One of China’s most challenged real estate markets tries out a no money down policy on home sales, while housing prices in most of the biggest cities on the mainland continued to rise in February. Also, one of the region’s… Read More>>
Country Garden Says It Will Take Over Shui On Project in Foshan
Mainland developer Country Garden announced recently that it has signed a preliminary agreement with Shui On Land to buy a major stake in the Hong Kong-listed builder’s Foshan Lingnan Tiandi project in the southern Chinese city of Foshan. A report… Read More>>
Evergrande Invests $500M in Mainland Bank and More China Real Estate Headlines 2016-03-01
China’s most indebted developer continues its expansion campaign by taking a stake in a Shenyang bank, while mainland developers buy up new projects in Brooklyn and Sydney as profits back home take a beating. Read on for all these stories… Read More>>
Greenland Group Proposes Deal for Brooklyn’s Biggest Office Building at Pacific Place
Greenland Forest City, a partnership between China’s second largest real estate developer and New York firm Forest City Ratner, is proposing to build Brooklyn’s biggest office tower, according to an outline plan presented to community representatives in New York last… Read More>>
2 Chinese Property Developers Tied to Outsized Aussie Political Donations
China’s investments in Australia’s property market have often been hailed by politicians as a source of economic growth for the country, but reports this month indicate that the activities of at least two mainland developers may also have had direct… Read More>>
Greater China Real Estate People in the News 2016-02-29
This week the region’s crew of real estate professionals finding new opportunities includes a veteran private equity pro helping a Hong Kong shop gain a foothold in New York, and a major consultancy bringing on experienced hands as it builds… Read More>>
Everbright Buys Wanchai Tower for $1.29B as Mainlanders Gobble Up Hong Kong
Mainland financial giant China Everbright announced late on Thursday that it has agreed to purchase the Dah Sing Financial Centre in Hong Kong’s Wanchai district for HK$10 billion ($1.29 billion), as Chinese giants continue to buy up real estate assets… Read More>>
Wanda Confirms Investment in $3.4B French Leisure Destination
Dalian Wanda Group, the property, entertainment and finance conglomerate controlled by billionaire Wang Jianlin, confirmed on Friday that it will co-invest with France’s Auchan Group in the 3.1 billion euro ($3.4 billion) Europa City leisure and retail project being developed… Read More>>
Shenzhen, Shanghai Home Prices Continue Climb and More China Real Estate Headlines 2016-02-28
China’s housing recovery continues to reflect the broader economy, as first tier cities offering white collar jobs see home prices soar, while smaller communities continue to search for a way forward amidst a slumping manufacturing sector. Also, the world’s biggest… Read More>>
Hong Kong Tops Ranks of World’s Most Expensive Offices
Hong Kong home prices may be coming down, but the city still ranks tops for the world’s most expensive office space, according to a report released today by property consultancy JLL.
Renting prime space in Hong Kong now costs an… Read More>>
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