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Michael Cole

E-House China Finance Site

Are Down-Payment Loans Undermining China’s Home Equity?

2014/11/10 by Michael Cole Leave a Comment

“China’s home market will never crash because homeowners have to make big down-payments.” This line comes up in nearly every debate and discussion of China’s ever-controversial housing sector.

However, this reasoning may deserve some reconsideration after a recent report in… Read More>>

Sunac Merger Collapses as Song Weiping Returns to Greentown

2014/11/09 by Michael Cole Leave a Comment

The biggest merger of China’s largest real estate downturn has evaporated – apparently over entrepreneurial pride, as Sunac’s acquisition of a controlling stake in Greentown has been cancelled.

After rumours had circulated in recent weeks that Greentown China Chairman Song… Read More>>

China warehouse shortage

Logistics Developer Yupei Signs Deal for $300M Ecommerce Base in Wuxi

2014/11/09 by Michael Cole Leave a Comment

A Chinese warehouse developer invested by the Carlyle Group and Singapore’s Temasek Holdings last week got ready to put $300 million of that capital to work on a major new logistics facility in Wuxi aimed at serving demand from China’s… Read More>>

Vanke Wang Shi

Vanke Continues to Diversify Investments with Shanghai Industrial Deal

2014/11/09 by Michael Cole Leave a Comment

China’s biggest real estate developer by sales continued to move beyond its traditional base in housing projects last week when Vanke picked up 160,000 square metres of industrial land in Shanghai.

The property giant bought the land in Zhangjiang High… Read More>>

Brett White DTZ

UGL Closes on Sale of Real Estate Agency DTZ to TPG-Led Group

2014/11/07 by Michael Cole Leave a Comment

Real estate service provider DTZ this week confirmed the close of its sale to a private investment consortium composed of TPG Capital (TPG), PAG Asia Capital (PAG) and Ontario Teachers’ Pension Plan (the TPG & PAG Consortium), by Australian engineering… Read More>>

Xu Jiayin Sydney

Evergrande Boss Buys Sydney Home for $33.4M

2014/11/07 by Michael Cole Leave a Comment

Xu Jiayin, the chairman of Chinese real estate developer Evergrande, was revealed this week as the buyer of a A$39 million (US$33.4 million) mansion in one of Sydney’s most exclusive neighborhoods following a record-setting transaction.

The purchase by the flamboyant… Read More>>

Ben Duncan CBRE

CBRE Promotes Japan CEO Ben Duncan to Head of North Asia

2014/11/06 by Michael Cole Leave a Comment

Real estate agency CBRE continued to restructure its Asia Pacific operations this week by promoting its Japan CEO to the newly created role of President, North Asia. The move will be effective from January 1st, 2015.

In his new position,… Read More>>

Goodman Inks Deal with BMW Brilliance to Expand Logistics Project

2014/11/06 by Michael Cole Leave a Comment

Australian real estate developer Goodman scored another build-to-suit victory this week when it announced an agreement with automaker BMW Brilliance to expand an existing warehouse project in Hebei, China.

Under the terms of the new deal, the industrial property builder… Read More>>

China corrupt officials

China Property Officials Felled by Love of Haute Couture

2014/11/03 by Michael Cole Leave a Comment

While China has for years had competing lists of the country’s biggest billionaires, Xi Jinping’s high profile anti-corruption campaign now seems to promoting a list of the country’s most elegantly corrupt officials.

The record of bureaucrats brought low by a… Read More>>

Song Weiping Greentown

Greentown Sale to Sunac May Be Cancelled After Regulatory Delay

2014/11/03 by Michael Cole Leave a Comment

The biggest property developer to change hands during China’s real estate downturn may not be sold after all, following difficulties getting the share sale approved by the Hong Kong Stock Exchange.

Tycoon Song Weiping, along with this family and close… Read More>>

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