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Michael Cole

Taikoo Li Beijing

Swire Planning 124,000 Sqm Mall for Shanghai’s Qiantan Area

2015/08/06 by Michael Cole Leave a Comment

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>>

david rubenstein

Carlyle & CLSA Sell Shanghai Office Building to Yuexiu REIT for RMB 2.63B

2015/08/06 by Michael Cole Leave a Comment

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>>

Daniel Wan Shui On

Shui On CFO Daniel Wan Resigns Amid Asset Sales

2015/08/05 by Michael Cole Leave a Comment

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

2015/08/05 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:

Barclays Points to Risks in China’s Slowing Real Estate Sector

The plunge in Chinese equities has grabbed all the attention in… Read More>>

lee chee koon

CapitaLand Investing $87M in Apartment Sharing With China’s Tujia.com

2015/08/03 by Michael Cole Leave a Comment

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>>

xu jiayin jack ma

Evergrande and Tencent Hope New O2O Venture Will Rival Alibaba

2015/08/03 by Michael Cole Leave a Comment

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>>

richard zhang

Greater China Real Estate People in the News 2015-08-03

2015/08/03 by Michael Cole Leave a Comment

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

Li Ka-Shing Said Selling Pudong Property for RMB 20 Bil

2015/08/02 by Michael Cole Leave a Comment

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 Housing Prices

China Home Prices Keep Momentum in July

2015/08/01 by Michael Cole Leave a Comment

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>>

Guo Guangchang

Fosun Focuses on Europe with $381M Milan Real Estate Deal

2015/07/30 by Michael Cole Leave a Comment

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>>

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