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Michael Cole

Guo Guangchang

Fosun Boss Reappears Before Vanishing Again – and More China Real Estate Headlines 2015-12-15

2015/12/15 by Michael Cole Leave a Comment

Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:

Fosun’s Guo Guangchang Reappears – Then Vanishes Again

Following a weekend of speculation about one of China’s most famous businesses executives,… Read More>>

Ordos Museum

China Ghost City Developer Could Default on $186M Bond This Week

2015/12/14 by Michael Cole

One of China’s most famous ghost cities could churn out a new kind of horror this week after a real estate developer based in the Inner Mongolian city of Ordos revealed last week that it is struggling to repay bonds… Read More>>

demolition crew

The Year in China Real Estate – Mingtiandi’s Biggest Stories of 2015

2015/12/14 by Michael Cole Leave a Comment

Through nearly 12 months of 2015 China’s real estate market has weathered the defaults of a major developer, witnessed the end of a year-long slide in home prices and seen a series of government efforts to rekindle investment in the… Read More>>

simon baxter

Greater China Real Estate People in the News 2015-12-14

2015/12/14 by Michael Cole Leave a Comment

It’s just about time to find out who’s been naughty or nice in 2015, and a few lucky souls in Greater China’s real estate community seem to have received plum new roles in time for the holidays. This week a… Read More>>

Li Ming

Wharf Sells 6% Stake in Sino-Ocean to Mystery Buyer for $284M

2015/12/12 by Michael Cole Leave a Comment

The battle for shares in China’s largest property developers surged to a new level late last week after Hong Kong real estate giant Wharf Holdings revealed on Thursday that it would be selling its 5.93 percent stake in Sino-Ocean Land… Read More>>

Hong Kong home buyers

HK Home Prices Set to Slide 5% by February and more China Real Estate Headlines 2015-12-12

2015/12/12 by Michael Cole Leave a Comment

Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:

HK Homes Prices Set to Slide 5% by February

Hong Kong’s home prices have continued their downward momentum with average home… Read More>>

Guo Guangchang

Fosun Chairman Guo Guangchang Said to Be Detained Amid Graft Sweep

2015/12/11 by Michael Cole Leave a Comment

Guo Guangchang, chairman of China’s largest private investment conglomerate, Fosun International, was reportedly detained by police yesterday amid a deepening anti-graft campaign.

Fosun made headlines internationally in 2013 by purchasing Chase Manhattan Plaza in New York for $725 million, and… Read More>>

corporate avenue 3

Shui On Selling Corporate Avenue 3 to HK Sauce Maker and Vanke for RMB 5.7B

2015/12/11 by Michael Cole Leave a Comment

Shui On Land parted with another jewel in its crown of downtown Shanghai assets yesterday when the Hong Kong-listed developer agreed to sell the Corporate Avenue 3 building to a unit of oyster sauce heavyweight Lee Kum Kee and developer… Read More>>

Michael Mai ICD

Chinese Developer Gets Go-Ahead for $146M Sydney Tower Project

2015/12/10 by Michael Cole Leave a Comment

ICD Property, a Chinese-owned developer based in Australia, has won approval along with a local builder for a A$200 million ($146 million) project to redevelop the site of a social club in Sydney into a 48-storey tower, incorporating condominiums and… Read More>>

kaikai dessert

HK Cafe Gets Michelin Mention, Landlord Doubles Rent and More Real Estate Headlines 2015-12-10

2015/12/10 by Michael Cole Leave a Comment

Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:

HK Dessert Shop Gets Michelin Mention, Landlord Doubles Rent

A Michelin-recommended restaurant has been forced to up sticks and move after… Read More>>

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