Shanghai’s Greenland Group has once again downsized its global ambitions by selling down US assets as it sold three development sites at its Pacific Park Brooklyn project to two New York-family owned firms, TF Cornerstone and Brodsky Organization, for… Read More>>
Greenland Boosts Stake in $5B Pacific Park Project in NYC to 95%
A government clampdown on outbound investment has stifled many of China’s biggest buyers of overseas real estate, but Greenland Holdings is bucking the trend by going nearly all-in on its joint venture to develop part of a $5 billion New… Read More>>
Trail of Fails: $1 Bil Write-Down on Brooklyn Project Latest Of Greenland’s Overseas Gaffes
Greenland Group may be a top contender in the China market, but the mainland heavyweight seems to be taking a few body shots on its overseas projects.
Just last Thursday the Shanghai-based firm’s US partner revealed a potential $1 billion… Read More>>
Dalian Wanda Set to Sweeten $4B Buyout Offer and More Greater China Real Estate Headlines
China’s biggest commercial developer is ready to boost an offer to its Hong Kong shareholders, just as mainland authorities begin to look more closely into Chinese companies seeking to move their stock listings back home from overseas. Meanwhile, over in… Read More>>
Greenland Group Looking to Offload Stake in $5 Bil Brooklyn Project
Amidst a string of setbacks, scale-downs and sell-offs by Chinese firms in international real estate markets, Greenland Group’s U.S. joint venture is reportedly shopping a “very significant” equity stake in Pacific Park, its blockbuster Brooklyn development project.
Greenland Forest City… Read More>>
Greenland Breaks Ground in Brooklyn and Vows to Stick with Global Cities
China’s most aggressive overseas real estate investor broke ground on a $5 billion development project in New York yesterday and vowed that more deals will be on the way. But not necessarily in more cities.
Shanghai’s Greenland Group joined with… Read More>>