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Chinese firm eyes US, Iceland property markets

By Juwai, 20 December 2012
ChinaDaily CN
Despite setbacks in his attempts to purchase land parcels in Iceland, Huang Nubo, chairman of Zhongkun Investment Group, said he will continue to explore property markets in Northern Europe and the United States. Li Jing reports for China Daily. December 19, 2011. Huang plans to increase the value of the company's investments in the US from the existing $200 million to $1 billion. The company also recently acquired a $10.25 million office building in Los Angeles.