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Michael Cole

Greenland Metropolis Los Angeles

Greenland Group Breaks Ground on $1B Los Angeles Project

2014/02/18 by Michael Cole 1 Comment

Shanghai-based Greenland Group unveiled new details of its 1-billion-U.S. dollar Metropolis Los Angeles project at a ground-breaking ceremony on Friday.

The 6.33-acre project, located on Francisco Street between 8th and 9th Streets, is the largest undeveloped site in Downtown Los… Read More>>

Ping An Lloyd's Building

China’s Insurers in No Rush to Buy Real Estate

2014/02/18 by Michael Cole Leave a Comment

Mainland insurers are off to a slow start in property investments in and outside the country as they gradually build up specialised teams and pin down strategies following a relaxation of policies by state authorities.

In 2012, the industry… Read More>>

atkins qingdao airport

Atkins Wins Design Contract for RMB 35B Qingdao Airport

2014/02/18 by Michael Cole Leave a Comment

Atkins and China Southwest Architectural Design and Research Institute (CSWADI) have won a contract for the conceptual planning and terminal design of the new Qingdao airport, marking the start of a successful partnership.

With an investment of 35 billion RMB,… Read More>>

Vancouver Chinese New Year

45,000 Chinese Seek New Homes After Canada Cancels Investor Visas

2014/02/18 by Michael Cole Leave a Comment

More than 45,000 wealthy Chinese who had hoped to gain Canadian residency may be looking for a new haven outside of China after Canada cancelled its investor visa program last week.

The move by Canada’s government came within one week… Read More>>

Shanghai Tower crane

Russian Daredevils Offer Sneak Preview of the Shanghai Tower

2014/02/17 by Michael Cole Leave a Comment

While China was busy setting off firecrackers over the spring festival holiday, two Russian daredevils decided to celebrate the new year with an unauthorised climb of China’s tallest building.

The lack of an elevator or even exterior walls on the… Read More>>

Dalian Wanda Wang Jianlin

Could China’s Property Sector Create a New Credit Crisis?

2014/02/17 by Michael Cole Leave a Comment

Rising land prices and a government credit clampdown are forcing China’s real estate developers to borrow more money at higher rates – a combination that is likely to compress profit margins and put some companies into financial difficulties.

The country’s… Read More>>

Frankland

China Real Estate People in the News 2014-02-17

2014/02/17 by Michael Cole Leave a Comment

Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or finally polished the apple to such a high gloss that they get to do more work and maybe get a… Read More>>

Xinyuan Zhang Yong

Xinyuan Real Estate Spends RMB 1.3B on New Land Purchases

2014/02/17 by Michael Cole Leave a Comment

Xinyuan Real Estate Co., Ltd. (NYSE: XIN) announced last week that it had that it had committed RMB 1.29 billion ($213 billion) to acquire new land in Chengdu and Sanya. The acquisitions by the New York Stock Exchange-listed developer come… Read More>>

Wenzhou Ferrari

29 Months of Falling Home Prices Bring Chinese City to the Brink

2014/02/17 by Michael Cole Leave a Comment

Wenzhou, the wealthy port city in eastern China’s Zhejiang province, was once famous for its savvy real estate speculators. Now, however, this centre for the country’s new wealth has become noteworthy for the ongoing slide of its real estate market.

… Read More>>

Wang Shi Vanke

Vanke Boss Wang Shi Says China’s Entrepreneurs Need to Lead

2014/02/17 by Michael Cole Leave a Comment

Vanke founder Wang Shi is offering advice for Chinese society, and his recommendation is that the country’s entrepreneurs need to play a bigger role in deciding the country’s future.

Since resigning as CEO of China’s largest real estate developer in… Read More>>

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