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>>
Fosun Chairman Guo Guangchang Said to Be Detained Amid Graft Sweep
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>>
Shui On Selling Corporate Avenue 3 to HK Sauce Maker and Vanke for RMB 5.7B
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>>
Chinese Developer Gets Go-Ahead for $146M Sydney Tower Project
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>>
HK Cafe Gets Michelin Mention, Landlord Doubles Rent and More Real Estate Headlines 2015-12-10
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>>
China to Loosen Hukou Rules in Smaller Cities to Lower Housing Inventories
China’s central government is taking aim at the country’s backlog of unsold homes, and intends to allow more of its rural citizens to move into the country’s smaller cities to help buy up unwanted housing there, according to official media… Read More>>
Fosun Plans 5 New Mainland Club Meds Each Year and More China Real Estate Headlines 2015-12-09
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Fosun Plans 5 New Mainland Ski Resorts Each Year in Club Med Expansion
Club Mediterranee, the French holiday group controlled by… Read More>>
Anbang Invests $1B in Sino-Ocean as Insurers Raise Stakes in Mainland Developers
China’s insurance giants have featured in news of overseas real estate acquisitions this year, but now appear to be raising their investments in the mainland’s property market as well.
During the past week Anbang Insurance, which became famous internationally for… Read More>>
Land Prices Soar in First Tier Cities and More China Real Estate Headlines 2015-12-08
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Land Prices Soar in China’s 1st Tier Cities as Hopes Rise for Future Boom
In the Chaoyang district of northeast Beijing,… Read More>>
R&F Pays 3X Price for Aussie Site Dumped By Local Developer Over Contamination
Guangzhou R&F, already one of China’s most prolific cross-border real estate investors has made a bold gamble in the Australian property market by paying a local developer triple the price that it had paid two years earlier for a site… Read More>>
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