China’s rapidly growing ecommerce market and the rage for O2O helped make Alibaba’s $25 billion 2014 IPO the world’s largest ever. Now two other top brands in China, Evergrande Real Estate and Internet giant Tencent, seem to be looking to… Read More>>
Greater China Real Estate People in the News 2015-08-03
This week Greater China’s real estate professionals are not only changing jobs, but shifting across countries and continents in search of the perfect workplace. Plus, a real estate private equity veteran decides the cross-border capital raising business is too tempting… Read More>>
Li Ka-Shing Said Selling Pudong Property for RMB 20 Bil
Cheung Kong Property Holdings, the real estate company belonging to billionaire Li Ka-shing is reportedly selling its Century Link commercial project in Shanghai for RMB 20 billion ($3.22 billion).
Should the sale of the as-yet-unopened 360,000 square metre Pudong complex… Read More>>
China Home Prices Keep Momentum in July
China’s housing prices continued to rebound in July, rising by 0.54 percent compared to June, as the country’s real estate recovery refused to wilt in the summer heat.
The average home price nationwide now stands at RMB 10,685 ($1,721) per… Read More>>
Fosun Focuses on Europe with $381M Milan Real Estate Deal
China’s Fosun International continues to bet on Europe as the private investment giant confirmed this week that it is buying a landmark Milan office building.
The Shanghai-based company led by billionaire Guo Guangchang is said to be paying 345 million… Read More>>
China Real Estate News Around the Web – 2015-07-30
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Country Garden to Issue $966M in RMB Bonds
Chinese developer Country Garden Holdings Company Ltd said on Thursday a subsidiary had… Read More>>
Dalian Wanda to Close 120 Venues as Retail Business Struggles
Dalian Wanda, the commercial real estate developer controlled by Chinese billionaire Wang Jianlin, is planning to close 40 of its department stores and 80 other venues as the company shifts its focus to new business areas such as ecommerce and… Read More>>
CHINA REAL ESTATE NEWS AROUND THE WEB – 2015-07-28
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Wanda Aims to Be World’s Largest Tourism Enterprise by 2020
Dalian Wanda Group, China’s biggest commercial property developer, plans to surpass Disney’s… Read More>>
Morgan Stanley Sells Australian Property Portfolio to CIC for $1.79B
Morgan Stanley Real Estate Investing announced today that it has agreed to sell the real estate portfolio belonging to its Australian subsidiary, Investa Property Group, to China Investment Corporation (CIC) for A$2.45 billion ($1.79 billion). The deal instantly makes the Chinese sovereign… Read More>>
Evergrande Plans to List Loss-Making Bottled Water Subsidiary
Evergrande Real Estate Group, a top-five Chinese developer noted for its daring approach to finance, announced recently that it has applied and received approval to list its bottled water subsidiary, Evergrande Spring, on China’s New Third Board.
The bottled water… Read More>>
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