Mainland tourists may not make themselves welcome everywhere they go, but Hong Kong’s malls seem to be missing the Renminbi-carrying shopping hordes in 2016. Plus, New World Group turns from art to kid stuff to pull in visitors for their… Read More>>
Country Garden Buys Foshan Project from Shui On for RMB 1.7 Bil
Hong Kong-based developer Shui On Land continued to part with once-prized assets this month by selling a project in Foshan, Guangdong province to mainland developer Country Garden for RMB 1.73 billion ($267 million).
Shui On, which once rebuilt the concept… Read More>>
Derek Lai Joins UBS Asset Management’s Real Estate Team in Hong Kong
UBS Asset Management’s Global Real Estate division has appointed Derek Lai as Senior Portfolio Manager, to be based in Hong Kong.
In his new role, Lai will be responsible for defining and implementing strategic initiatives in the region for an… Read More>>
Wang Jianlin Building Chicago’s Priciest Penthouse and More China Real Estate Headlines
China’s richest man is hoping to bring New York luxury (and Manhattan real estate prices) to the Midwest, while major mainland developers are keeping calm about the 2016 outlook, despite a first quarter market recovery. And another type of land… Read More>>
Greater China Real Estate People in the News 2016-04-18
China’s first quarter results are in and the career story for Greater China’s real estate professionals seems to be a barrage of promotions, rather than layoffs – so it seems like the mainland’s stimulus program might be working. This week… Read More>>
Faith in Govt Inspires 6.2% Growth in China Real Estate Investment
China’s real estate markets produced a major upswing in new investment, growth in land sales and housing sales in the first quarter, following the government’s December commitment to destock an overhang of unsold homes.
Growth in new real estate investment… Read More>>
Goodman Could Grow China Platform by 2 Mil SQM as Logistics Race Heats Up
Fresh from opening a new 110,000 square metre warehouse facility in suburban Shanghai, the head of Goodman Group says the Australian industrial developer could add 63 percent to the size of its Greater China logistics portfolio.
Greg Goodman, whose warehouse… Read More>>
Evergrande Real Estate May Be Too Big to Fail and More China Real Estate Headlines
China’s most indebted real estate developer could be more dangerous dead, than it is alive, according to a recent research report. Plus, a New York senator defends the portrayal of Manhattan as a low-employment area, and Hong Kong luxury apartments… Read More>>
Yuexiu Property Sells Stake in Guangzhou Project to Ping An for RMB 2.3 Bil
Yuexiu Property yesterday announced that it is selling a minority stake in a project in Guangzhou to a subsidiary of Ping An Real Estate for RMB 2.3 billion ($359 million).
The two government-linked mainland firms have entered into a preliminary… Read More>>
Shanghai Housing Measures Trigger Divorce Boom and More China Real Estate Headlines
Shanghai officials may have set out to cool down its housing but a set of stiffer downpayment rules for families buying second homes seems to instead being breaking up some marriages in the real estate-mad city. Meanwhile, Australia’s Goodman Group… Read More>>
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