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Shenzhen Haihang City

HNA Announces RMB 1.39B Sale of Shenzhen Commercial Project

Shenzhen Haihang City

2018/10/22 by Emma Zhou Leave a Comment

Continuing an asset disposal plan that aims to sell off as much as $11 billion worth of real estate by the end of 2019, HNA Infrastructure Investment Group, an affiliate of the troubled mainland transportation conglomerate, this week announced that… Read More>>

Continuing an asset disposal plan that aims to sell off as much as $11 billion worth of real estate by the end of 2019, … Read more>>>

China Life Insurance Centre

SMBC, Dufry Sign New Leases in Kowloon’s Hung Hom Area as More Corporates Flee Central

China Life Insurance Centre

2018/10/21 by Michael Cole Leave a Comment

While Hong Kong’s investment market has slowed down in the past two months, excitement over the opening of the Hong Kong-Zhuhai-Macau bridge is helping to give the city’s office rental market a boost, especially in the emerging Kowloon East commercial… Read More>>

While Hong Kong’s investment market has slowed down in the past two months, excitement over the opening of the Hong … Read more>>>

Yujian Apartment

Lei Jun-Backed Rental Housing Operator Yujian Can’t Pay Landlords, Warned by Bank

Yujian Apartment

2018/10/18 by Emma Zhou Leave a Comment

China’s long-term rental housing market hits the headlines again a Yujian Apartment, a startup backed by Xiaomi founder Lei Jun this week received debt payment notices from a major bank, and is said to owe back rent to its landlords.

… Read More>>

China’s long-term rental housing market hits the headlines again a Yujian Apartment, a startup backed by Xiaomi founder … Read more>>>

Goodwin Gaw

Gaw Capital Said to Invest in HK$15B Office Deal in Quarry Bay

Goodwin Gaw

2018/10/17 by Michael Cole Leave a Comment

Four months after buying a pair of Hong Kong office buildings from Swire Properties for HK$15 billion ($2 billion), a privately held affiliate of mainland investor Chen Chang Wei’s Hengli Group has reportedly recruited Gaw Capital Partners to take as… Read More>>

Four months after buying a pair of Hong Kong office buildings from Swire Properties for HK$15 billion ($2 billion), a … Read more>>>

Yang Mingsheng China Life

China Life Teams With China Resources Land for RMB 15B Shanghai Fund

Yang Mingsheng China Life

2018/10/17 by Emma Zhou Leave a Comment

Chinese government-backed China Resources Land announced to the Hong Kong Exchange on Friday that it has teamed up with Shanghai Land and China Life Insurance to launch an RMB 15 billion ($2.7 billion) real estate investment fund. The information was… Read More>>

Chinese government-backed China Resources Land announced to the Hong Kong Exchange on Friday that it has teamed up with … Read more>>>

HNA_chen-feng

HNA Cancels RMB 1.3B Sale of Beijing Office Building to Vanke

HNA_chen-feng

2018/10/16 by Emma Zhou Leave a Comment

Financially troubled HNA Group on Tuesday announced to the Shanghai Exchange that its shareholders have rejected a RMB 1.3 billion ($190 million) deal to sell a Beijing office tower to China Vanke, which the two companies had agreed to in… Read More>>

Financially troubled HNA Group on Tuesday announced to the Shanghai Exchange that its shareholders have rejected a RMB … Read more>>>

Zhu MengYi Hopson

Mainland Developer Hopson Buys a Floor in The Center for HK$1.1B

Zhu MengYi Hopson

2018/10/16 by Jan Kot Leave a Comment

Hong Kong-listed builder Hopson Development announced last week that it has become the latest mainland buyer of a floor in the Center, a premium office property located in Hong Kong’s Central business district.

The Guangdong-based builder is paying approximately HK$1.1 billion… Read More>>

Hong Kong-listed builder Hopson Development announced last week that it has become the latest mainland buyer of a floor … Read more>>>

Rush Desai of Allianz

Allianz Investing $175M in KaiLong Greater China Real Estate Fund

Rush Desai of Allianz

2018/10/15 by Jan Kot Leave a Comment

Global insurance giant Allianz is committing an estimated $175 million to a commercial real estate investment fund targetting opportunities in China, managed by Warburg Pincus-backed KaiLong Group.

Allianz announced on Monday that it is taking a 35 percent share in… Read More>>

Global insurance giant Allianz is committing an estimated $175 million to a commercial real estate investment fund … Read more>>>

Chen Si Lang Atlas

Goldman-Backed Co-Working Startup Atlas Valued at $871M in Latest Funding Round

Chen Si Lang Atlas

2018/10/15 by Emma Zhou Leave a Comment

Goldman Sachs-backed co-working provider Atlas on Friday announced that it has completed a new round of financing which values the Guangzhou-based firm at HK$6.8 billion ($871 million) following completion of the investment.

The flexible workplace provider founded by Chen Sze… Read More>>

Goldman Sachs-backed co-working provider Atlas on Friday announced that it has completed a new round of financing which … Read more>>>

Xiaozhu Chi Chen

Airbnb’s Chinese Rival Xiaozhu Raises $300M From Jack Ma’s Yunfeng Capital

Xiaozhu Chi Chen

2018/10/12 by Jan Kot Leave a Comment

Xiaozhu, China’s answer to Airbnb, announced on Wednesday that it has raised $300 million from investors led by Jack Ma’s Yunfeng Capital, boosting its financial muscle to better compete with local rivals and US giant Airbnb for a slice of… Read More>>

Xiaozhu, China’s answer to Airbnb, announced on Wednesday that it has raised $300 million from investors led by Jack … Read more>>>

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