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Brexit chaos pushes the number of Chinese buyers down

Brexit chaos pushes the number of Chinese buyers down

The current uncertainty being caused by Brexit has had a clear impact on the number of Chinese residential acquisitions in the UK, according to Juwai.com. The website, China’s biggest international property portal, said Chinese property buying has waned as Brexit uncertainty has increased in recent months. The number of Chinese buyers purchasing homes in Britain […]

Dalian Wanda drops £470m London property purchase

Developer scraps plan to buy Nine Elms Square in face of China’s scrutiny of M&As Chinese property developer Dalian Wanda has walked away from a plan to buy London’s Nine Elms Square amid mounting pressure from Beijing to curtail high-profile overseas acquisitions. The 10-acre plot is part of London’s largest residential development site, where a […]