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Kwok Ying-shing

Yuan Depreciation Adds to Pressure on Chinese Property Developers

Kwok Ying-shing

2015/08/14 by Michael Cole Leave a Comment

The Chinese yuan has fallen as much as 4.67 percent in the last week, and while the sudden change has been cheered by China’s exporters, it could be bad news for the country’s heavily indebted property developers.

After trading at… Read More>>

The Chinese yuan has fallen as much as 4.67 percent in the last week, and while the sudden change has been cheered by … Read more>>>

david rubenstein

Carlyle & CLSA Sell Shanghai Office Building to Yuexiu REIT for RMB 2.63B

david rubenstein

2015/08/06 by Michael Cole Leave a Comment

A company belonging to private equity firms Carlyle Group and CLSA Capital Partners has sold an office tower in Shanghai’s Pudong district to Hong Kong-listed Yuexiu REIT for RMB 2.63 billion ($423 million).

Yuexiu REIT, which is controlled by Guangzhou-based… Read More>>

A company belonging to private equity firms Carlyle Group and CLSA Capital Partners has sold an office tower in … Read more>>>

lee chee koon

CapitaLand Investing $87M in Apartment Sharing With China’s Tujia.com

lee chee koon

2015/08/03 by Michael Cole Leave a Comment

China’s unused apartments might soon become serviced apartments or vacation rentals after Singapore’s CapitaLand agreed to invest a total of $87 million with online apartment sharing platform Tujia.com

Tujia, which is frequently referred to as the AirBnB of China, received… Read More>>

China's unused apartments might soon become serviced apartments or vacation rentals after Singapore's CapitaLand agreed … Read more>>>

xu jiayin jack ma

Evergrande and Tencent Hope New O2O Venture Will Rival Alibaba

xu jiayin jack ma

2015/08/03 by Michael Cole Leave a Comment

China’s rapidly growing ecommerce market and the rage for O2O helped make Alibaba’s $25 billion 2014 IPO the world’s largest ever. Now two other top brands in China, Evergrande Real Estate and Internet giant Tencent, seem to be looking to… Read More>>

China's rapidly growing ecommerce market and the rage for O2O helped make Alibaba's $25 billion 2014 IPO the world's … Read more>>>

Li Ka-shing

Li Ka-Shing Said Selling Pudong Property for RMB 20 Bil

Li Ka-shing

2015/08/02 by Michael Cole Leave a Comment

Cheung Kong Property Holdings, the real estate company belonging to billionaire Li Ka-shing is reportedly selling its Century Link commercial project in Shanghai for RMB 20 billion ($3.22 billion).

Should the sale of the as-yet-unopened 360,000 square metre Pudong complex… Read More>>

Cheung Kong Property Holdings, the real estate company belonging to billionaire Li Ka-shing is reportedly selling its … Read more>>>

Fan Bingbing Evergrande

Evergrande Plans to List Loss-Making Bottled Water Subsidiary

Fan Bingbing Evergrande

2015/07/27 by Michael Cole Leave a Comment

Evergrande Real Estate Group, a top-five Chinese developer noted for its daring approach to finance, announced recently that it has applied and received approval to list its bottled water subsidiary, Evergrande Spring, on China’s New Third Board.

The bottled water… Read More>>

Evergrande Real Estate Group, a top-five Chinese developer noted for its daring approach to finance, announced recently … Read more>>>

corporate avenue shanghai

The Link REIT Buys Shui On’s Corporate Avenue Phase One for RMB 6.6 Bil

corporate avenue shanghai

2015/07/24 by Michael Cole Leave a Comment

Hong Kong’s Link REIT may be a newcomer to the mainland China property market, but it quickly made up for lost time this week by purchasing Shui On Land’s Corporate Avenue phase one for RMB 6.6 billion ($1.063 billion).

The… Read More>>

Hong Kong's Link REIT may be a newcomer to the mainland China property market, but it quickly made up for lost time this … Read more>>>

GC Tower vert

China Ping An Said to Buy Shanghai Office Tower for RMB2.24 Bil

GC Tower vert

2015/07/22 by Michael Cole Leave a Comment

China’s insurers have gained worldwide attention for their real estate purchases in New York and London over the last two years, but a soon-to-be disclosed deal in Shanghai shows that these financial giants are also playing a growing role in… Read More>>

China's insurers have gained worldwide attention for their real estate purchases in New York and London over the last … Read more>>>

Moody’s Dings Evergrande for $839M in Chengdu Acquisitions

2015/07/19 by Michael Cole Leave a Comment

One of China’s most aggressive real estate developers took a HK$6.5 billion ($839 million) bet on the Chengdu market last week, and promptly saw its decision criticised by credit agency Moody’s Investors Services.

Evergrande Real Estate, which is run by… Read More>>

One of China's most aggressive real estate developers took a HK$6.5 billion ($839 million) bet on the Chengdu market … Read more>>>

Corporate Avenue 3

Shui On Said Selling Corporate Avenue Phase 3 for RMB 3.57 Bil

Corporate Avenue 3

2015/07/16 by Michael Cole Leave a Comment

For the second time in one week, Shui On Land is said to be close to selling a prime office project in Shanghai, this time for a reported RMB 3.57 billion ($575 million).

The project on the block this week… Read More>>

For the second time in one week, Shui On Land is said to be close to selling a prime office project in Shanghai, this … Read more>>>

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