The eight Chinese property developers to watch emerging across Australia
Property Observer | By Jennifer Duke
Chinese developers are making their presence increasingly felt in Australia and it doesn’t seem that they’re set to slow down.
While Sydney and Melbourne has typically been a popular spot for Chinese apartment developers, it appears that larger companies are looking far and wide across Australia’s market for opportunities.
Starryland Australia
Fuxing Huiyu Real Estate Co Ltd, the 23rd largest publicly-listed company in China, is making waves. Their first Australian foray has been the much-publicised $550 million spend across 11 apartment towers in Sydney’s Parramatta through newly created Starryland Australia. Promenade Parramatta, their creation, saw the land for the development bought in September last year by Starryland after their June 2013 formation. They are, however, Melbourne-based.
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