Aggressive bets by China Evergrande helped the top five developer watch its profits slow by nearly a quarter during the first half of this year, while the Wall Street Journal discovers that Chinese developers have discovered America. Meanwhile, Chinese banks… Read More>>
Wang Jianlin Shares Lessons on How to Be a Tycoon and More Asia Real Estate Headlines
Wang Jianlin’s life advice on how to become a billionaire have gone viral on Chinese social media this week, while more mainlanders get creative in finding ways to borrow more money to buy homes, and there are many more stories… Read More>>
Asia Real Estate People in the News 2016-08-29
Summer is nearly over, and many of Asia’s real estate professionals are going back to work at a new desk after the summer holidays. This week, China’s richest man loses a team member to a cross-border private equity shop, a… Read More>>
Wanda Expects Culture Revenues to Rise 30% in 2016 and More Asia Real Estate Headlines
China’s richest man has high hopes for his company’s investments in cinema, sports and theme parks, with Wang Jianlin predicting that revenues from Dalian Wanda’s cultural division will rise 30 percent this year. One of Canada’s biggest investors, however, is… Read More>>
Christian Ulbrich Takes Over From Colin Dyer as JLL Global CEO
JLL announced today that Christian Ulbrich, who has been the property consultancy’s president since June, will also assume the position of Chief Executive Officer effective October 1, 2016. Ulbrich succeeds Colin Dyer, who will retire from JLL at the end… Read More>>
Shanghai Could Require 50% Downpayments and More Asia Real Estate Headlines
Home prices are hitting new records in Shanghai and the government seems to be unhappy. The result for homebuyers could be minimum 50 percent down-payment levels and the upshot for developers could be lower demand for housing. Plus, China’s biggest… Read More>>
Knight Frank Appoints Bunny Wang Head of Intl Capital Markets and Project Marketing for China
The flood of Chinese capital into foreign real estate markets is claiming more of the attention of international property brokerages, and UK-based Knight Frank made its own bid to capture a bigger slice of mainland cash today by announcing Bunny… Read More>>
E-Shang Redwood Wins LEED Gold for Kunshan Warehouse
Regional warehouse developer e-Shang Redwood (ESR) has won LEED Gold certification for its Redwood Kunshan Distribution Centre 1 in Kunshan, Jiangsu province, a burgeoning logistics hub just west of Shanghai.
The 61,851 square metre, two-storey facility won the high level… Read More>>
Dalian Wanda on the Hunt for Hollywood Studios and More Asia Real Estate Headlines
China’s richest man remains determined to go Hollywood, as Dalian Wanda boss Wang Jianlin revealed this week that he plans to buy a top US movie studio. Another headline grabber is back in the news today with Anbang Insurance reportedly… Read More>>
Country Garden Expects $3 Bil in 2016 Sales From Malaysian Megaproject
One of China’s biggest builders is counting on a surge of sales from a $121 billion project it is building on a set of reclaimed islands between Malaysia and Singapore to bring in more than $3 billion in new sales… Read More>>
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