As those of you bored enough to read this blog regularly may recall, we at RightSite are big fans of the email platform MailChimp, which we use to send our weekly email newsletter.
The main reason that we get… Read More>>
AMB-Prologis Merger Complete – Firm to Expand in Asia
According to news reports on June 6th, the merger between AMB and Prologis to form the world’s largest warehouse owner is now complete. The new firm, to be known as Prologis Ltd, will now own more than US$46 billion in… Read More>>
Vanke Launches 88,000 Sqm Commercial Project in Shanghai
The 21st Century Business Herald reported on May 27th that Vanke, one of China’s largest residential developers, (000002.SZ) has started selling units at several of its commercial property projects, with the first project being opened in Shanghai.
The move by… Read More>>
Mapletree Plans Commercial Real Estate Fund
Singapore’s Mapletree Investments plans to set up a China-focused fund that will have $500 million to $1 billion to invest in Chinese commercial property once it deploys most of the money in its existing funds, a senior executive… Read More>>
Corporate Campuses Driving Business Park Demand in Shanghai
On May 21st, Indian software giant Infosys announced plans to buy land for developing its own US$150mil headquarters in Shanghai. The new facility will be located in the Zizhu Software Park in Pudong (complete details can be found here). This… Read More>>
CapitaLand Shifts Wuhan Mall From Ascott to Retail Trust
In what is in many ways an internal asset transfer, CapitaLand owned Ascott Holdings announced on May 5th that it is selling the New Minzhong Leyuan Mall in Wuhan to CapitaRetail China Trust (CRCT) for RMB 395 million. Both companies… Read More>>
SOHO China Spends RMB 3.2 Billion on Zhongshan Road Office Project
SOHO China Limited announced on May 6th the signing of a RMB3.2 billion acquisition agreement with Shanghai Trio Property Development Company Limited for the transfer of a commercial property on Shanghai’s Zhongshan West Road. The property, Shanghai New World Changning… Read More>>
China Reverse Merger Listings — Apocalypse Soon?
It was about two years ago that I first met the listings sharks here in China. These sharks don’t swim in the sea, and instead are foreign financial advisors and lawyers, many of them from the US, who peddle listed… Read More>>
Mori Gets Ready to Offer More Floors
Despite earlier reports of limited floor availability and persistent attempts to differentiate sales of floors in their building from typical strata title sales, Mori Building Co on 20th April appeared to be priming the market for sales of more space… Read More>>
SOHO Acquires Site in Shanghai’s Hongkou District for RMB 2.47 billion
SOHO China Limited (410.HK), among the most aggressive and highest profile commercial property developers in China, on April 19th announced the RMB2.47 billion acquisition of a mixed-use site near the Hailun Road station on Shanghai’s metro line 10 Subway in… Read More>>
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