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Blackstone buys Shanghai commercial building

Blackstone to Buy 50,000 Sqm Commercial Building in Shanghai

Blackstone buys Shanghai commercial building

2012/10/28 by Michael Cole 1 Comment

US private equity firm Blackstone has reportedly agreed to buy the 50,000 sqm Huamin Imperial building in Shanghai’s Jing An District, according to a source familiar with the transaction.

On Friday, Blackstone CEO Stephen Schwarzman, had told reporters that the firm… Read More>>

US private equity firm Blackstone has reportedly agreed to buy the 50,000 sqm Huamin Imperial building in Shanghai's … Read more>>>

Treasury China Trust shares drop by half

Treasury China’s Travails Continue as Share Price Halves

Treasury China Trust shares drop by half

2012/10/14 by Michael Cole Leave a Comment

Troubled real estate investment firm Treasury China Trust continues to erode in value as its Irish-based erstwhile parent company recently was found to be insolvent and is to be wound up.

Shares in the the Singapore-listed company have dropped by almost… Read More>>

Troubled real estate investment firm Treasury China Trust continues to erode in value as its Irish-based erstwhile … Read more>>>

Swire Beijing Sanlitun

Swire Rental Income Nearly Triples So Far in 2012

Swire Beijing Sanlitun

2012/09/23 by Michael Cole Leave a Comment

Swire, the Hong Kong developer behind Beijing’s Sanlitun Village mall has seen its income nearly triple in the first half of 2012 and much of this is due to rising rents on China’s mainland.

Interviewed recently by Bloomberg TV in… Read More>>

Swire, the Hong Kong developer behind Beijing's Sanlitun Village mall has seen its income nearly triple in the first … Read more>>>

Richard Barrett of Treasury Holdings in China

Did Treasury Holdings Directors Sell Themselves China Assets at 93% Discount?

Richard Barrett of Treasury Holdings in China

2012/09/09 by Michael Cole Leave a Comment

Media reports released late last week revealed that subsidiaries of embattled real estate investment firm Treasury Holdings which were suddenly sold off for 2.263 million euros to a company controlled by one of its directors are believed to have been… Read More>>

Media reports released late last week revealed that subsidiaries of embattled real estate investment firm Treasury … Read more>>>

Treasury Holdings Sells China Assets to Its Directors

Treasury Holdings Sells China Assets to Its Directors in Bankruptcy Fight

Treasury Holdings Sells China Assets to Its Directors

2012/09/02 by Michael Cole Leave a Comment

On Tuesday, troubled property firm Treasury Holdings sold two Chinese subsidiaries to one of its directors for 2.236 million Euros as the company seeks to hive off its assets while facing potential bankruptcy on its home turf in Ireland.

On… Read More>>

On Tuesday, troubled property firm Treasury Holdings sold two Chinese subsidiaries to one of its directors for 2.236 … Read more>>>

Zhang Xin of SOHO

SOHO China Changes to Leasing Space After 65% Profit Drop

Zhang Xin of SOHO

2012/08/18 by Michael Cole Leave a Comment

After seeing the company’s profits drop by 65% in the most recent quarter, Beijing-based real estate developer SOHO China has announced that it plans to shift its approach from selling commercial real estate to individual investors to leasing out its… Read More>>

After seeing the company's profits drop by 65% in the most recent quarter, Beijing-based real estate developer SOHO … Read more>>>

Richard David of TCT

Treasury China Trust Defending Itself Against Charges of Mismanagement

Richard David of TCT

2012/08/18 by Michael Cole 2 Comments

Treasury China Trust (TCT), a Singapore-listed investment trust, is suddenly having to defend itself against charges from one of its investors that the firm is run for the benefit of its fund managers and lacks independent board oversight.

Mano Sabnani,… Read More>>

Treasury China Trust (TCT), a Singapore-listed investment trust, is suddenly having to defend itself against charges … Read more>>>

California Pension Fund to Invest US$530 Mil into China Commercial Real Estate

2012/08/18 by Michael Cole Leave a Comment

CalPERS, the California state pension fund, announced recently that it is investing a total of US$530 million int two China real estate funds managed by ARA Asset Management. The fund will invest $480 million in the ARA Long Term Hold Fund… Read More>>

CalPERS, the California state pension fund, announced recently that it is investing a total of US$530 million int two … Read more>>>

Greentown China Song Weiping

Wharf Buys 162 Million More Shares in Developer Greentown China

Greentown China Song Weiping

2012/08/05 by Michael Cole Leave a Comment

Another chunk of troubled real estate developer Greentown China was bitten off and swallowed by Hong Kong’s Wharf on August 2nd, as the Hong Kong based property firm continued what will likely be its eventual takeover of Hangzhou-based Greentown.

Following… Read More>>

Another chunk of troubled real estate developer Greentown China was bitten off and swallowed by Hong Kong's Wharf on … Read more>>>

Greentown China's Song Weiping

Greentown is China’s First Fortune 500 Developer – No Really!

Greentown China's Song Weiping

2012/07/16 by Michael Cole Leave a Comment

Just last week, the world-renowned business magazine Fortune let us in on a secret — Greentown Group is the most successful real estate developer in China. For those of us covering China’s real estate market, this is nearly as big… Read More>>

Just last week, the world-renowned business magazine Fortune let us in on a secret -- Greentown Group is the most … Read more>>>

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