19 Dec '13, 5am

#AUSBUBBLE #ChinaBubble #GlobalREBubble 'Chinese Shift To Aussie Commercial Space' via @propertyobs

Significant purchases by Chinese investors in 2013 have included: Centennial Plaza (260, 280 and 300 Elizabeth Street, Sydney): Sold on behalf of Investa Property Group to Invesco (on behalf of Chinese Investment Corporation), for AUD$305million. The was the largest direct property transaction in the Sydney central business district this year, which was brokered by Colliers International. 229-234 Franklin Street, Melbourne: Sold for AUD$17million to a private Chinese investor by Colliers International on behalf of Jimmy Goh. 36-40 La Trobe Street, Melbourne (GMK House): Sold for AUD$8.5million to a private Chinese investor by Colliers International.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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