Wednesday, March 18, 2015

Buyer of $51.8-million Vancouver home was once a duck farmer in China

Buyer of $51.8-million Vancouver home was once a duck farmer in China: "VANCOUVER -- The Chinese-language Internet is lit up with details that the buyer of a $51.8-million Vancouver mansion was once a duck farmer who became a hotel developer, and is now head of a China-based conglomerate and a member of the Chinese People’s Political Consultative Conference, a high-profile advisory body in China.

The Vancouver Sun reported last week that businessman Chen Mailin and his Vancouver-based company Chunghwa Investment (Canada) Co. bought the 25,000-square-foot home on three lots in Point Grey.

The deal, which closed December 2014, is thought to be one of the biggest residential sales in B.C."



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