State-owned developer Beijing Capital Land said it will continue to expand its footprint in Australia despite tightened controls on capital outflows.
“We will continue to strengthen our presence in Australia, and this year we’re considering entering Melbourne,” Tang Jun, president of Beijing Capital Land said at the annual result briefing in Hong Kong on Tuesday.
Beijing Capital Land currently has several residential projects in Sydney and Brisbane, reflecting its lead…
Source : South China Morning Post
Read more…Beijing Capital Land posts 2pc drop in 2016 net profit, says it will continue Australia home building drive
