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Vincent Lo Shui On

Shui On Land Still Troubled by Debt After RMB 16B in Asset Sales

Vincent Lo Shui On

2016/08/27 by Cheyenne Hollis Leave a Comment

Shui On Land’s earnings are not expected to bounce back this year, and the real estate developer remains troubled by balance sheet issues, despite selling landmark properties for more than $2.5 billion over the last two years.

According to a… Read More>>

Shui On Land’s earnings are not expected to bounce back this year, and the real estate developer remains troubled by … Read more>>>

Zhou Zheng Joy City

Joy City Sells Stake in 6 Mainland Projects to GIC and China Life for $1.4B

Zhou Zheng Joy City

2016/08/21 by Michael Cole Leave a Comment

Mainland commercial developer Joy City has agreed to sell a 49 percent stake in six mixed-use projects in China to an investment fund to be controlled by Singapore’s GIC and mainland insurer China Life for RMB 9.29 billion ($1.4 billion).

… Read More>>

Mainland commercial developer Joy City has agreed to sell a 49 percent stake in six mixed-use projects in China to an … Read more>>>

Pan Shiyi SOHO

SOHO China Plans to Sell 3 More Shanghai Properties

Pan Shiyi SOHO

2016/08/18 by Michael Cole Leave a Comment

A buy-and-hold strategy may be changing over to a buy-and-sell business model for one of the mainland’s best known property developers, after SOHO China chairman Pan Shiyi revealed this week that the company would sell three more of its Shanghai… Read More>>

A buy-and-hold strategy may be changing over to a buy-and-sell business model for one of the mainland’s best known … Read more>>>

HK Developers Offering 120% Mortgages as Sales Slump

2016/08/17 by Andrew Esqueda Leave a Comment

Hong Kong developers are offering mortgages up to 120 percent of the value of a property with attractive borrowing rates in a bid to boost sales, though some including the Hong Kong Monetary Authority (HKMA) believe this scheme will keep… Read More>>

Hong Kong developers are offering mortgages up to 120 percent of the value of a property with attractive borrowing rates … Read more>>>

Angela Leong On-kei

LVMH Fund Said to Have Sold Stake in Shanghai’s Big Boot to Angela Leong

Angela Leong On-kei

2016/08/15 by Michael Cole Leave a Comment

L Real Estate, a private equity vehicle controlled by the family behind luxury conglomerate LVMH, has reportedly exited its investment in a Shanghai commercial project after selling out its 50 percent stake to a company controlled by Angela Leong On… Read More>>

L Real Estate, a private equity vehicle controlled by the family behind luxury conglomerate LVMH, has reportedly exited … Read more>>>

Liew Mun Leong

SG’s Surbana Jurong Acquires Australia’s SMEC Holdings for $297M

Liew Mun Leong

2016/08/11 by Michael Cole Leave a Comment

Singapore-based urban development consultancy Surbana Jurong has acquired Australian competitor SMEC Holdings for approximately $297 million, according to a joint statement by the two companies.

The acquisition by the subsidiary of Singapore’s Temasek Holdings will create a 10,000 person consultancy… Read More>>

Singapore-based urban development consultancy Surbana Jurong has acquired Australian competitor SMEC Holdings for … Read more>>>

Ada Wong Champion REIT

HK-Listed Champion REIT Raises Distributions 15%

Ada Wong Champion REIT

2016/08/10 by Michael Cole Leave a Comment

Hong Kong-listed real estate investment trust Champion REIT raised its distributions per unit for the first half of 2016 by 15 percent compared to the same period last year, following solid growth in rental income from its portfolio of commercial… Read More>>

Hong Kong-listed real estate investment trust Champion REIT raised its distributions per unit for the first half of 2016 … Read more>>>

ffan wanda baidu

Wanda Whiffs on $3B Ecommerce JV with Tencent and Baidu

ffan wanda baidu

2016/08/04 by Michael Cole Leave a Comment

China’s richest man may have just gotten a bit poorer after Internet giants Tencent and Baidu apparently walked away from a $3 billion ecommerce joint venture with Wang Jianlin’s Dalian Wanda group.

Just two years ago, Wang was trumpeting the… Read More>>

China’s richest man may have just gotten a bit poorer after Internet giants Tencent and Baidu apparently walked away … Read more>>>

Sun Hongbin Sunac

Sunac Moves Forward on RMB 4.4B Deal to Acquire 7 Mainland Projects

Sun Hongbin Sunac

2016/08/01 by Michael Cole Leave a Comment

Real estate developer Sunac China Holdings is asking for shareholder approval on a RMB 4.4 billion ($663 million) deal to acquire seven projects in six Chinese cities, including developments in Shanghai, Hangzhou and Shenzhen, from Hong Kong-based competitor Top Spring… Read More>>

Real estate developer Sunac China Holdings is asking for shareholder approval on a RMB 4.4 billion ($663 million) deal … Read more>>>

SOHO China Yan Yan with Guohua

SOHO China Sells Pudong Project to Mainland Insurer for RMB 3.2B

SOHO China Yan Yan with Guohua

2016/07/31 by Michael Cole Leave a Comment

SOHO China, the Beijing-based real estate developer controlled by celebrity entrepreneurs Zhang Xin and Pan Shiyi, confirmed on Friday that it has sold a commercial building in Shanghai’s Pudong district to a mainland insurer for RMB 3.2 billion ($485 million).

… Read More>>

SOHO China, the Beijing-based real estate developer controlled by celebrity entrepreneurs Zhang Xin and Pan Shiyi, … Read more>>>

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