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Yang Guoqiang Country Garden

Country Garden Tops Evergrande to Take China’s 2017 Real Estate Sales Crown

Yang Guoqiang Country Garden

2018/01/04 by Shawna Kwan Leave a Comment

Guangdong-based Country Garden achieved contracted sales of RMB 580.8 billion ($89.3 billion) in 2017 to oust billionaire Xu Jiayin’s Evergrande Real Estate from its position as China’s biggest selling developer and seize the title as mainland sales king, figures from… Read More>>

Guangdong-based Country Garden achieved contracted sales of RMB 580.8 billion ($89.3 billion) in 2017 to oust … Read more>>>

payson cha ming sou

PAG, Hanison Sell Hong Kong Workshop to Tang Shing-bor for HK$1.04B

payson cha ming sou

2017/12/29 by Channing Huang Leave a Comment

Hong Kong chief executive Carrie Lam announced in early October that government bureaus are developing new policies to revitalise old industrial buildings for non-industrial use, but the city’s real estate investors have already begun buying up aging workshops and warehouses… Read More>>

Hong Kong chief executive Carrie Lam announced in early October that government bureaus are developing new policies to … Read more>>>

Humbert Pang Gaw

Gaw Capital Sells Shanghai’s Cross Tower to World Union Fund for Reported RMB 2.7B

Humbert Pang Gaw

2017/12/13 by Greg Isaacson Leave a Comment

Hong Kong private equity shop Gaw Capital Partners has agreed to sell the Cross Tower, a 24-storey commercial building in Shanghai, to a mainland real estate fund for a price believed to be RMB 2.66 billion ($402 million).

Gaw is… Read More>>

Hong Kong private equity shop Gaw Capital Partners has agreed to sell the Cross Tower, a 24-storey commercial building … Read more>>>

Zhou Zheng Joy City

Joy City Selling Loss-Making W Hotel in Beijing for RMB 2B

Zhou Zheng Joy City

2017/12/12 by Shawna Kwan Leave a Comment

Commercial real estate developer Joy City Property is selling the W Hotel Beijing Chang’an to a Shanghai-based fund for a total of RMB 2 billion ($302 million), according to an announcement to the Hong Kong stock exchange on Friday by… Read More>>

Commercial real estate developer Joy City Property is selling the W Hotel Beijing Chang’an to a Shanghai-based fund for … Read more>>>

Norway’s $1T Sovereign Fund Enters Asia with $823M Tokyo Bet

2017/12/10 by Greg Isaacson Leave a Comment

Norway’s sovereign wealth fund is making its first foray into Asian real estate, by buying a majority stake in a set of five retail and office properties in Tokyo for 92.75 billion yen ($823 million).

Norges Bank Investment Management (NBIM),… Read More>>

Norway's sovereign wealth fund is making its first foray into Asian real estate, by buying a majority stake in a set of … Read more>>>

Wang Jianlin

Wanda Slid Out of $3B Ski Resort Investment as Downhill Run Began

Wang Jianlin

2017/12/04 by Greg Isaacson Leave a Comment

Dalian Wanda boss Wang Jianlin may no longer be China’s richest man, but he can still make a whole mountain disappear.

Wang’s Dalian Wanda Commercial Properties quietly sold off its equity in the $3 billion Changbaishan International Resort in northeastern… Read More>>

Dalian Wanda boss Wang Jianlin may no longer be China's richest man, but he can still make a whole mountain … Read more>>>

Guy Bradley Swire

BNP Paribas Takes 8 Floors in Taikoo Place as Multinationals Flee HK’s Central

Guy Bradley Swire

2017/12/03 by Michael Cole Leave a Comment

BNP Paribas, a $2.4 billion financial giant, has decided that it may not have the cash to maintain an address in Hong Kong’s Central district and is picking up stakes for Quarry Bay.

The company, which is the world’s sixth-largest… Read More>>

BNP Paribas, a $2.4 billion financial giant, has decided that it may not have the cash to maintain an address in Hong … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Announces Sale of Pair of Hong Kong Properties for Combined $322M

Samuel WT Chu and Benjamin KY Lee

2017/12/01 by Michael Cole Leave a Comment

Phoenix Property Investors seized the opportunity presented by Hong Kong’s surging real estate market by announcing the sale of a pair of properties in the city this week for a combined $322 million.

The two disposals by the private equity… Read More>>

Phoenix Property Investors seized the opportunity presented by Hong Kong’s surging real estate market by announcing the … Read more>>>

Jason Leow CapitaLand Mall Asia

CapitaLand and CRCT Buy Guangzhou Mall for $511M

Jason Leow CapitaLand Mall Asia

2017/12/01 by Greg Isaacson Leave a Comment

Singapore’s top developer continues to ramp up its retail presence in China, with CapitaLand Mall Asia and CapitaLand Retail China Trust (CRCT) partnering to buy a shopping mall in Guangzhou for RMB 3.36 billion ($511 million).

CRCT is taking a 51… Read More>>

Singapore's top developer continues to ramp up its retail presence in China, with CapitaLand Mall Asia and CapitaLand … Read more>>>

Warburg Pincus Sees Lots of Future in $227M Chinese Parking Investment

2017/11/29 by Greg Isaacson Leave a Comment

Warburg Pincus is raising its bet on niche real estate assets in China, with an affiliate of the US private equity firm leading a RMB 1.5 billion ($227 million) round of financing for the country’s biggest car park manager, Sunsea… Read More>>

Warburg Pincus is raising its bet on niche real estate assets in China, with an affiliate of the US private equity firm … Read more>>>

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