on the Shanghai Bund International Financial Centre in China. When… Read More>>
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