Hongkong Land, known for being the biggest landlord in Hong Kong’s Central district, on August 10th bought a new residential site in Nanjing’s Jiangbei District for RMB 4.49 billion ($652 million), as the Hong Kong developer continues to take on… Read More>>
After 12 years of enjoying rock-bottom interest rates, mortgage-holders in the world’s most expensive city in which to buy a home saw their days of cheap financing come to an abrupt end this past week as some 13 banks announced… Read More>>
Two years after acquiring the Minnesota-based hotel group now known as Radisson Hospitality, Hainan-based conglomerate HNA has agreed to sell off its interest in the 1,400 venue hotel chain to a consortium led by Shanghai-based Jin Jiang International Holdings, according… Read More>>
In less than three weeks time, China’s third biggest real estate developer in terms of sales made three land purchases in Shanghai, spending more than RMB 12.8 billion ($1.87 billion) on site acquisitions in China’s most prosperous city.
The latest… Read More>>
China’s top two developers saw their profits grow by at least 50 percent in the first half of the year, according to financial results released this week.
Guangdong-based Country Garden and Shenzhen’s Evergrande, China’s two largest real estate developers in… Read More>>
Less than three months after revealing that it had defaulted on more than RMB 1.1 billion ($174 million) in debts, beleaguered Chinese real estate developer Zhonghong Holdings is struggling to explain a deal with Shenzhen-based Kaisa Group that could bring… Read More>>