A Chinese investment firm, Pub Li City, has acquired Melbourne's Prince of Wales hotel for a reported $45 million.
The company is registered to Chinese-born national Jiyuan Louis Li, with two other shareholders, Jie Li and Wenxiu Zhao - Australia's The Age is reporting. The Chinese investor was also behind the purchase of the heritage-listed Maria George building in Melbourne last year. (The property includes a boutique hotel with 39 suites and a permit for a 32-storey apartment development)
To see listing and email addresses of investors from China similar to Pub Li City, check the Chinese Investors Directory.
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