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Xu Jiayin Evergrande

Evergrande June Sales Reach New Record of RMB 13.1B

Xu Jiayin Evergrande

2014/07/08 by Michael Cole Leave a Comment

Evergrande Real Estate Group (HKG:3333) announced this week that it had set a new record for sales revenue in June, reaching RMB 13.1 billion. The strong sales by the top five Chinese developer appears to demonstrate the growing split between… Read More>>

Evergrande Real Estate Group (HKG:3333) announced this week that it had set a new record for sales revenue in June, … Read more>>>

Jinan Grand Theatre

Bank Grabs Assets of Defaulting Chinese Developer

Jinan Grand Theatre

2014/07/07 by Michael Cole Leave a Comment

A government-owned bank in the city of Jinan has confiscated and begun selling off the assets of a delinquent local government real estate company, after successfully suing the property firm in court.

Qilu Bank Co, announced last week that it… Read More>>

A government-owned bank in the city of Jinan has confiscated and begun selling off the assets of a delinquent local … Read more>>>

Vanke CEO Yu Liang

China Vanke June Sales Up 44% to RMB 19.4B

Vanke CEO Yu Liang

2014/07/07 by Michael Cole Leave a Comment

Although China’s real estate market is having a rough year, China Vanke, the country’s biggest developer, just declared a 44 percent increase in contracted sales.

According to an announcement from the company on Friday, the newly Hong Kong listed real… Read More>>

Although China's real estate market is having a rough year, China Vanke, the country's biggest developer, just declared … Read more>>>

Yuehe International Plaza

Shanghai Project Frozen By Courts as Developer Can’t Pay Bills

Yuehe International Plaza

2014/06/30 by Michael Cole Leave a Comment

The credit problems of China’s real estate industry spread into its first-tier cities recently when a 220,000 square metre development project was halted by the courts after the developer ran out of cash.

The suspension of the mixed-use project belonging… Read More>>

The credit problems of China's real estate industry spread into its first-tier cities recently when a 220,000 square … Read more>>>

Grand Hyatt Hotel Shanghai

Franshion Properties Raises $414M in Jinmao Hotel Group IPO

Grand Hyatt Hotel Shanghai

2014/06/27 by Michael Cole Leave a Comment

Chinese hotel development group Jinmao Investments and Jinmao (China) received a lukewarm welcome in its debut on the Hong Kong stock exchange yesterday, raising HK$3.2 billion ($414 million) in an undersubscribed IPO.

The spin-off of hospitality assets from mainland developer… Read More>>

Chinese hotel development group Jinmao Investments and Jinmao (China) received a lukewarm welcome in its debut on the … Read more>>>

Yang Dingguo Zhongdou Group

Hangzhou Developer Arrested After Loan Default and Fraud Reports

Yang Dingguo Zhongdou Group

2014/06/25 by Michael Cole 1 Comment

China’s real estate industry and the shadow banking network that it relies on received a collective black eye this week when a Hangzhou developer first defaulted on loan payments, and was later arrested on fraud allegations surrounding RMB 2 billion… Read More>>

China's real estate industry and the shadow banking network that it relies on received a collective black eye this week … Read more>>>

Guo-Rui Square

China Property Developer Hopes to Raise $242M in HK IPO

Guo-Rui Square

2014/06/24 by Michael Cole Leave a Comment

Despite an onslaught of scary headlines about Chinese real estate, at least one mainland property developer sees 2014 as a good time to start selling shares on Hong Kong’s stock market.

Beijing-based Guorui Properties Ltd is hoping to raise $242.4… Read More>>

Despite an onslaught of scary headlines about Chinese real estate, at least one mainland property developer sees 2014 as … Read more>>>

China port logistics

China Developers Face $32.7B in 2015 Trust Payments

China port logistics

2014/06/23 by Michael Cole Leave a Comment

The 2014 real estate slowdown could rapidly transform into a 2015 property bloodbath if statistics on trust obligations owed by China’s property developers prove true, and a recent scandal surrounding commodity-backed loans is helping to further cloud the country’s credit situation.

… Read More>>

The 2014 real estate slowdown could rapidly transform into a 2015 property bloodbath if statistics on trust obligations … Read more>>>

REIW Asia

Mingtiandi to Lead $7B Investor Panel at Real Estate Conference

REIW Asia

2014/06/23 by Michael Cole Leave a Comment

With China’s real estate market continuing to dominate the headlines across Asia and globally, the opportunities created by the current market turmoil will be a major topic at a regional real estate investment conference in Singapore this week.

Real Estate… Read More>>

With China's real estate market continuing to dominate the headlines across Asia and globally, the opportunities created … Read more>>>

Goodman Interlink Hong Kong

Goodman Signs 3 New Leases in China and Prices $400M Note

Goodman Interlink Hong Kong

2014/06/19 by Michael Cole Leave a Comment

Australian real estate developer Goodman Group scored three new warehouse leases and a successful round of debt financing as the company continues to profit from Greater China’s rapidly growing logistics sector.

Last week the company’s Goodman Hong Kong Logistics Fund… Read More>>

Australian real estate developer Goodman Group scored three new warehouse leases and a successful round of debt … Read more>>>

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