Google Confirms Massive UK Investment PlanOceanwide Holdings is a Beijing-based conglomerate that includes stakes in real estate, financial services, investments and energy. Its largest real estate project is Oceanwide Plaza, an ambitious $1+ billion multi-use project in downtown Los Angeles. Thomas Feng: There is limited land in all of downtown Los Angeles and mixed-use project is one solution to this. Mixed-use projects are more sustainable. Sheng: Most of Oceanwide’s real estate investments have been on either coasts and Hawaii – where there are more Chinese and Chinese-Americans.

Source: Forbes November 23, 2016 16:39 UTC