Greenland Holding Group Co., one of the largest Chinese investors in the U.S., sold about A$275 million ($250 million) of apartments at its first Australian project as buyers snapped up almost all of the units offered.
Warren Buffett’s NetJets Inc. will employ bigger, more luxurious jets to target increasing demand for its fractional-ownership program in fast-growing East European markets led by Russia, Turkey and Ukraine.
Hamburger Hafen & Logistik AG, the handler of about three in four containers at Hamburg’s port, posted a 16 percent drop in nine-month profit as modernization of a terminal drove up costs. The shares fell the most in three months.
Shanghai Zendai Property Ltd. plans to transform a Johannesburg suburb into the “New York of Africa” with an 80 billion rand ($7.8 billion) investment over the next 15 years, Chairman Dai Zhikang said.