A Buddhist temple comes to Australia to develop residential properties and golf courses. The world is changing so fast!
This is because real estate is very popular in Australia. People all over the world come to Australia to buy houses, and even monks come to capture land. Is Australia going to take off?
On the afternoon of February 23, 2015, Shi Yongxin, the abbot of the famous Shaolin Temple, handed the check to Joanna Gash, mayor of Shoalhaven, Australia.
The total amount of the check is AUD 4.162 million, which means that the abbot of Shaolin Temple has paid off the remaining balance of the Comberton Grange plot of AUD 360 million.
Abbot Shi Yongxin said: He is very happy that the project can be further deepened. "This check represents a new starting point and the beginning of a new era." Patrick Pang, the representative of Shaolin Temple, said that the Shaolin Foundation will continue to lobby for the Australian planning department to allow residential properties and golf courses to be built in south of Nowra.
Mr. Peng said: "We will continue to work hard because this is the financial model of the entire project."
(the red dot above is the Shaolin Temple project)
In August 2014, some of the initial projects of the project were rejected by the Australian Planning and Evaluation Committee at a public hearing.
It is said that the 360 million Australian dollar (about 1.8 billion yuan) project of Shaolin Temple is to build a resort similar to the Australian Shaolin Temple on 12.48 million square meters of land. It contains a hotel with 500 rooms, 300 independent villas and a 27-hole golf course, which can provide a place for those who pursue purity to have a rest.
Not only Shaolin Temple, Chinese companies' investment in Australia has increased 10 times since 2005, reaching US$57.2 billion.
In recent years, more and more Chinese rich people have entered the Australian market and their investment has become more distant. Real estate, farms, energy, hotels, etc. have ushered in the investment boom among Chinese people.
The following are some Chinese big shots in Australia:
1. The Chinese Entrepreneurs Club will invest 10 hundreds of millions of Australian dollars in Australia;
2. Li Ka-shing's Australian business empire, investing billions of Australian dollars in real estate, vineyards, electricity, natural gas, docks and other projects;
3. China Poly Group invested 110 million in Australia to purchase land;
4. Ruifeng invested 100 million in Sydney building;
5. Sunshine Insurance invested 463 million in Australian dollars to acquire Sheraton Sydney;
6. Country Garden enters the Australian real estate market, purchasing land in Sydney for $73 million;
7, Xu Jiayin buys Gold Coast Resort;
8, Greenland invests 480 million Australian dollars to develop the highest apartment building in Sydney;
9, Wang Jianlin spends 1.6 billion Australian dollars to "encircle land" in Australia;
10, Fuxing Fitch develops a Western Sydney apartment project for $550 million;
11, Shimao Group purchases a building in Sydney for $2 billion, which may pave the way for "going to sea";
12, China Communications Construction invests 1.15 billion Australian dollars to acquire Australia's largest construction company;
13, New Hope invests 500 million Australian dollars to invest The entire industrial chain is located in Australia;
14. Chinese tycoon Sun Xishuang bought Australia's second largest cinema chain Hoyts;
15. Beijing Agricultural Investment Fund 3 billion Australian dollars Chinese capital poured into Australia to create a truly "safe milk" for the Chinese people;
16. Chinese companies spent more than 8 million Australian dollars to buy the Keynes Hotel;
17. Chinese companies spent tens of millions of Australian dollars to acquire Australian cattle farms
. . .
Nowadays, there are countless Chinese rich people investing in Australia. The above list is also some familiar cases. The investment of these big companies and rich people is undoubtedly a weather vane.
This shows that Australia has a good investment environment, with a prosperous residential real estate market, beautiful natural environment and good long-term economic growth prospects attracting a large number of investors.
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