Chinese Investor Dahua will Bid $3 Billion to Redevelop Fish Market in Sydney

Chinese fishing and real estate conglomerate Dahua already owns a 25 per cent stake in Sydney Fish Markets, now it wants to redevelop Blackwattle Bay. The company plans to make a $3 billion bid to redevelop Blackwattle Bay under the Baird government's Bays Precinct transformation.

The Baird government's land development agency, Urban Growth, expects to put a proposal to build 32-storey apartment towers on the public foreshore surrounding the Sydney Fish Markets to the NSW government for approval by July. If the plan is approved by the government by August, work would begin on a floating walkway connecting Glebe to Pyrmont by the end of the year.

To see a list of investors from China similar to Dahua, check the Chinese Investors Directory

More details follows