17 February 2019

China developer eyes London investments, Bloomberg says

Greenland Holding Group Co., the builder of one of China’s tallest towers, plans to invest in London property after expanding in the United States, Bloomberg reported Tuesday, citing chairman Zhang Yuliang said. The state-owned developer will seek projects including hotels, apartments and retail in the British capital, Zhang was quoted as saying. Greenland is “looking at” three London developments, he said. Greenland said earlier this month that it will buy a 70 percent stake in New York’s Atlantic Yards.

– Contact HKEJ [email protected]


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