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Sun Hongbing

Sunac Buys $2.2 Bil Stake in Chinese Tech Giant Le Eco

Sun Hongbing

2017/01/16 by Michael Cole Leave a Comment

China’s seventh largest property developer now seems determined to be a player in the country’s high tech sector after Sunac Holdings chairman Sun Hongbin agreed to pay the equivalent of $2.2 billion for a stake in cash-strapped LeEco, according to… Read More>>

China’s seventh largest property developer now seems determined to be a player in the country’s high tech sector after … Read more>>>

Fosun Chairman Guo Guanchang

China’s Fosun Buys Historic Moscow Building Near the Kremlin for Reported $168 Mil

Fosun Chairman Guo Guanchang

2017/01/16 by Michael Cole Leave a Comment

Putin’s best-known billionaire admirer is about to step into the White House and just in case Russia wasn’t being sent enough love, one of China’s best known tycoons just gave the country his own $168 million vote of confidence.

Guo… Read More>>

Putin’s best-known billionaire admirer is about to step into the White House and just in case Russia wasn’t being sent … Read more>>>

Asia Real Estate People in the News 2017-01-16

2017/01/16 by Michael Cole Leave a Comment

This week Asia’s crew of real estate people includes a hotel chief who’s put on his travelling shoes again, an investment broker headed back to Merry Olde, and a few more familiar faces in new places as we progress through… Read More>>

This week Asia’s crew of real estate people includes a hotel chief who’s put on his travelling shoes again, an … Read more>>>

Wanda Way

Dalian Wanda Revenues Drop 14% Despite Global Expansion Spree

Wanda Way

2017/01/15 by Michael Cole Leave a Comment

Dalian Wanda Group chairman Wang Jianlin has used his status as China’s richest man to offer speeches and books on the way he built a local real estate company in northern China into one of the world’s largest property developers.

… Read More>>

Dalian Wanda Group chairman Wang Jianlin has used his status as China’s richest man to offer speeches and books on the … Read more>>>

Yip Hoong Mun

Singapore’s Metro Holdings Names Yip Hoong Mun as China CEO

Yip Hoong Mun

2017/01/15 by Michael Cole Leave a Comment

Singapore-listed Metro Holdings has named former CapitaLand executive Yip Hoong Mun as chief executive officer for its China operation and chief operating officer for the retail real estate development specialist, according to a statement to the stock exchange.

Yip steps… Read More>>

Singapore-listed Metro Holdings has named former CapitaLand executive Yip Hoong Mun as chief executive officer for its … Read more>>>

Wang Shi Vanke

Shenzhen Metro Steps in as China Resources Exits Vanke and More Asia Real Estate Headlines

Wang Shi Vanke

2017/01/15 by Michael Cole Leave a Comment

One of the biggest takeover battles in Chinese corporate history appears to be coming to a close as China Resources sells its Vanke stake to Shenzhen Metro. Also in the headlines to start the week, China’s best known think tank… Read More>>

One of the biggest takeover battles in Chinese corporate history appears to be coming to a close as China Resources … Read more>>>

MIng Z Mei GLP

Blackstone, Warburg Pincus Said Bidding Against CIC for GLP

MIng Z Mei GLP

2017/01/12 by Michael Cole Leave a Comment

GLP hired JP Morgan just over a month ago to conduct a strategic review of its $8.6 billion business, and the investment bank appears to be earning its fees as two of the world’s largest private equity firms are now… Read More>>

GLP hired JP Morgan just over a month ago to conduct a strategic review of its $8.6 billion business, and the investment … Read more>>>

Sorapoj-Techakraisri

Goldman and Apollo Team Up for $235M Investment in Thailand’s Tallest Tower

Sorapoj-Techakraisri

2017/01/12 by Michael Cole Leave a Comment

While Vietnam and the Philippines may be the southeast Asian markets getting the most attention from real estate investors this year, Goldman Sachs and Apollo Global Management have headed to Bangkok for a $235 million investment in a project that… Read More>>

While Vietnam and the Philippines may be the southeast Asian markets getting the most attention from real estate … Read more>>>

Guangzhou CTF

Guangzhou CTF Tower Opens as China’s Second Tallest and More Asia Real Estate Headlines

Guangzhou CTF

2017/01/12 by Michael Cole Leave a Comment

If reaching the apex of the world’s fourth tallest building is on your bucket list, then you now have another reason to visit Guangzhou, following the completion of the new 1,739 foot tall tower there. Also in the news this… Read More>>

If reaching the apex of the world’s fourth tallest building is on your bucket list, then you now have another reason to … Read more>>>

Greentown China Song Weiping

Greentown China Announces $2.9B Global Investment Plan

Greentown China Song Weiping

2017/01/11 by Michael Cole Leave a Comment

After teetering on the edge of bankruptcy in 2014, real estate developer Greentown China has bounced back. Just two years after nearly selling itself to pay off creditors, the once insolvent home builder this week announced a RMB 20 billion… Read More>>

After teetering on the edge of bankruptcy in 2014, real estate developer Greentown China has bounced back. Just two … Read more>>>

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