Publications

Investors

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Two Chinese investors invest in England

by Andrea Waitrovich

In separate deals, two Chinese investors have made deals in England’s property markets.

China Vanke acquired 70,000-square-foot Ryder Court in Mayfair, Central London, for £115 million ($153 million). The seller was Henderson Global Investors.

The acquisition represents China Vanke’s second investment in London. In October 2015, China Vanke paid £30 million ($40 million) for a 20 percent stake in a  £880 million ($1.17 million) London mixed-use project, The Stage.  The seller was a consortium of investors including Cain Hoy Enterprises, McCourt Global, Galliard Homes and Investec Structured Property Finance.

In addition, China-based property developer Country Garden signed a preliminary agreement to invest up to $2.7 billion in the British city of Birmingham, according to a Reute

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?