Vanke, China's largest developer by revenue, will buy the stake from Singapore's Keppel Land Ltd.
The stock of major property developer China Resources Land Ltd.
"We see (overall) market transactions picking up, as the government is making it easier for first-time home buyers, " said Vincent Lo, chairman of Shanghai-based developer Shui On Land Ltd.
Little is known about South Wales Land Developments Ltd, the company which has acquired the land.
The land was bought by a Guernsey-registered company called South Wales Land Developments Ltd in March.
When BBC Wales originally reported on the Wales Audit Office investigation earlier this month, Langley Davies, who is managing the property portfolio on behalf of South Wales Land Developments Ltd, said there was significant claw back, but would not say how much, or at which sites.
Cumbria-based Land and Lakes Ltd has plans for a 29-acre site at Penrhos near Holyhead and 360 more houses at a nearby site at Kinglsand.
As did Isobel McCallum from the Highlands and Islands Agricultural Group, Dr Andrew Moxey the director of Pareto Consulting, Andrew Midgeley from Scottish Land and Estates Ltd and William Houstoun from Angus Growers Ltd.
The council had looked at building the arena on land owned by Montpelier Estates Ltd (MEL), but later opted for a site on Clay Pit Lane.
Mr and Mrs Davis are suing local landowners - RC Tinsley Ltd and Nicholas Watts - on whose land some of the turbines are sited, as well as Fenland Windfarms Ltd and Fenland Green Power Cooperative Ltd, who own and operate them.
Councillor Paul Bell, who chairs the resources committee and is also leader of the council, supported the idea of the council using its powers to force developers Wellmere Ltd to sell the land to Bovis Homes.
BBC: Stanton Cross homes plan: Council could force land sale
Two previous bids to site a supermarket on land formerly occupied by Oregon Timber Frame Ltd had already been turned down.
Bovis Homes Ltd has already secured the land required for three other access points, having acquired land from Whitworths, the borough council and land owned by Network Rail.
BBC: Stanton Cross homes plan: Council could force land sale
According to the council, negotiations between Bovis Homes Ltd and Wellmere Ltd, the owner of the remaining access land, had stalled.
BBC: Stanton Cross homes plan: Council could force land sale
They turned down the application by ABO Wind UK Ltd to site eight turbines, each 125m high, on land north west of the village of Roberton.
BBC: Barrel Law wind farm proposal rejected amid radar fears
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