China’s largest commercial developer, Dalian Wanda, hopes to grow a bit bigger still by investing as much as $10 billion in India over the next decade.
Wanda chairman, Wang Jianlin – currently reigning as Asia’s richest man – is in… Read More>>
5 Things I Learned at Mapic’s Shanghai Retail Event
If China’s retail market is doomed, then the people in charge of opening new stores and building new malls don’t yet know about it, as more than 180 of them showed up today to attend the Retail Real Estate Market… Read More>>
Vanke Wins Approval for China’s First REIT
Vanke lost its title of China’s largest developer last year to Shanghai’s Greenland Group, but the Shenzhen-based home builder won a different prize this week by securing the right to launch China’s first real estate investment trust (REIT).
The REIT… Read More>>
Chinese Entrepreneur With 30 Islands Leading Group-Buy Tour of the Pacific
Forming purchasing groups to increase bargaining power is a Chinese tradition that’s applied to everything from buying vegetables to acquiring Shanghai apartments, but one Guangdong business baron is now setting up his own team of island buyers to tour the… Read More>>
China’s Greenland Group Picks Up 2 Sydney Sites for $131 Mil
China’s love affair with Sydney continued to pick up pace this month as Greenland Group picked up a pair of projects in Australia’s largest city for a combined A$170 million ($131 million).
The Shanghai-based developer, which outsold all other Chinese… Read More>>
Wanda Launches Online Investment Product to Crowdfund Malls
Dalian Wanda Group this week announced its first venture into online financing as China’s biggest commercial property developer looks to the Internet to fund a ten-fold increase in its fleet of shopping malls.
The real estate conglomerate controlled by Asia’s… Read More>>
China’s Ping An “Just Getting Started” on Overseas Property Buys
After investing in more than $1.4 billion of real estate in the US and the UK in the last two years, Ping An Insurance is one of the biggest players in China’s wave of outbound investment. But according to one… Read More>>
Alibaba Aims to Quintuple Its China Warehouse Space in One Year
A logistics provider belonging to the Alibaba group plans to add about four million square metres of new warehouse space to the one million that it already owns by the end of 2016 as China’s biggest ecommerce player pushes to… Read More>>
China Real Estate People in the News 2015-06-08
This week in Greater China’s world of real estate professionals an investment veteran leaves the family business of one of America’s richest families to head to Singapore, a VP from one of China’s shakiest developers decides that his future is… Read More>>
Gaw Capital Leads $725 Mil Purchase of Seattle Office Tower
Hong Kong’s Gaw Capital has led a group of Asian investors in buying Seattle’s tallest building for $725 million, according to published reports.
The acquisition of the 76-storey Columbia Center office tower from previous owners Beacon Capital of Boston could… Read More>>
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