Chinese investments
In addition to the recent Metropolis land purchase in downtown Los Angeles, here is a selection of other Southern California properties bought by Chinese investors in recent years.
OCEANWIDE SITE, DOWNTOWN L.A.
Developer Oceanwide Real Estate said in December it spent up to $200 million to buy a 4.6-acre site in downtown L.A. across from Staples Center.
SHERATON GATEWAY LOS ANGELES HOTEL
Hazens Investment bought the hotel for $96 million in December.
TORRANCE MARRIOTT SOUTH BAY
Sichuan Xinglida Group Enterprises Co. bought the hotel for $74 million in November.
FULLERTON MARRIOTT
AVIC Shenzhen bought the hotel for $23 million in 2013.
HILTON ONTARIO
Velocity Investment Group bought the hotel across from Ontario Airport for $18.5 million in 2012.
SHERATON UNIVERSAL
Shenzhen New World Group Co. bought the hotel overlooking Universal City in 2011 for a reported $90 million.
LOS ANGELES MARRIOTT DOWNTOWN
Shenzhen New World Group Co. bought the hotel at 333 S. Figueroa St. for an estimated $60 million in 2010.
ROBINSONS-MAY SITE
Investors from Hong Kong and Singapore bought the department store building in Beverly Hills for $148.3 million in 2010.
TWO NORTH LAKE PASADENA
Singpoli of Arcadia, with partners in Hong Kong, bought the office building for $52 million in 2009.