The reporting season for China’s listed developers continued this week, Greentown and Sunac bought more Shanghai land, the HSBC PMI showed further signs of a slowdown, and a new website has shown up to help Chinese rich folks buy homes… Read More>>
Wang Jianlin Scoops Up Spanish Skyscraper for $358M
Dalian Wanda, the property group controlled by Chinese billionaire Wang Jianlin has acquired the historic Edificio Espana building in Madrid for €260 million (US$358.6 million) according to a leading Spanish politician.
The acquisition of the skyscraper, which was Europe’s tallest… Read More>>
DreamWorks Has New Plans for Delayed $2.4B Shanghai Entertainment District
US film studio DreamWorks Animation, together with two partners, last week celebrated plans for a RMB 15 billion ($2.4 billion) entertainment district in Shanghai that the group says will rival New York’s Broadway.
DreamWorks is teaming with an investment fund… Read More>>
China Real Estate Market is Drunk and Tired, But Getting Better Say Developers
Speaking on the sidelines of an industry conference in Beijing this weekend leaders of real estate developers Vantone, Greenland Group and China Resources Holdings took the first step toward a recovery by admitting that the industry has a problem.
Feng… Read More>>
China Real Estate People in the News 2014-03-24
This week China’s real estate community sees new leadership at built-asset consultancy EC Harris, China Xintiandi taking on some financial management and more. Read on for the latest career development news for the industry’s professionals.
Andy Crawford has… Read More>>
Global Gateway Cities to See “Quantum Leap” in Chinese Real Estate Buys
Asia’s real estate investors are entering a new phase which will see a major surge of acquisitions by Chinese firms in a broader range of locations, according to a report released recently by property consultancy Colliers International.
“Chinese outbound property… Read More>>
Chinese Investors See Real Estate as Riskiest
Chinese investors see real estate, stocks and precious metals as the riskiest assets this year and over the next 10 years, according to a survey released on Thursday by Franklin Templeton Investments, a unit of United States-based Franklin Resources Inc.
Cinda Buys Shanghai Land and China Resources Ups Vanke Stake
Late last week and into the weekend there were a number of breaking news stories, including China’s bad asset bank Cinda picking up two plots of land in Shanghai, China Resources Holdings upping its stake in developer China Vanke, and… Read More>>
Newest Hedge Bet for China Developers – $2 Mil Puppies
As China’s property sales have slowed down and bad news has seeped into the country’s real estate market, many developers have been scrambling to invest in everything from US real estate to bottled water.
Now comes news of the latest… Read More>>
Govt Reopens Approvals for Real Estate Share Sales
In another sign of the Chinese government’s determination to corral its unruly real estate market, two more developers received regulatory approval for new stock sales, during the same week that a private real estate developer collapsed after having exhausted… Read More>>
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