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Michael Cole

Evergrande Xu Jiayin

Evergrande to Buy Shenzhen-Listed Developer Calxon for $554M

2016/04/25 by Michael Cole Leave a Comment

Evergrande Real Estate continued its string of acquisitions this week by agreeing to buy a 52.78 percent stake in Shenzhen-listed real estate developer China Calxon Group for RMB 3.6 billion ($553.8 million), according to a statement by Evergrande to the… Read More>>

heiming cheng harvey coe

Warburg Pincus-backed D&J China Buys 40% Stake in KaiLong

2016/04/25 by Michael Cole Leave a Comment

US private equity giant Warburg Pincus last week followed up on its successful investment in logistics developer e-Shang Redwood Group, by acquiring a 40 percent stake in Shanghai-based value-added real estate investment firm Kailong.

The alternative investment firm paid an… Read More>>

brenda-chung

Greater China Real Estate People in the News 2016-04-25

2016/04/25 by Michael Cole Leave a Comment

This week one of the UK’s best known developers appoints a new chief representative for China, a Shanghai builder adds senior management to its industrial team, and some international talent heads south from Shanghai to Hong Kong. Read on for… Read More>>

61 Broadway NYC

China Orient Asset Management Buys Stake in NY’s 61 Broadway for $216M

2016/04/24 by Michael Cole Leave a Comment

One of China’s state-backed “bad asset banks” paid $216 million last week for a 49 percent stake in a historic New York skyscraper, as Chinese investors continue to acquire New York properties.

China Orient Asset Management (International), a Hong Kong-based… Read More>>

Evergrande Xu Jiayin

Evergrande Said at 6.2% Risk of Default as Chinese Bond Market Wobbles

2016/04/24 by Michael Cole Leave a Comment

China’s Evergrande Real Estate increased its debt load by 90 percent last year to RMB 297 billion ($45.8 billion), and now the property developer is said to have a 6.2 percent chance of defaulting on its repayments in the next… Read More>>

HNA Chen Feng

China’s HNA Group Closes on ₤140M Canary Wharf Office Building

2016/04/24 by Michael Cole 1 Comment

China’s HNA Group continued to expand globally this month by closing on a ₤140 million acquisition of 17 Columbus Courtyard, a building on London’s Canary Wharf.

The purchase of the 195,443 square foot (18,157 square metre) grade A office block… Read More>>

Wang Jianlin

Dalian Wanda Offers 12% Interest on De-Listing Scheme and More China Real Estate Headlines

2016/04/23 by Michael Cole Leave a Comment

China’s biggest billionaire is promising to make investors all a bit richer if they back his plan to de-list Dalian Wanda Commercial Properties in Hong Kong. Also, a major Singaporean developer buys a business park in the UK and China… Read More>>

Wenzhou, China

Wenzhou Charges Homeowners 33% of Housing Value as Land-Use Rights Expire

2016/04/21 by Michael Cole 2 Comments

The people of Wenzhou are known for being business trailblazers in China, and now the citizens of this eastern Chinese city are making headlines for being the first mainlanders to wrestle with the problem of expiring land-use rights.

With all… Read More>>

Wang JIanlin

Wanda Promises 3X Return for Re-listing Scheme and More China Real Estate Headlines

2016/04/21 by Michael Cole Leave a Comment

China’s richest man promises to make investors wealthier, if they will help him to privatise the country’s biggest commercial developer, plus the mainland is now officially majority urban. Hong Kongers worried about encroaching mainlandization of the SAR may soon find… Read More>>

justin-chiu

Is Li Ka-shing Fleeing Mainland Political Risk for Sunny Singapore?

2016/04/21 by Michael Cole Leave a Comment

Li Ka-shing has spent much of the last few years selling off property assets on the mainland and Hong Kong, while simultaneously fending off accusations that he is pessimistic about the outlook for Greater China.

Now Li’s Cheung Kong Property… Read More>>

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