China Resources Land, a giant state-run real estate firm, became the mainland’s latest developer to go asset light last week when the Beijing-based company sold the hotel portion of a Shanghai development to Stanley Ho’s Shun Tak Holdings for RMB… Read More>>
Bondholders Cheer as Kaisa Founder Returns to Helm of Shenzhen Developer
In an abrupt reversal following months of conflict with the Shenzhen city government, Kwok Yingshing today was reappointed to his position as chairman of the board of troubled real estate developer Kaisa Holdings.
The reinstatement of Kwok at the head… Read More>>
China Real Estate People in the News 2015-04-13
This week China’s community of real estate professionals sees more promotions at a major agency, a veteran Chinese broker head over to the US to try his luck, and more familiar faces showing up in new places. Read on for… Read More>>
APAC Real Estate Funds Outperformed US and Europe in Q4 2014
Thanks to strong performance in China and a major surge in Japan, non-listed real estate funds in Asia Pacific have outperformed the US and Europe for the first time in two years, according to figures from an independent industry association.
Shanghai Real Estate Investment Event Scheduled for April 23rd
Following up on the success of last year’s string of successful property investment gatherings in Shanghai, Mingtiandi has scheduled its first happy hour of 2015 for April 23rd, and expects to bring together more than 100 senior executives for the occasion.
As… Read More>>
Wanda Testing New O2O Platform with Tencent, Baidu
The head of one of the world’s biggest mall developers boldly stepped into the online world this month when Wang Jianlin of China’s Dalian Wanda Group began testing out his company’s new online-to-offline (O2O) retail platform.
The service, driven by the… Read More>>
Hainan Airlines Founder Climbs into $47.3M NYC Condo
A founder of Hainan Airlines seems to have been so happy with the $47.4 million New York condo that he took possession of in February that he’s bought a second unit two floors up in Manhattan’s swanky One57 development.
Luckily… Read More>>
Ping An and China Life Team with Tishman in $500M Boston Project
Two of China’s largest insurers took their first steps into the US market real estate market this week as American developer Tishman Speyer announced that China Life Insurance and Ping An Insurance would take a majority stake in a $500… Read More>>
Kaisa Says Shenzhen Govt No Longer Blocking Project Sales
Scandal-rocked real estate developer Kaisa Group today announced that the Shenzhen government’s freeze on sales has been partially lifted at seven of the 11 projects that had previously been blocked by the authorities.
The ban on sales at Kaisa’s projects… Read More>>
Developer Guangzhou Evergrande Planning Tropical Plastic Surgery Resort
Evergrande Real Estate Group last week announced plans to set up a cosmetic surgery business in a special economic zone on China’s Boao island as the giant property developer continues to branch out into new business areas.
At an event… Read More>>
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