A buy-and-hold strategy may be changing over to a buy-and-sell business model for one of the mainland’s best known property developers, after SOHO China chairman Pan Shiyi revealed this week that the company would sell three more of its Shanghai… Read More>>
Paul McGarry Named Asia Head as Goodman Reworks Regional Management
Australian industrial developer Goodman Group has appointed Paul McGarry as head of its Asia operations, as the company restructures its management following the departure of long-time Greater China head Philip Pearce last month.
In the newly created top role for… Read More>>
China Home Price Recovery Slows as Restrictions Bite and More Asia Real Estate Headlines
China’s latest round of market data has been released, showing average home prices grew in fewer cities in July after housing sales restrictions were adopted in more cities. Also in the news, Evergrande continues its pursuit of a larger stake… Read More>>
Shanghai’s New Land King Ready to Sell Zhabei Homes at RMB160k/SQM
A little-known developer made a big splash in Shanghai this week by paying the highest price ever for land in China’s most expensive city.
Fujian-based Ronshine China Holdings is China’s new land king after beating out 17 rival bidders to… Read More>>
Colliers Appoints Li Jie as Managing Director for North China
Colliers International has appointed Li Jie (李杰) as Managing Director for the NASDAQ-listed property services firm’s North China business, according to a recent announcement by the company.
Li, who will be based in Beijing, joins Colliers from competitor JLL and… Read More>>
State-Owned Developers Claiming Larger Stake in China Market and More Asia Real Estate Headlines
First-half financial results have begun to be tallied for the mainland’s cohort of property developers, and many analyst expect the figures to show the growing dominance of state-run companies in the sector. Also in the news, less than a year… Read More>>
JLL Acquires SG-Based Design Firm PDM
JLL has acquired Singapore-based interior design firm PDM International as the property consultancy seeks to expand its design, construction and fit-out capabilities in Asia.
The acquisition is part of a consolidation wave in the global real estate services industry and… Read More>>
JP Morgan Eyes Aussie Assets After $250M Calpers Deal and More China Real Estate Headlines
Fresh off of raising $250 million from CALPers for its Asia Pacific core property fund, JP Morgan appears to be focusing on opportunities in Australia. China’s second-tier cities may hold more promise for SOHO China, however, as the office developer… Read More>>
Shenzhen Kingkey Plans 739-Metre Supertall to Top Shanghai Tower
At 632 metres, the Shanghai Tower has been China’s tallest building since it topped out in 2013, however, if one of Shenzhen’s biggest developers has its way, a new supertall structure in the southern metropolis could soon take the mainland’s… Read More>>
Asia Real Estate People in the News 2016-08-15
While many of us have been sunning ourselves by the lake or winding our way through airport lines this August, the more industrious members of Asia’s team of real estate professionals continue to move on to new and bigger roles,… Read More>>
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