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Michael Cole

Hui Xian REIT Chongqing

Li Ka-shing Sells Chongqing Complex to Own REIT for $638M

2014/11/17 by Michael Cole Leave a Comment

Asia’s richest man sold another mainland property asset last week as two companies controlled by Li Ka-shing’s transferred a commercial development in Chongqing to a related real estate investment trust (REIT) for RMB 3.91 billion ($638 million).

According to a statements… Read More>>

Joyce Lo Palmer Capital

China Real Estate People in the News 2014-11-17

2014/11/17 by Michael Cole Leave a Comment

This week we see Chinese real estate investors reaching to NYC for talent, a former Pramerica SVP join a new shop, and a high-ranking Mapletree investor head out on his own. With notably fewer role changes this week, is it… Read More>>

Peace Hotel Shanghai

China’s Jin Jiang to Buy French Hotel Group for Over $1.49B

2014/11/16 by Michael Cole 1 Comment

Chinese investors continued their harvest of international hotels last week when the Jin Jiang Group agreed to buy France’s Louvre hotel chain for a sum said to be in excess of $1.49 billion.

In the deal due to close in… Read More>>

Hebei official's loot

Low Level Chinese Official Caught with RMB 120M Cash, 37 Kg of Gold and 68 Houses

2014/11/16 by Michael Cole 1 Comment

Ma Chaoqun never amounted to much in the ranks of China’s government, but this mid-level manager who spent decades at a state-run water company in Hebei seems to have made the most of it, and then invested the most of… Read More>>

Grand Opening of 31-Storey Xujiahui Tower on Thursday

2014/11/16 by Michael Cole Leave a Comment

Shanghai’s cramped downtown office market will get an injection of new space this week when a 31-story Gensler-designed tower officially debuts in Xujiahui.

The CURA International Center along Hongqiao Road was completed earlier this year, and could mark the resurgence… Read More>>

175 Liverpool Street Sydney

Chinese Billionaire Buys Sydney Tower for $339M

2014/11/14 by Michael Cole Leave a Comment

Chinese real estate developer Shimao Property Holdings, together with its billionaire boss Hui Wing Mau, have reportedly acquired a downtown Sydney office tower for over A$390 million (US$339 million), as Chinese investors continue to snatch up Australian real estate.

According… Read More>>

China real estate sales growth

No Turnaround Yet for China Real Estate as Sales Drop 3.1%

2014/11/14 by Michael Cole Leave a Comment

China appears to have avoided a meltdown in its real estate market this year, but home sales are continuing to slide, according to official figures released this week.

In a report released this week, China’s National Bureau of Statistics revealed… Read More>>

Harbour Ring Huangpu Centre

Li Ka-shing Sells 2 Shanghai Buildings for $493 Million

2014/11/10 by Michael Cole Leave a Comment

Asia’s richest man continued to sell off his China real estate holdings last week when a property company controlled by Hong Kong billionaire Li Ka-shing was acquired by China’s Oceanwide Holdings.

According to a statement to the Shenzhen stock exchange… Read More>>

Randall Hall Pamfleet

Randall Hall Joins Hong Kong’s Pamfleet as China COO

2014/11/10 by Michael Cole Leave a Comment

Veteran real estate executive Randall Hall has joined Pamfleet as Chief Operating Officer for China with the Hong Kong-based real estate investment specialists.

In his new role, Hall will be leading the advisory firm’s China initiatives. Commenting on his new… Read More>>

Olivia Xia Hang Lung

China Real Estate People in the News 2014-11-10

2014/11/10 by Michael Cole Leave a Comment

Asia’s real estate executives are enjoying a surge of new roles this week as everyone rushes to get ready for 2015. A veteran agency leader has landed at a regional investment advisory firm, CBRE continues to shake up its Asia… Read More>>

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