CITIC and Swire Plan 295K Sqm Mixed-Use Project in Dalian

Citic Swire Dalian Project

CITIC Real Estate, Dalian Port Real Estate and Swire Properties jointly announced today that the three parties have signed a framework agreement to jointly develop a project in Dalian Port.The signing took place in Dalian. Song Chuan, Chief Executive Officer of CITIC Real Estate, Liu Dan, … [Read more...]

Mapletree Sets Records with HK$3.77B Buy of Hong Kong Site

Mapletree Festival Walk mall

A fund managed by Singaporean real estate developer Mapletree set new records for land prices in Hong Kong's Kowloon district recently with its purchase of a commercial site for HK$3.77 billion (US$486 million).The successful bid by Mapletree investments, beat out competing offers by local Hong … [Read more...]

Swire Rental Income Nearly Triples So Far in 2012

Swire Beijing Sanlitun

Swire, the Hong Kong developer behind Beijing's Sanlitun Village mall has seen its income nearly triple in the first half of 2012 and much of this is due to rising rents on China's mainland.Interviewed recently by Bloomberg TV in Hong Kong, Swire CEO Martin Cubbon said that he expects the climb … [Read more...]

Hong Kong Mall Builders Go West in China – and more of Today’s China Real Estate Links | May 9, 2012

Here is a list of the day's latest China real estate news collected from around the web:Hong Kong Mall Builders Go West in ChinaHong Kong developers are heading deeper into China to lure shoppers, investing at least $1.3 billion to build malls in Chengdu, the city vying with Chongqing … [Read more...]