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Michael Cole

Jin Zhigang

Confusion Reigns as Kaisa CEO Quits

2015/02/02 by Michael Cole Leave a Comment

Kaisa Group announced the latest in a series of unexpected news today when the struggling China real estate developer revealed that its chief executive officer had resigned effective February 1st.

In a statement to the Hong Kong stock exchange, Kaisa… Read More>>

qiuting pan

China Real Estate People in the News 2015-02-02

2015/02/02 by Michael Cole Leave a Comment

This week Greater China’s community of real estate professionals sees a pair of promotions in the world of property investment, as well as a Hong Kong broker heading home to England. And much more. Read on for details.

Qiuting Pan… Read More>>

Sunac Sun Hongbin

Sunac to Buy 4 Kaisa Projects for RMB 2.37B – Merger is Off

2015/02/01 by Michael Cole Leave a Comment

Sunac China is buying four Shanghai projects from defaulting real estate developer Kaisa Group for RMB 2.37 billion ($380 million) according to announcements posted today from the two companies.

Sunac will be acquiring 100 percent of two of the companies,… Read More>>

China Housing Prices Climb – Reversing 8-Month Slide

2015/02/01 by Michael Cole Leave a Comment

China’s housing prices climbed in January for the first time since April, as looser monetary policies seem to be coaxing buyers back into the market.

New home prices climbed by an average of 0.21 percent last month compared to December,… Read More>>

Jack Ma big mouth

Jack Ma’s Big Mouth Helps Make Wang Jianlin China’s Richest Man

2015/01/31 by Michael Cole Leave a Comment

Alibaba’s Jack Ma seems to have decided that name-calling was the best response to a critical report by a Chinese regulator this week, and the resulting fallout helped rival billionaire Wang Jianlin, return to his former perch as China’s richest… Read More>>

Sunac Sun Hongbin

Sale of Kaisa to Sunac Expected Before Feb 9 Deadline

2015/01/31 by Michael Cole Leave a Comment

The credit crisis surrounding troubled Chinese real estate developer Kaisa Group is expected to be resolved soon, as Sunac China is said to have reached a deal to acquire the company.

According to a report in Chinese business news site… Read More>>

10 Upper Bank Street

Chinese Spent $3.32B on London Property in 2014 Says Savills

2015/01/31 by Michael Cole Leave a Comment

Chinese buyers are now the second biggest foreign investors in London’s booming property market, having spent £2.2 billion ($3.32 billion) on real estate in the UK’s capital last year.

In a report published this week, UK-based property consultancy Savills found… Read More>>

sino-ocean luo dongjiang

Chinese Developer Sells $1.2B Bond as Kaisa Panic Subsides

2015/01/29 by Michael Cole Leave a Comment

Regional financial markets may be regaining their trust in China’s real estate developers, as Sino-Ocean Land successfully priced a $1.2 billion dual-tranche bond yesterday.

The Beijing-based builder raised a $700 million five-year note as well as a $500 million 12-year note,… Read More>>

3d-printed apartment block

Shanghai Company 3D-Prints Six-Storey Apartment Building

2015/01/29 by Michael Cole 1 Comment

Not content with setting a world record for printing new homes last year, Shanghai’s WinSun Engineering is back in the news this month after building a six-storey apartment block and accompanying villa entirely using 3D printing.

WinSun printed the 1100… Read More>>

Fosun Sydney

Fosun Acquires Sydney Office Building for $93M as Chinese Catch Oz Fever

2015/01/27 by Michael Cole Leave a Comment

Fosun Property, the real estate arm of China’s largest privately held investment conglomerate announced today that it had acquired an office block in Sydney, Australia for A$116.5 million ($93 million).

The Shanghai-based property investment company will add 73 Miller Street… Read More>>

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