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Sun Hongbin Wang Jianlin

Wanda Sells Tourism Management Business to Sunac for RMB 6.28B

Sun Hongbin Wang Jianlin

2018/10/30 by Jan Kot Leave a Comment

Dalian Wanda Group ended weeks of speculation on Monday by confirming that it has sold its tourism management business to Hong Kong-listed Sunac China Holding for RMB 6.28 billion ($902 million).

The sale follows tycoon Wang Jianlin’s RMB 43.8 billion… Read More>>

Dalian Wanda Group ended weeks of speculation on Monday by confirming that it has sold its tourism management business … Read more>>>

Jia Yueting Faraday Future

Faraday Future Loses Bid to Terminate $2B Evergrande Deal

Jia Yueting Faraday Future

2018/10/28 by Michael Cole Leave a Comment

A request from Jia Yueting’s Faraday Future asking an arbitrator to void its $2 billion investment agreement with a unit of Evergrande Health Industry Group was rejected late last week, keeping the unit of China’s largest property developer by sales… Read More>>

A request from Jia Yueting’s Faraday Future asking an arbitrator to void its $2 billion investment agreement with a unit … Read more>>>

jd.com 5i5j

JD.Com Partners with Mainland Brokerage to Lease Homes Online

jd.com 5i5j

2018/10/26 by Emma Zhou Leave a Comment

JD.com this week announced a partnership with one of China’s biggest housing brokers, 5i5j, to make it easier for the nearly 500,000 monthly visitors to China’s second largest ecommerce player to buy and lease homes online.

The two parties signed… Read More>>

JD.com this week announced a partnership with one of China’s biggest housing brokers, 5i5j, to make it easier for the … Read more>>>

Xu Jiayin Evergrande

Evergrande Hopes to Pawn Hong Kong Office Tower in Return for $1.5B Loan

Xu Jiayin Evergrande

2018/10/23 by Jan Kot Leave a Comment

The mainland’s largest developer by sales in 2017, China Evergrande Group, is resorting to pawning its most valuable offshore asset in an effort to raise $1.5 billion to pay down its debt and make dividend payments, according to a Reuters… Read More>>

The mainland's largest developer by sales in 2017, China Evergrande Group, is resorting to pawning its most valuable … Read more>>>

William Chan Rykadan Capital

Rykadan Capital Forces Compulsory Sale of HK$315M Wanchai Property

William Chan Rykadan Capital

2018/10/23 by Emma Zhou Leave a Comment

Hong Kong-listed Rykadan Capital has taken a major step towards developing a 30-storey commercial tower in the city’s Wanchai district after buying up nearly 90 percent of an aging building on Jaffe Road two MTR stations east of Central.

The… Read More>>

Hong Kong-listed Rykadan Capital has taken a major step towards developing a 30-storey commercial tower in the city’s … Read more>>>

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>>>

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