Asia real estate and outbound investment news
Struggling to repay bond investors, Greenland Holdings has sold a 59-storey Los Angeles residential tower, the centrepiece of the Chinese developer’s first-ever US project, to American apartment operator Northland for $504 million.
The transaction for the 685-unit THEA at Metropolis… Read More>>
Four of the biggest Chinese investors in Los Angeles real estate have been named in an FBI investigation of possible bribery, kickbacks, extortion, and money laundering related to property deals in southern California’s largest city, according to a document seen… Read More>>
Greenland USA faces an uncertain future in California, but that hasn’t stopped the US arm of Chinese developer Greenland Group from bagging a $310 million construction loan to finish off the third phase of a $1 billion complex in downtown… Read More>>
The purchase of the $1 billion Metropolis project by China’s Greenland Group in 2013 was one of the early milestones in an outbound real estate investment wave that put the Shanghai-based developer onto a global stage, beside co-stars such as… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Greenland Group Plans Europe’s Tallest Residential Tower in London
Plans for what would be the tallest residential tower in western Europe… Read More>>
Shanghai-based Greenland Group unveiled new details of its 1-billion-U.S. dollar Metropolis Los Angeles project at a ground-breaking ceremony on Friday.
The 6.33-acre project, located on Francisco Street between 8th and 9th Streets, is the largest undeveloped site in Downtown Los… Read More>>
