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Sheraton on the Park Sydney

China’s Sunshine Insurance Buys Sydney Sheraton Hotel for $401M

2014/11/24 by Michael Cole Leave a Comment

Hospitality group Starwood Hotels & Resorts Worldwide announced on Friday that it had sold its Sheraton on the Park in Sydney, Australia to China’s Sunshine Insurance Group Corporation for A$463 million (US$401 million).

The acquisition continues a number of major… Read More>>

counting RMB

China Rationalising Outbound Capital Flows as Investors Head Overseas

2014/11/19 by Michael Cole Leave a Comment

One of the great mysteries of the boom in purchases of international real estate by Chinese investors has been how all of the cash for these purchases gets overseas from a country where capital accounts and foreign exchange are strictly… Read More>>

Su Shunhu

Tracking Proceeds of Chinese Corruption to Australia’s Real Estate Market

2014/10/27 by Michael Cole Leave a Comment

The head of China’s top graft buster launched “Operation Fox Hunt 2014” just three months ago to track down fleeing officials and their fraudulent gains, and the new anti-corruption initiative already seems to be leading to Australia’s booming real estate… Read More>>

Investment Risks – Chinese Tycoon Killed Flying Over New Vineyard – Today’s China Real Estate Links | December 23, 2013

2013/12/23 by Michael Cole Leave a Comment

Here is a list of the day’s latest China real estate news collected from around the web:

  • Investment Risks – Chinese Tycoon Killed Flying Over New Vineyard

    Four people were feared dead including a Chinese billionaire and… Read More>>

  • Brookfield to Invest US$750 Mil in Xintiandi – Today’s China Real Estate Links | November 1, 2013

    2013/11/01 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

  • Brookfield to Invest US$750 Mil in Xintiandi

    Brookfield Property Partners L.P. BPY has reached an agreement under which BPY along… Read More>>

  • Atlantic Yards in Brooklyn

    Greenland Group to Acquire $4 Bil New York Project

    2013/10/15 by Michael Cole 2 Comments

    Start spreading the news, another of China’s real estate giants is determined to make it on the world’s biggest stage, as Greenland Group announced last week that it intends to buy a 70% stake in the Atlantic Yards project in… Read More>>

    Greenland Melbourne Site

    Greenland Group Signs MOU for $1 Bil Melbourne Residential Project

    2013/10/15 by Michael Cole Leave a Comment

    Shanghai-based real estate developer Greenland Group kept itself busy over China’s National Day holiday, with the news getting out just two days after the break that it had signed a memorandum of understanding to purchase a pair of sites in… Read More>>

    China Greenland Group

    China’s Greenland Group Pursuing Melbourne Residential Site

    2013/09/09 by Michael Cole Leave a Comment

    Shanghai-based developer Greenland Group is apparently in talks to purchase a residential site in Melbourne, Australia which has the potential to yield as many as 2000 apartments for resale.

    According to a report in the Australian, Greenland head Sherwood Luo… Read More>>

    Wuhan Greenland Centre

    Shanghai’s Greenland Group Buys US$1 Bil Metropolis Project in LA

    2013/07/28 by Michael Cole Leave a Comment

    Shanghai Greenland Group, one of China’s largest real estate developers, announced on Friday that it is investing US$1 billion in a project in downtown Los Angeles, joining a growing trend of Chinese investors acquiring high profile properties in the US.

    … Read More>>

    Microsoft to Lead Retail Expansion with New Stores in China – and more of Today’s China Real Estate Links | July 23, 2013

    2013/07/23 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

  • Microsoft to Lead Retail Expansion with New Stores in China

    Microsoft has already announced that it was looking to expand… Read More>>

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