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Michael Cole

AMC dine-in theatre

Wanda’s Wang Jianlin Doubles Money on US Theatre Investment

2014/03/03 by Michael Cole 1 Comment

Billionaire Wang Jianlin got $900 million richer in eighteen months by making a US investment that many observers at the time dismissed as an ego move.

The chairman of China’s Dalian Wanda has seen his original $800 million share purchase… Read More>>

Hang Lung’s Tianjin Riverside 66 to Open with Awards But No Demand

2014/03/03 by Michael Cole Leave a Comment

The latest high-end retail offering from Hong Kong developer Hang Lung is preparing to launch in Tianjin this year, adding an award-winning design and 152,000 square metres of new space to one of China’s most overbuilt cities.

The Kohn Pedersen… Read More>>

Brendon Frye

China Real Estate People in the News 2014-03-03

2014/03/03 by Michael Cole Leave a Comment

This week in China’s professional real estate community we find promotions on Colliers’ Investment team, new moves at JLL, and more folks making money by selling foreign homes to wealthy locals. Read all about it in this week’s China Real… Read More>>

Pan Shiyi Soho Galaxy

Soho Sells 2 Buildings in Shanghai for RMB 5.23B – Misses Price Target

2014/03/03 by Michael Cole Leave a Comment

Beijing-based real estate company Soho China announced on Friday that it is selling two commercial projects in Shanghai for RMB 5.23 billion ($851 million). The sale price is well below what the developer asked for, as the market for commercial… Read More>>

Danga Bay Malaysia

Greenland to Invest RMB 20 bil for Malaysia Projects Near Singapore

2014/03/03 by Michael Cole Leave a Comment

Shanghai-based developer Greenland Group, is planning to invest RMB 20 billion (US$3.3 billion) to develop a resort hotel and residential projects in southern Malaysia close to the border with Singapore, in the latest overseas move by one of China’s most… Read More>>

China discount mortgages end

China Puts Mortgage Discounts in the Past as Banks Raise Rates

2014/03/03 by Michael Cole Leave a Comment

With China’s banks facing competition for deposits from trusts on one side and online wealth management products on another, nearly 90 percent have ended mortgage discounts for first time home buyers.

The end of preferential rates was revealed in a… Read More>>

Li Ka-shing Cheung Kong

Li Ka-shing’s Cheung Kong Boosts Profits 10% on China Deals

2014/03/03 by Michael Cole Leave a Comment

Asia’s richest man managed to raise profits at his primary property firm by 10 percent in 2013 by selling off properties in China, even as the contribution from the company’s Hong Kong operation fell into a slump.

Cheung Kong Holdings… Read More>>

1 Chase Manhattan Plaza

Chinese Investors Help Drive Manhattan Office Investment to Record High

2014/03/03 by Michael Cole Leave a Comment

Investment in Manhattan office properties reached US$5.5 billion in 2013, with an influx of Chinese investors helping drive the market to a record high, according to a recent market study.

The report from international property consultancy Colliers International found that… Read More>>

Jack Ma

Jack Ma’s Cainiao Leases 54,000 Sqm from Goodman in Suzhou

2014/02/27 by Michael Cole Leave a Comment

Australian real estate developer Goodman Group announced today that it has signed an agreement to lease 54,880 sqm of logistics space in Suzhou to Cainiao, the logistics firm that supports Jack Ma’s Taobao e-commerce platform.

The deal between Goodman and… Read More>>

Could a New Kind of Real Estate Bubble Solve Beijing’s Pollution Problem?

2014/02/27 by Michael Cole Leave a Comment

As the air quality in China’s capital once again hit “crazy bad” levels in recent weeks, a new kind of real estate bubble might just be the solution to Beijing’s woes. But this bubble is made of plastic, rather than… Read More>>

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