This article is by: The Guardian
Read more about it here: Asian billionaires embark on UK spending spree as pound nosedives
An excerpt from The Guardian:
China and Hong Kong’s super-rich buy up everything from skyscrapers to private schools. Chinese companies have made 15 big acquisitions in the UK so far this year, spending £6.75bn ($8.3bn) – already more than the $6bn spent on 23 deals last year.
Among the UK firms sold to the Chinese or facing takeover bids so far this year:
- The money transfer company WorldFirst was sold to Ant Financial, reportedly for £520m.
- The billionaire Zhang Lei’s Hillhouse Capital picked up Loch Lomond Distillers for £400m.
- The Chinese conglomerate Fosun International, which was founded by the Chinese billionaire Guo Guangchang, owns Wolves FC and is in talks to buy the 178-year-old package holiday operator Thomas Cook.
Chinese companies are also looking at buying up more of the UK’s private schools. Harrow and Dulwich College have long-established Chinese outposts, five UK schools opened up in China last year and another nine are expected this year.
This article is by: The Wall Street Journal
Read more about it here: Foreign Investing in Chinese Commercial Property Hits New High
An excerpt from The Wall Street Journal:
Foreign investors are starting to buy commercial real estate in China again, (...) while focusing on China’s maturing domestic market and longer-term growth prospects. Institutional investors—ranging from the U.S. and Switzerland to Bahrain and Singapore— were net buyers of $2.7 billion worth of Chinese commercial real estate in the first quarter, according to Real Capital Analytics. That marked the biggest amount of foreign purchases during a single quarter since Real Capital started collecting this data in 2007.
(...) Foreigners’ renewed interest reflects a bet on the growing power of the Chinese consumer, local businesses and regulatory changes that have helped level the playing field, investors and analysts said. Investors now say they are taking a long-term approach as the Chinese economy matures and government officials take steps to attract overseas capital. For instance, Shanghai and other cities have loosened restrictions on zoning for certain real-estate uses, making it a more favorable destination for foreign investors.
This article is by Mingtiandi
It is about the current construction of the highest sky bridge in the world
It is note worthy because it regards a project that is the largest single investment by a Singaporean company in China
Read about it here Capitaland builds world’s highest sky bridge for $3.8B Raffles City Chongqing
Source: Raffles City YouTube Page
This article is by World Property Journal (Michael Gerrity)
It is about The Commercial Real Estate Market in China and its future growth
It is note worthy because It is interesting to see how 6 key factors can shape a real estate market
Read about it here $150 Billion of Investment Allocated for China's Commercial Real Estate Market
Your On-the-Ground People in China.
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