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Michael Cole

Dalian Wanda to Close 10 Dept Stores – Restructure 20 More

2015/01/08 by Michael Cole Leave a Comment

The balance of power in China’s retail world continued to shift away from one-size-fits all shops this week when Dalian Wanda announced plans to shutter 10 department stores nationwide, and restructure another 20.

The decision by the China retail real… Read More>>

Beijing land sales

What Downturn? SOE-Led Group Pays Record $1.39B for Beijing Land

2015/01/08 by Michael Cole Leave a Comment

China’s real estate market may still be stuck in an eight-month long slide but China’s real estate developers still are eager to buy more land – at least in China’s largest cities. So eager that they are willing to pay… Read More>>

Dominic Chung CBRE

Dominic Chung Jumps from CBRE to Colliers as Outbound Market Heats Up

2015/01/08 by Michael Cole Leave a Comment

Real estate services provider Colliers International bolstered its ability to win investment transactions this week by hiring veteran China deal broker Dominic Chung from rival CBRE.

Chung will be joining Colliers as Executive Director, Capital Markets & Investment Services, Asia… Read More>>

Century 21 China

Century 21 China De-Listed From NYSE After Real Estate Slump

2015/01/07 by Michael Cole Leave a Comment

How bad is China’s real estate slump? For one of the country’s biggest real estate agencies, the eight-month-long slide in housing prices, and the fall off in deals that has accompanied it, means the end of its listing on the… Read More>>

Chinese Investor Buys Canadian Ghost Town for $841K

2015/01/07 by Michael Cole 1 Comment

Chinese real estate investors are known for their confidence, but now one company from Hebei is paying nearly a million Canadian dollars to try to bring back the dead. Or at least a dead village.

According to a real estate… Read More>>

Kwok Ying-shing

HK-Listed Kaisa Said to Go Bankrupt — Halt Payments to Creditors

2015/01/06 by Michael Cole Leave a Comment

Kaisa Group, which defaulted on a $51.6 million loan last week, is said to have become the biggest of China’s real estate developers to go bankrupt today when the Hong Kong-listed company decided that it was ceasing all activities until it could… Read More>>

Greenland Zhang Yuliang

Find Out Which Developer Led China’s Top 10 for 2014

2015/01/06 by Michael Cole Leave a Comment

China has a new real estate sales champion, as development of overseas projects has helped move Shanghai’s Greenland Group to the top of the country’s property sector.

According to figures released this week, state-owned Greenland increased its contracted sales in… Read More>>

Vevina Chan

China Real Estate People in the News 2015-01-05

2015/01/05 by Michael Cole Leave a Comment

China’s real estate community kept busy over the holidays trying out their new jobs, with a long-time JLL broker shifting cities and switching departments, IKEA bringing on new talent and sending successful veterans on to new posts, and more. Read… Read More>>

Dalian Wanda Gold Fields House

Chinese Pour $1.23B into Sydney Real Estate in Last 2 Months – More on the Way

2015/01/04 by Michael Cole Leave a Comment

China’s outbound investment wave continued to flow into Sydney as buyers from the mainland and Hong Kong acquired more than $1.23 billion worth of major assets during the last two months of 2014.

Most of the investors were major mainland… Read More>>

China Communications Construction Miami

Chinese Developers Discover Miami with Purchase of $74.7M Site

2015/01/03 by Michael Cole Leave a Comment

China’s real estate investors finally discovered the southern US as an affiliate of a major Chinese construction company bought a development site in Miami’s Brickell neighborhood for $74.7 million late last month.

The unit of China City Construction Company, closed… Read More>>

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