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Michael Cole

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>>

Hong Kong mall protestors

Fewer Mainlanders Means Less Traffic for Hong Kong’s Malls and More China Real Estate Headlines

2016/04/20 by Michael Cole Leave a Comment

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>>

Lingnan Tiandi

Country Garden Buys Foshan Project from Shui On for RMB 1.7 Bil

2016/04/20 by Michael Cole Leave a Comment

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>>

UBS Hong Kong

Derek Lai Joins UBS Asset Management’s Real Estate Team in Hong Kong

2016/04/19 by Michael Cole Leave a Comment

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>>

Wanda Vista Chicago

Wang Jianlin Building Chicago’s Priciest Penthouse and More China Real Estate Headlines

2016/04/19 by Michael Cole Leave a Comment

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

2016/04/18 by Michael Cole Leave a Comment

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>>

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