ICD Property, a Chinese-owned developer based in Australia, has won approval along with a local builder for a A$200 million ($146 million) project to redevelop the site of a social club in Sydney into a 48-storey tower, incorporating condominiums and… Read More>>
China Real Estate News Around the Web 2015-09-22
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Fosun Bids for $1 Bil Condo Project in Sydney
Chinese conglomerate Fosun International has emerged as one of the parties trying… Read More>>
China Real Estate News Around the Web 2015-08-14
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
China Jan-July Property Investment Growth Slows to 4.3%
Growth in China’s real estate investment slowed to 4.3 percent in the first… Read More>>
Chinese Real Estate Developer Picks Up Second Aussie Site in 30 Days
Chinese property developer Dahua Group doubled down on Australian real estate this month when it acquired its second development site down under within 30 days.
The Shanghai-based real estate company this past week bought a residential site in suburban Melbourne… Read More>>
China Poly to Build $112 Mil Sydney Condo Tower
China’s fourth largest real estate developer by sales now has big plans for doing business in Australia, after China Poly proposed a A$154 million ($112 million) luxury development in Sydney.
The residential/commercial project would be built on a A$110 million… Read More>>
China’s Greenland Group Picks Up 2 Sydney Sites for $131 Mil
China’s love affair with Sydney continued to pick up pace this month as Greenland Group picked up a pair of projects in Australia’s largest city for a combined A$170 million ($131 million).
The Shanghai-based developer, which outsold all other Chinese… Read More>>
Chinese Developer Plans $100M LA Condo Tower, Buys 2 Sydney Sites – on Same Day
Shanghai Shenglong Investment Group announced plans for a 37-storey condominium development in downtown Los Angeles last Thursday, the same day that it announced the $141 million purchase of two adjacent sites in Sydney, Australia.
In California, Shenglong subsidiary City Century… Read More>>
Credit Suisse Predicts Chinese Will Buy $47.6B in Aussie Homes
A surge in Australian home purchases by Chinese buyers has led Credit Suisse to predict that mainland investors will put A$60 billion ($47.6 billion) into housing down under over the next six years.
The projection is a major upward revision… Read More>>
Chinese Purchases of Aussie Homes Double to $9.76B in 2014
Sales of Australian homes to foreign buyers doubled in the most recent financial year, in a surge led by Chinese buyers.
Mainland investors pumped A$12.4 billion ($9.76 billion) into Aussie real estate from April 2014 to the end of March,… Read More>>
3rd Wave of Chinese Real Estate Investment Hits Aussie Shores
Chinese real estate investment has spread from banks and sovereign wealth funds which bought trophy assets in the world’s biggest markets, to property developers looking for project opportunities in the world’s gateway cities.
Now according to a recently released report,… Read More>>