Search Results for: longfor

Developer Longfor Turns to Standard Chartered PE for Financing

Longfor Guanyinqiao project

A cross-border consortium of private equity investors led by a unit of Standard Chartered Bank last week put $124 million into a Chongqing real estate project in a deal that may signal a greater role for private investment funds in China's property sector.According to a statement from the bank, … [Read more...]

Soho China Says 1st-Half Profit Soared – and more of Today’s China Real Estate Links | August 21, 2013

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Here is a list of the day's latest China real estate news collected from around the web: Real Estate Developer Soho China Says 1st-Half Profit SoaredSoho China, the Beijing-based real estate developer led by billionaire couple Pan Shiyi and Zhang Xin, said first-half profit soared by … [Read more...]

China’s Real Estate Tycoons Pushed Out of Top 10 by Internet Entrepreneurs

Wang Jianlin

The downturn in China's property market during 2014 has caused trouble for many investors, but now it even seems to be driving the nation's property tycoons from the top of the country's wealth ranks.According to the latest China Rich List released by Forbes today, only one of China's ten … [Read more...]

Cinda Buys Shanghai Land and China Resources Ups Vanke Stake

Vanke Wang Shi

Late last week and into the weekend there were a number of breaking news stories, including China's bad asset bank Cinda picking up two plots of land in Shanghai, China Resources Holdings upping its stake in developer China Vanke, and financial reports from developer Longfor and China Resources Land … [Read more...]

China’s Top 10 Real Estate Developers for 2013

China Vanke's Wang Shi

A recent joint report published by two Chinese real estate groups ranks the top 500 property developers in China and compares their outlooks for the coming year. The report shows China Vanke keeping its top spot among the developers, and Mingtiandi is here to share the rest of the top 10 with … [Read more...]

Not Best Time to Buy Land in China Now, Hang Lung Says – and more of Today’s China Real Estate Links | June 28, 2012

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Here is a list of the day's latest China real estate news collected from around the web:Not Best Time to Buy Land in China Now, Hang Lung’s Chan SaysLand prices in China may drop further and it is still too early to buy land in the country, said Ronnie Chan, Chairman of Hang Lung … [Read more...]

UK retailer Tesco gives up on cracking China alone after 9 years – and more of Today’s China Real Estate Links | August 12, 2013

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Here is a list of the day's latest China real estate news collected from around the web: UK retailer Tesco gives up on cracking China alone after 9 yearsAfter nine years in China, British supermarket firm Tesco (TSCO.L) is to fold its unprofitable operation into a state-run company as … [Read more...]

Investment Bank Downgrades China’s Real Estate Developers Over Lack of Land

China developer stock table

China's real estate developers will struggle to maintain growth over the next few years as many of them run out of available stock to sell and competition for new sites erodes margins and limits opportunities for expansion according to a recent report from a major investment bank.The most recent … [Read more...]

Developer Fantasia Adjusts Sales Target as Profits Fall 68 Percent

Baby Zeng Jie Fantasia Holdings

Hong Kong-listed Fantasia Holdings became the first mainland developer to cut its sales target this year after it announced late last week that it had suffered a 68 percent fall in profits during the first half of 2014.The Shenzhen-based company's struggles are seen as a possible harbinger of … [Read more...]