Chinese developers surge back into Melbourne

Chinese developers roared back into Melbourne in the final five months of 2016, snapping up three-quarters of development sites as they shrugged off concerns about apartment oversupply, tougher planning rules and higher property taxes. Real estate agent CBRE said 75 per cent of the 45 Melbourne development sites they transacted between August and December were…

China Plows Big Money Into Australian Agriculture

The leading buyer of Australian farm products is now the top investor in the country’s farm sector SYDNEY—Australian deal makers are swapping hard hats for cowboy hats as Chinese investors increasingly explore a new natural-resource boom: agriculture. China became the largest investor in Australia’s agricultural sector during the financial year ended June 2014, according to…

Dashang Group beefs up land portfolio

Matthew CranstonAug. 24, 2015 CHINESE retail and supermarket giant Dashang Group has spent nearly $50 million buying Australian rural property, and is looking for more as it aims to become the lead importer of Australian beef to China. The Australian Financial Review can reveal that Dashang was the buyer of former Babcock and Brown founder…

Dashang takes premium stake in prime Wagyu beef herd

  Chinese retailing giant the ­Dashang Group has snapped up one of Australia’s oldest herds of Wagyu cattle and a second highly productive farm in the prestigious upper Hunter Valley. In a deal understood to be ­valued at between $12 million and $20m, the Australian cattle farming and trading arm of north China-based Dashang, Australia…