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Michael Cole

ning yuan china construction america

China Construction Completes Buy of US Builder Plaza

2014/04/10 by Michael Cole Leave a Comment

The American subsidiary of China’s largest construction firm has acquired one of the largest builders in the US, as China’s outbound investment boom spreads from real estate into the building industry.

Plaza Construction, originally founded to provide construction management and… Read More>>

Citic Securities REIT

Developers Get New Funding Source as China Announces First REIT

2014/04/09 by Michael Cole Leave a Comment

A new channel for fundraising may be on the way for China’s real estate developers, as the government recently approved the country’s first real estate investment trust (REIT).

According to a report today in the South China Morning Post, Citic… Read More>>

Richard Li PCCW

Gaw Capital Acquires Beijing Project from Richard Li for US$928M

2014/04/09 by Michael Cole Leave a Comment

Real estate private equity firm Gaw Capital Partners announced yesterday that a company belonging to one of its funds has signed a conditional agreement to acquire Richard Li’s Pacific Century Place in Beijing for US$928 million.

The sale by Li’s… Read More>>

Jonathan Davis Cushman Wakefield

Cushman & Wakefield Promotes Jonathan Davis to China MD Role

2014/04/09 by Michael Cole Leave a Comment

Cushman & Wakefield, the world’s largest privately held commercial real estate services company, announced today that its Managing Director for Eastern China, Jonathan Davis has been promoted to Managing Director of China.

The veteran real estate executive originally joined the… Read More>>

Philip Pearce Goodman

Australia’s Goodman Group to Build 22k Sqm Warehouse in Chongqing

2014/04/09 by Michael Cole Leave a Comment

Australian industrial developer Goodman Group announced this week that it has signed an agreement to develop a 22,000sqm built-to-suit facility for Best Logistics Technology (Hangzhou) Co. Ltd in Chongqing, China.

The new project will be located in the new Goodman… Read More>>

Ryan Serhant WeChat

NY Broker Sells $13Mil in Homes to Chinese Buyers via WeChat Mobile App

2014/04/08 by Michael Cole Leave a Comment

Smart brokers know the value of a good contact list when you need to close deals. But not many are clever enough to use their WeChat contacts to sell $13 million in homes to clients they have never met before… Read More>>

Dhanin Chearavanont CP

Greenland Group Signs Deal with CP to Build Homes in Thailand

2014/04/08 by Michael Cole Leave a Comment

Shanghai-based Greenland Group continues to set the pace among China’s international real estate developers by inking an agreement with one of Thailand’s largest conglomerates to develop luxury properties in the Southeast Asian nation.

The agreement between Thailand’s Charoen Pokphand (CP)… Read More>>

Robert Shiller China

China Asset Prices Stump Nobel Prize Winner Robert Shiller

2014/04/08 by Michael Cole Leave a Comment

Nobel Prize winning economist Robert Shiller, who correctly predicted the 2000 tech stock crash as well as the 2008 subprime crisis, was in China last week, and even one of the world’s great financial minds wasn’t sure what to think.

… Read More>>

Police guard real estate office in China

Protests Over Developer Discounts Bring Out the SWAT Team in Zhejiang

2014/04/08 by Michael Cole Leave a Comment

Eastern China’s Zhejiang province could be in for more trouble as the SWAT team was called in to calm protests that erupted in the city of Taizhou after property developers began discounting home prices by 30 percent late last month.

… Read More>>

Michael Chae Blackstone

Did a Failed Tysan Privatisation Send Blackstone Asia Chief Packing?

2014/04/08 by Michael Cole Leave a Comment

Blackstone Group LP last week let its team know that Michael Chae, the chief of Asia private equity for the alternative investment giant, would be returning to New York to resume his former job as head of media and communications… Read More>>

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