Asia real estate and outbound investment news
While many analysts are predicting tougher times for China’s real estate industry in 2014, at least by one gauge the country’s property developers still believe that there is money to be made.
According to a report in today’s Wall Street… Read More>>
While many analysts are predicting tougher times for China's real estate industry in 2014, at least by one gauge the … Read more>>>
Real estate services firm Jones Lang LaSalle (NYSE: JLL), announced today that its client – ARA Asia Dragon Fund – had concluded the en-bloc sale of Nanjing International Finance Center to SanPower Group for a total transaction value of RMB… Read More>>
Real estate services firm Jones Lang LaSalle (NYSE: JLL), announced today that its client – ARA Asia Dragon Fund – had … Read more>>>
China Vanke Co. (000002.SZ), the nation’s largest property developer by revenue, showed a continued upswing in sales last month reaching 27.65 billion yuan ($5.8 billion) during January.
According to a report in the Wall Street Journal, Vanke’s achievement represented a 45 percent increase over the mark for January 2013, when it sold RMB 19.07 billion.
China Vanke Co. (000002.SZ), the nation's largest property developer by revenue, showed a continued upswing in sales … Read more>>>
CIFI Holdings (Group) Co. Ltd. (HKEX Code: 884), a top 100 real estate developer in China, announced today that the Group has successfully issued its third issue five-year USD bonds with a coupon rate of 8.875%, with an order book of over USD1.1bn from investors in Asia and Europe.
In a statement the company indicated that net proceeds from the bond issue will mainly be used to refinance the Group’s existing debt and for other general corporate purposes.
CIFI Holdings (Group) Co. Ltd. (HKEX Code: 884), a top 100 real estate developer in China, announced today that the … Read more>>>
Chinese investment firm Fosun Group and Prudential Financial, Inc. (PFI) from the US, today announced plans for a real estate joint venture to invest in mixed-use development projects in China, and in select overseas locations.
The two companies refrained from stating dollar amounts or location specifics for the projects, however, Fosun has recently focused within China on tourism developments such as its plans for a 7-star resort hotel in Shanghai. Overseas, the investment conglomerate purchased 1 Chase Manhattan Plaza from JP Morgan Chase for US$725 million last October.
Chinese investment firm Fosun Group and Prudential Financial, Inc. (PFI) from the US, today announced plans for a real … Read more>>>
This week, two more Chinese real estate developers began raising dollar-denominated debt financing as China’s government struggles to restrict lending and deflate a housing price bubble. In an interesting twist, both developers had already received significant investments from Hong Kong… Read More>>
This week, two more Chinese real estate developers began raising dollar-denominated debt financing as China's government … Read more>>>
Evergrande Real Estate Group, one of China’s five largest real estate developers is adopting an aggressive approach to renegotiating its current debt commitment as the nation’s real estate firms search for ways to continue to financing their businesses amidst a government crackdown.
The company made a controversial compensation offer to existing bondholders recently, which appears aimed at making it easier for the Guangzhou-based firm to take on further debt.
Evergrande Real Estate Group, one of China's five largest real estate developers is adopting an aggressive approach to … Read more>>>
Blackstone Group has effectively taken over control of Hong Kong-listed real estate developer Tysan Holdings by buying up 71 percent of the shares in the company, as the global private equity giant seeks easier access to China real estate opportunities.
According an annoucement in the Shanghai Securities News, Blackstone acquired 65.5 percent of the shares on January 3rd for HK$1.64 billion ($211.5 million)
Blackstone Group has effectively taken over control of Hong Kong-listed real estate developer Tysan Holdings by buying … Read more>>>
Dalian Wanda, the conglomerate controlled by China’s richest man, Wang Jianlin, has made outlandish headlines a routine occurrence in recent months, however, the company’s recent announcement of plans to add 24 new shopping malls within the next year, as well as 18 new five-star hotels, seems a bit crazy.
Even for a company that recently decided to take on Mickey Mouse, with plans for an amusement park in Wuxi that Wang challenged observers to compare “head to head with Shanghai Disney in terms of park visitors, and amount of revenue and see who is better.”
Dalian Wanda, the conglomerate controlled by China's richest man, Wang Jianlin, has made outlandish headlines a routine … Read more>>>
China’s real estate industry is on firmer footing compared with a year ago, said Standard & Poor’s Ratings Services in a report on Monday.
Developers registered record sales growth and enjoyed financing windows that led bond issuance to double in 2013. In the past two weeks, more than a dozen municipalities across China have taken steps to cool their markets, as housing prices continued to rise.
China's real estate industry is on firmer footing compared with a year ago, said Standard & Poor's Ratings Services … Read more>>>
