The best time to invest may just be that moment when most other investors have given up on the market, at least that seems to be the case for Citic Capital and Grosvenor.
Both state-owned asset manager Citic and UK-based… Read More>>
Knight Frank Promotes Newcomer to Head of Landlord Rep in Shanghai
International property consultancy Knight Frank announced this week that it has promoted Benjamin Zhang to head its landlord representation in Shanghai, as the UK-based company following the newcomer’s strong performance in his first few months with the team.
According to… Read More>>
Standard Chartered Survey Finds Major Gloom Among China Real Estate Developers
While some analysts are predicting that the decision by China’s government to loosen home purchase restrictions will lead to a rapid recovery in the housing market, a recent survey by Standard Chartered shows that the people who need to borrow… Read More>>
Developer Shenzhen Hazens Buys Los Angeles Hotel for $105M
China bought another piece of California last week when a Shenzhen-based real estate developer scooped up the Luxe City Center Hotel and two adjacent plots of land near the Staples Center for $105 million.
The 178-room hostelry is the second… Read More>>
China Real Estate People in the News 2014-08-11
Neither China’s steamy summer, nor the reported slowdown in the real estate market, have provided any respite from the relentless job changes among the country’s real estate professionals, as this week we once again have more new faces in new… Read More>>
Li Ka-shing Said to Sell Shanghai Office Tower for RMB 1.54B
Li Ka-shing appears to be continuing to sell off his China real estate assets, as a recent report has Asia’s richest man selling an office building in Shanghai for around RMB 1.54 billion ($250 million).
According to a story on… Read More>>
Wang Jianlin’s Wanda to Spend $1.2B on Hollywood Project
China’s richest man has been working hard at making himself a global player in the last few years, but now Wang Jianlin has taken things to the next level by deciding to spend $1.2 billion to make himself a star… Read More>>
Mingtiandi Publishes 1500th Post
Just a quick note of thanks to all of you for supporting this website, as today it publishes its 1500th post. (Yes, this is number 1,500).
Since Mingtiandi began as a personal blog in January 2008, it has since grown… Read More>>
Land Goes Unsold as Developers Back Away from New Projects
While analyst opinions seem to vary regarding the depth of the downturn in China’s real estate market, developers in Beijing, Chengdu and Jiaxing are keeping their money in their pockets, and the result can be seen in land that went… Read More>>
GLP Partners with China Warehouse Developer in RMB 3.6B JV
Singapore’s Global Logistic Properties (GLP) has started putting to work some of the billions of dollars of cash it has taken in from investors eager for a piece of China’s logistics boom, by acquiring competitors on the mainland.
According to… Read More>>
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