It’s safe to say new China Life Insurance Chief Financial Officer Zhao Lijun has a lot on his plate now that he has received approval from the China Insurance Regulatory Commission and finally gotten to work. The firm announced a… Read More>>
While Hong Kong’s Lifestyle International is best known for putting on sales at its Sogo department stores, the publicly listed company has been doing a bit of shopping of its own in the city’s red-hot real estate market.
The department… Read More>>
A couple of heavy hitters in Hong Kong are having a less than stellar start to the week. Shenzhen shopkeepers are not happy with tycoon Li Ka-shing and claim they have been cheated by his CK Hutchison Holdings. Meanwhile, elected… Read More>>
Vietnam may have once been famous for war, but now the southeast Asian powerhouse means business, and Singapore’s CapitaLand is betting that those businesses will need offices.
After investing in residential and serviced apartment projects in Vietnam since 1994, Singapore’s… Read More>>
While China had Singles’ Day earlier this month, Friday brings about the biggest shopping day in America, Black Friday. Not to be outdone by overzealous shoppers looking to grab the hottest toy, several real estate players made their own purchases… Read More>>
When Ronnie Chan took over from his father to become chairman of Hang Lung Group in 1991, his youngest son was only nine years old. Some 25 years later Adriel Wenbwo Chan has been named an executive director at Hang… Read More>>
Less than three months after selling a 49 percent stake in six of its existing mainland malls, Chinese retail developer Joy City has put some of its cash hoard to work buying a Shanghai shopping centre from the UK’s Grosvenor.
It may be Thanksgiving in the US today, but some of those in the real estate industry outside of America won’t be giving thanks on this Thursday. James Packer is reeling after Chinese authorities arrested three of his employees while… Read More>>
In a case of “I’ll scratch your back if you scratch my back”, Australia’s Macquarie Capital is partnering with China Jinmao to launch a real estate investment platform. The proposed investment vehicle would provide Macquarie with access to mainland investors,… Read More>>
It looks as if the US government has beaten Chinese developer Greenland Group to a 41 percent stake in Park Lane Hotel, following the Shanghai-based company’s quiet retreat from a Manhattan acquisition it first announced in May of this year.