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Chen Hongtian

Mainland Billionaire Spends $580M to Add One Harbourgate to HK Portfolio

Chen Hongtian

2016/07/19 by Michael Cole Leave a Comment

A Chinese property investor who spent HK$2.1 billion ($271 million) in June to acquire Hong Kong’s most expensive home has added to his portfolio in the city with the HK$4.5 billion ($580 million) purchase of the east tower in Wheelock… Read More>>

A Chinese property investor who spent HK$2.1 billion ($271 million) in June to acquire Hong Kong’s most expensive home … Read more>>>

China Vanke's Wang Shi

How China Resources Funded Baoneng’s Attempted Takeover of Vanke

China Vanke's Wang Shi

2016/07/13 by Michael Cole 1 Comment

A brief calm in the ongoing battle between Vanke founder Wang Shi and the company’s largest shareholder, Baoneng Group, was broken today when an independent member of the Chinese developer’s board confirmed that Baoneng’s Vanke share purchases had been funded… Read More>>

A brief calm in the ongoing battle between Vanke founder Wang Shi and the company’s largest shareholder, Baoneng Group, … Read more>>>

Liping Zhang Blackstone

Blackstone May Sell $1.9B in China Assets to Vanke-Led Fund

Liping Zhang Blackstone

2016/07/12 by Michael Cole 1 Comment

China’s biggest developer is in talks to buy RMB 12.9 billion ($1.9 billion) in commercial property from an unspecified seller, which appears to be America’s biggest landlord, following a statement today from China Vanke regarding deal discussions.

The property firm… Read More>>

China’s biggest developer is in talks to buy RMB 12.9 billion ($1.9 billion) in commercial property from an unspecified … Read more>>>

wang-jianlin

Wanda Revenues Climb 10% Following Overseas Acquisition Spree

wang-jianlin

2016/07/10 by Andrew Esqueda 3 Comments

Dalian Wanda Group reported a 10.6 percent increase in revenue to RMB 119.9 billion ($18 billion) for the first half of 2016, outperforming expectations of flat growth. The conglomerate controlled by billionaire Wang Jianlin saw its revenues rise thanks largely… Read More>>

Dalian Wanda Group reported a 10.6 percent increase in revenue to RMB 119.9 billion ($18 billion) for the first half of … Read more>>>

Zhang Yuilang Amare

Greenland Teases Potential S-REIT Investors with Promise of LA Hotel

Zhang Yuilang Amare

2016/07/03 by Michael Cole Leave a Comment

What if you built a $3.24 billion portfolio of hotels in China and no one wanted it? Shanghai-based Greenland Group seems to be struggling with this question as the developer, which ranks as the mainland’s second-largest by sales, continues to… Read More>>

What if you built a $3.24 billion portfolio of hotels in China and no one wanted it? Shanghai-based Greenland Group … Read more>>>

Broderick Storie PAG

PAG Announces $1.3B Closing of Asia Real Estate Fund

Broderick Storie PAG

2016/06/29 by Michael Cole Leave a Comment

Hong Kong-based alternative investment manager PAG has reached a further closing of its new pan-Asia property fund, bringing the investment vehicle up to $1.3 billion in commitments.

This latest closing of PAG Real Estate Partners Fund (PREP) comes just over… Read More>>

Hong Kong-based alternative investment manager PAG has reached a further closing of its new pan-Asia property fund, … Read more>>>

Wang Shi Vanke

Baoneng Calls for Wang Shi’s Ouster in Battle for China Vanke

Wang Shi Vanke

2016/06/27 by Michael Cole Leave a Comment

The battle for control of China Vanke, the mainland’s largest property developer, has become an all-out war as the company’s largest shareholder has filed a motion to remove chairman Wang Shi and nearly all of the company’s board. The move… Read More>>

The battle for control of China Vanke, the mainland’s largest property developer, has become an all-out war as the … Read more>>>

wang-shi yu-liang

Has Vanke’s $6.9B Defense Been Blocked by China Resources?

wang-shi yu-liang

2016/06/21 by Andrew Esqueda

China Vanke’s RMB 45.6 billion ($6.9 billion) bid to escape a ‘hostile takeover’ from its largest shareholder has been jeopardized after a recently signed agreement apparently failed to get enough votes from the Shenzhen-based developer’s board of directors.

In a… Read More>>

China Vanke’s RMB 45.6 billion ($6.9 billion) bid to escape a ‘hostile takeover’ from its largest shareholder has been … Read more>>>

Wang shi

China Vanke Seals $6.9B Deal to Escape Hostile Takeover

Wang shi

2016/06/19 by Michael Cole Leave a Comment

The mainland’s largest real estate developer is assured to continue under its current leadership after China Vanke finalised a RMB 45.6 billion ($6.9 billion) agreement to trade shares for sites with the operator of Shenzhen’s subway system.

The agreement, which… Read More>>

The mainland’s largest real estate developer is assured to continue under its current leadership after China Vanke … Read more>>>

Ben Wang Country Garden

Asset-Backed Securities Provide Cheap Financing for Mainland Developers

Ben Wang Country Garden

2016/06/12 by Michael Cole Leave a Comment

New land in China is now going for as much as three times the auction minimum at the same time that the country’s exchange rates, and the global interest rate outlook appear increasingly unstable.

This combination of financial forces is… Read More>>

New land in China is now going for as much as three times the auction minimum at the same time that the country’s … Read more>>>

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