The residential towers could be a good fit for Greenland.
Greenland has eye on Barangaroo landing
Greg Brown
From: The Australian
November 21
ONE of China's biggest developers, Greenland Holdings Group, will consider bidding for the second stage of the $6 billion Barangaroo urban regeneration project on Sydney Harbour, according the group's Australian managing director, Sherwood Luo.
The state-owned company's Shanghai head office wanted the group to become a major force in Australia, winning over the non-Chinese locals by building iconic apartment towers, Mr Luo said.
The Barangaroo Delivery Authority this month announced that 121,500sq m of buildings could be developed in the central Barangaroo precinct, with tenders for the sites to open mid next year.
"We would not exclude that opportunity as it fits in with our long-term strategy," Mr Luo said.
Barangaroo is split into three development areas - Headland Park to the north, the central Barangaroo precinct and the Lend Lease-developed commercial area of Barangaroo South.
Mr Luo would not comment on whether there was a desire to work with James Packer, and noted that any casino opportunities were in early stages.
He said Greenland was looking for commercial and residential business opportunities in all capital cities, but that Sydney and Melbourne would be the initial focus due to the large Chinese population in those cities.
The group could eventually undertake major office and shopping centre developments.
http://www.theaustralian.com.au/business/property/greenland-has-eye-on-barangaroo-landing/story-fn9656lz-1226764776165#
Greenland has eye on Barangaroo landing
Greg Brown
From: The Australian
November 21
ONE of China's biggest developers, Greenland Holdings Group, will consider bidding for the second stage of the $6 billion Barangaroo urban regeneration project on Sydney Harbour, according the group's Australian managing director, Sherwood Luo.
The state-owned company's Shanghai head office wanted the group to become a major force in Australia, winning over the non-Chinese locals by building iconic apartment towers, Mr Luo said.
The Barangaroo Delivery Authority this month announced that 121,500sq m of buildings could be developed in the central Barangaroo precinct, with tenders for the sites to open mid next year.
"We would not exclude that opportunity as it fits in with our long-term strategy," Mr Luo said.
Barangaroo is split into three development areas - Headland Park to the north, the central Barangaroo precinct and the Lend Lease-developed commercial area of Barangaroo South.
Mr Luo would not comment on whether there was a desire to work with James Packer, and noted that any casino opportunities were in early stages.
He said Greenland was looking for commercial and residential business opportunities in all capital cities, but that Sydney and Melbourne would be the initial focus due to the large Chinese population in those cities.
The group could eventually undertake major office and shopping centre developments.
http://www.theaustralian.com.au/business/property/greenland-has-eye-on-barangaroo-landing/story-fn9656lz-1226764776165#
