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Sun-Hongbin Sunac

RMB 16B Western China Deal Makes Sunac Owner of World’s Biggest Building

2019/12/23 by Jan Kot Leave a Comment

Sunac China Holdings has racked up RMB 16.31 billion ($2.32 billion) in land and property acquisitions in less than two weeks, extending a buying binge in second-tier cities and further boosting the Tianjin-based developer’s outsize project pipeline.

On 6 December,… Read More>>

Yangpu-Riverfront

Commercial Site in Shanghai’s Yangpu District Sells for RMB 4.6B

2019/12/17 by Jan Kot Leave a Comment

A trio of state-owned developers has agreed to pay RMB 4.6 billion ($650 million) for a land parcel in Shanghai’s Yangpu district that is earmarked for up to 147,000 square metres of office and research and development space.

The 36,800… Read More>>

GIC CEO Lim Chow Kiat

GIC Forms $412M US Shopping Centre JV With NYSE-Listed RPT Realty

2019/12/12 by Jan Kot Leave a Comment

Singapore’s sovereign wealth fund, GIC, has established a $412.4 million shopping centre joint venture with New York Stock Exchange-listed RPT Realty, according an announcement by the US real estate investment trust this week.

The $100 billion government investment vehicle is… Read More>>

Pansy Ho Shun Tak

Shun Tak JV Paying RMB 4.7B to Buy 50% of Mega-Project on Shanghai’s Suzhou Creek

2019/12/09 by Jan Kot Leave a Comment

Shun Tak Holdings, the Hong Kong-based holding company of casino billionaire Stanley Ho is taking a gamble on a long-stalled Shanghai project, after leading a joint venture which acquired a half-stake in a site along Suzhou Creek, just a quick… Read More>>

Peter Lee and Martin Lee Henderson

Henderson Buys Out Aging Hong Kong Building to Acquire New Territories Site

2019/12/07 by Jan Kot Leave a Comment

Hong Kong’s Henderson Land Development has added another project site to its land bank in its home city by acquiring the last three units in a building in the New Territories’ Tai Po town.

The blue chip developer recently paid… Read More>>

wang jianlin

Wanda to Open 17 Malls This Month on Way to 323 Plaza Portfolio

2019/12/07 by Jan Kot Leave a Comment

Dalian Wanda Group has announced that it will be opening 17 Wanda Plaza shopping centers this month after China’s largest commercial real estate developer celebrated the opening of its 300th plaza in the Hubei provincial city of Xianning in late… Read More>>

Pony Ma Tencent

Tencent Pays RMB 8.5B for Mixed-Use Site on Shenzhen’s Qianhai Bay

2019/12/04 by Jan Kot Leave a Comment

The Shenzhen government has awarded tech giant Tencent an 809,124 square metre (8.7 million square foot) plot of reclaimed land to develop a “future city” focused on technology and innovation, according to an announcement by the city’s Land and Real… Read More>>

Lu Wing Chi

Hong Kong’s SEA Holdings Said Buying London’s Sanctuary Buildings From Hana JV for £300M

2019/12/03 by Jan Kot Leave a Comment

Hong Kong-listed SEA Holdings is said to have purchased London’s Sanctuary Buildings from a Hana Alternative Asset Management-led consortium less than a year after the Korean investors bought the property from Blackstone, according to a local media report.

The consortium,… Read More>>

jason hui

Shimao Buys Beijing Residential Site for RMB 850M

2019/12/02 by Jan Kot Leave a Comment

Shimao Properties, mainland China’s eleventh largest developer by contracted sales, has agreed to pay RMB 850 million ($115 million) for a residential site in Beijing, according to the city’s Land Bureau.

The Hong Kong-listed developer controlled by tycoon Hui Wing… Read More>>

Raymond Kwok Sun Hung Kai

Sun Hung Kai Buys West Kowloon Site for HK$42B as Market Slides

2019/11/30 by Jan Kot Leave a Comment

The Hong Kong government has sold the biggest plot of land ever put on sale in the Asian financial hub to Sun Hung Kai Properties for HK$42.23 billion ($5.4 billion), according to an announcement by the city’s Lands Department.

The… Read More>>

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