Chinese Developer Invests in London for First Foray into Europe

Chinese developer Greenland Group has purchased the sites of two proposed two high-rise developments in London for £1.2 billion. This is the first acquisition in Europe by Greenland Group, which is one of the largest developers in the world.

1 minute read

January 7, 2014, 1:00 PM PST

By James Brasuell @CasualBrasuell


Greenland Group, the Chinese state-owned developer who recently made a splash by entering a joint venture partnership with Forest City Enterprises in New York on the Atlantic yards site, has purchased the 7.75 acre Ram Brewery site in London’s Wandsworth town centre and another site in Canary Wharf for £1.2 billion from developer Minerva.

Iain Withers reports the Greenland’s Groups plans for the Ram Brewery site: “The Wandsworth site has outline planning permission for a 36-storey tower incorporating 166 flats and 9,500 sqm of commercial space for new shops, cafes, bars and restaurants, alongside 661 new homes and restoring some of the historic brewery buildings.”

The plans for the Canary Wharf will become London’s tallest luxury residential building, totaling 98,000 square meters of development.

Zhang Yuliang, chairman and president of Greenland Group, cited London’s role as global financial center, as well as an open and mature city, as the reasoning behind the decision to enter Europe through London.

Tuesday, January 7, 2014 in Building.Co.Uk

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Aerial view of town of Wailuku in Maui, Hawaii with mountains in background against cloudy sunset sky.

Maui's Vacation Rental Debate Turns Ugly

Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.

July 1, 2025 - Honolulu Civil Beat

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

July 2, 2025 - Diana Ionescu

White and purple sign for Slow Street in San Francisco, California with people crossing crosswalk.

San Francisco Suspends Traffic Calming Amidst Record Deaths

Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.

July 1, 2025 - KQED

Aerial view of heavily damaged mobile homes after a hurricane in Florida.

Florida Home Insurers Disproportionately Dropping Low-Income Households

Non-renewal rates are highest in inland counties, not the coastal areas most immediately vulnerable to storms.

45 minutes ago - Inside Climate News

"Altadena - Not For Sale" yard sign in front of burned down house after Eaton Fire in Altadena, California in January 2025.

Half of Post-Fire Altadena Home Sales Were to Corporations

Large investors are quietly buying up dozens of properties in Altadena, California, where a devastating wildfire destroyed more than 6,000 homes in January.

July 7 - Dwell

Dense multistory residential buildings in hilly San Francisco, California.

Opinion: What San Francisco’s Proposed ‘Family Zoning’ Could Really Mean

Mayor Lurie is using ‘family zoning’ to encourage denser development and upzoning — but could the concept actually foster community and more human-scale public spaces?

July 7 - The San Francisco Standard

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.

Associate/Senior Planner

Gallatin County Department of Planning & Community Development

Senior Planner

Heyer Gruel & Associates PA