China’s real estate professionals may all be fleeing typhoons and record heat, but a few hardy souls braved the job market to find new homes this month. This week we have private equity real estate expert moving to a new… Read More>>
China’s Oceanwide Holdings Buys $390M NY Project in 4th US Deal
Chinese real estate developer Oceanwide Holdings is taking on its fourth US project after agreeing to acquire a pair of Manhattan sites for $390 million.
Oceanwide acquired the project through its Hong Kong-listed subsidiary, China Oceanwide Holdings, which announced last… Read More>>
Chinese Real Estate Developer Picks Up Second Aussie Site in 30 Days
Chinese property developer Dahua Group doubled down on Australian real estate this month when it acquired its second development site down under within 30 days.
The Shanghai-based real estate company this past week bought a residential site in suburban Melbourne… Read More>>
China Real Estate News Around the Web 2015-08-09
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Dalian Wanda Bidding $850 Mil for Parent Co of Ironman Triathalon
Chinese property and investment firm Dalian Wanda Group is in… Read More>>
Chinese Billionaire Buys Home of Aussie Casino King James Packer for $51M
Australia’s fourth-richest man, James Packer, just sold his 3,345 square metre Sydney estate for a record $51 million to a property developer from southern China’s Guangdong province.
Packer, who runs the Crown Resorts casino group and is heir to one… Read More>>
Swire Planning 124,000 Sqm Mall for Shanghai’s Qiantan Area
Swire Properties, which is planning to open a 321,000 square metre commercial complex in Shanghai’s Jing An District next year, now has big plans for Pudong as well.
The Hong Kong-based developer recently announced that it has signed a framework… Read More>>
Carlyle & CLSA Sell Shanghai Office Building to Yuexiu REIT for RMB 2.63B
A company belonging to private equity firms Carlyle Group and CLSA Capital Partners has sold an office tower in Shanghai’s Pudong district to Hong Kong-listed Yuexiu REIT for RMB 2.63 billion ($423 million).
Yuexiu REIT, which is controlled by Guangzhou-based… Read More>>
Shui On CFO Daniel Wan Resigns Amid Asset Sales
Daniel YK Wan has resigned from his post as chief financial officer for Shui On Land, as the highly geared Hong Kong-listed developer struggles to reignite investor enthusiasm.
Wan, who was also an Executive Director and Managing Director at the… Read More>>
China Real Estate News Around the Web 2015-08-05
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Barclays Points to Risks in China’s Slowing Real Estate Sector
The plunge in Chinese equities has grabbed all the attention in… Read More>>
CapitaLand Investing $87M in Apartment Sharing With China’s Tujia.com
China’s unused apartments might soon become serviced apartments or vacation rentals after Singapore’s CapitaLand agreed to invest a total of $87 million with online apartment sharing platform Tujia.com
Tujia, which is frequently referred to as the AirBnB of China, received… Read More>>
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