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Wuhan Wanda Movie Park

Wanda Closes RMB 7B Theme Park for Renovation 19 Months After Opening

Wuhan Wanda Movie Park

2016/08/05 by Bruce Haring Leave a Comment

The highly touted Wuhan Wanda Movie Park, owned by China’s largest real estate company, the Dalian Wanda Group, has closed for “upgrades and renovation” just 19 months after the grand opening of the RMB 7 billion ($1.05 billion) attraction. The… Read More>>

The highly touted Wuhan Wanda Movie Park, owned by China’s largest real estate company, the Dalian Wanda Group, has … Read more>>>

Ling Ke Gemdale

Gemdale Sets High Mark for 2016 With RMB 8.8B Pudong Land Deal

Ling Ke Gemdale

2016/08/05 by Andrew Esqueda Leave a Comment

Gemdale Corp has taken the title of China’s new ‘land king’ as the developer outbid more than 20 rivals to pay RMB 8.8 billion ($1.3 billion) for a 140,252 square-meter parcel of land in Shanghai last week.

The Shanghai-listed company’s… Read More>>

Gemdale Corp has taken the title of China’s new ‘land king’ as the developer outbid more than 20 rivals to pay RMB 8.8 … Read more>>>

Fosun chairman Guo Guangchang

Fosun Said Bidding to Take Over AC Milan and More Asia Real Estate Headlines

Fosun chairman Guo Guangchang

2016/08/05 by Michael Cole Leave a Comment

Guo Guangchang’s Fosun, one of China’s biggest property investors, is expanding its portfolio into sports teams, as the Shanghai-based firm is said to be seeking to acquire AC Milan, after buying the UK’s Wolverhampton football team last month. Also in… Read More>>

Guo Guangchang’s Fosun, one of China’s biggest property investors, is expanding its portfolio into sports teams, as the … 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>>>

Zhenhua Wang Jiangsu Future Land

Future Land Plans to Sell Hongkou Homes for RMB 120K/SQM

Zhenhua Wang Jiangsu Future Land

2016/08/04 by Andrew Esqueda Leave a Comment

Hong Kong-listed Future Land Development plans to sell high-end units at its new project in Shanghai’s Hongkou district for RMB 120,000 per square meter, representing more than a 20 percent premium over current selling prices in the area.

“There is… Read More>>

Hong Kong-listed Future Land Development plans to sell high-end units at its new project in Shanghai’s Hongkou district … Read more>>>

Fosun CEO Liang Xinjun

Fosun Preparing to Sell $6B in Assets and More Asia Real Estate Headlines

Fosun CEO Liang Xinjun

2016/08/04 by Michael Cole Leave a Comment

One of China’s biggest cross-border investors says it may try some divestment, although Guo Guangchang’s Fosun isn’t yet saying what assets it might put on the block. Also in the news today, Vancouver is already feeling the impact of a… Read More>>

One of China’s biggest cross-border investors says it may try some divestment, although Guo Guangchang’s Fosun isn’t yet … Read more>>>

gerald-hines

Hines May Add 475 Homes to Boston Project After Gemdale JV

gerald-hines

2016/08/03 by Michael Cole Leave a Comment

Leading US developer Hines teamed up with China’s Gemdale Properties & Investment in May to help kickstart a Boston project that has been in the works since 1990.

Now, just over three months later, the transpacific partners have submitted revised… Read More>>

Leading US developer Hines teamed up with China’s Gemdale Properties & Investment in May to help kickstart a Boston … Read more>>>

Xinyuan RKO Theatre Project

China’s Xinyuan Buys NYC Theatre for $66M in Latest US Condo Project

Xinyuan RKO Theatre Project

2016/08/03 by Michael Cole Leave a Comment

NYSE-listed Xinyuan Real Estate has purchased a theatre in Queens, New York from JK Equities LLC for $66 million, as the mainland Chinese developer prepares to build its third condo project in New York City.

Xinyuan, which in 2012 was… Read More>>

NYSE-listed Xinyuan Real Estate has purchased a theatre in Queens, New York from JK Equities LLC for $66 million, as the … Read more>>>

Najib Razak

China Home Prices Rise for 15th Consecutive Month and More Asia Real Estate Headlines

Najib Razak

2016/08/02 by Michael Cole Leave a Comment

Among the biggest stories as we kick off August is the strong performance of China’s residential market, where sales rose again in July. That upswing helped some mainland developers to announce better than expected sales, while their Hong Kong counterparts… Read More>>

Among the biggest stories as we kick off August is the strong performance of China’s residential market, where sales … Read more>>>

Public Chicago Hotel

Gaw Capital Buys Chicago Hotel for $60M

Public Chicago Hotel

2016/08/01 by Michael Cole Leave a Comment

Hong Kong-based Gaw Capital has made its latest purchase of a US property asset after the cross-border real estate private equity specialist last week acquired a 285-room Chicago boutique hotel, together with a partner for $60 million.

A US subsidiary… Read More>>

Hong Kong-based Gaw Capital has made its latest purchase of a US property asset after the cross-border real estate … Read more>>>

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