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Cheng Yu-tung

New World Founder Cheng Yu-tung Dies at 91, Leaves $15B Fortune

Cheng Yu-tung

2016/10/03 by Michael Cole Leave a Comment

The founder of one of Asia’s largest property empires passed away last week leaving behind a $15 billion fortune gathered over nearly 50 years in the region’s real estate industry.

Cheng Yu-tung, who founded New World Development in 1970, and… Read More>>

The founder of one of Asia’s largest property empires passed away last week leaving behind a $15 billion fortune … Read more>>>

Michelle Wong

Asia Real Estate People in the News 2016-10-03

Michelle Wong

2016/10/03 by Cheyenne Hollis Leave a Comment

It may be a holiday week, but that hasn’t stopped some of Asia’s real estate professionals from starting new positions. Nanjing’s Sanpower added a cross-border investment specialist, while Xinyuan Real Estate brought onboard a new CFO, and DTZ | Cushman… Read More>>

It may be a holiday week, but that hasn’t stopped some of Asia’s real estate professionals from starting new positions. … Read more>>>

Wang Jianlin

China’s Richest Man Warns Of Biggest Housing Bubble In History

Wang Jianlin

2016/09/29 by Cheyenne Hollis Leave a Comment

Dalian Wanda chairman Wang Jianlin believes China’s real estate sector is facing the biggest housing bubble in history and warned China’s leaders could face a similar headache in the property sector to what it had to deal with when the… Read More>>

Dalian Wanda chairman Wang Jianlin believes China’s real estate sector is facing the biggest housing bubble in history … Read more>>>

Jackie Chan Evergrande Spring

Evergrande Dumps Money-Losing Consumer Businesses to Refocus on Real Estate

Jackie Chan Evergrande Spring

2016/09/29 by Cheyenne Hollis Leave a Comment

With debt obligations sitting at RMB 381.3 billion ($57 billion) as of the end of June, Evergrande Group has dumped its money-losing agribusiness, dairy and spring water divisions as Xu Jiayin’s dreams of branching out from real estate into consumer… Read More>>

With debt obligations sitting at RMB 381.3 billion ($57 billion) as of the end of June, Evergrande Group has dumped its … Read more>>>

Lei Jun Xiaomi

Xiaomi Plans 1,000 Mainland Stores and More Asia Real Estate Headlines

Lei Jun Xiaomi

2016/09/29 by Michael Cole Leave a Comment

Xiaomi, the Chinese phone maker that built its reputation via online-only sales, may give a boost to physical retail by opening 1,000 new shops on the mainland. Also in the news, GIC and CPPIB could lead the bidding for a… Read More>>

Xiaomi, the Chinese phone maker that built its reputation via online-only sales, may give a boost to physical retail by … Read more>>>

zhong-sheng-jian yanlord

Two Suzhou Land Plots Fetch $753.7M As Second Tier Cities Heat Up

zhong-sheng-jian yanlord

2016/09/29 by Cheyenne Hollis Leave a Comment

Last week it was Nanjing bringing in a staggering $6 billion in land sales. This week it’s Suzhou’s turn to make some noise after Yanlord Group acquired two land plots in the city for RMB 3.7 billion ($753.7 million) at… Read More>>

Last week it was Nanjing bringing in a staggering $6 billion in land sales. This week it’s Suzhou’s turn to make some … Read more>>>

Great Wall Crowd

Happy National Day From Mingtiandi

Great Wall Crowd

2016/09/29 by Michael Cole Leave a Comment

Today we are wrapping up September, which means it’s time to get ready for one of China’s biggest holidays of the year, the National Day celebration, which starts on October 1st.

The People’s Republic of China was founded on October… Read More>>

Today we are wrapping up September, which means it’s time to get ready for one of China’s biggest holidays of the year, … Read more>>>

Tom Barrack

Colony Seals Deal with China’s Oceanwide to Bring Atlantis Resort to Hawaii

Tom Barrack

2016/09/28 by Michael Cole Leave a Comment

US hotels and resorts continue to be a target for Chinese investors after one of the mainland’s biggest property developers recently signed a deal with Kerzner International to develop a super-luxury Atlantis resort on the Hawaiian island of Oahu.

China’s… Read More>>

US hotels and resorts continue to be a target for Chinese investors after one of the mainland’s biggest property … Read more>>>

UBS Bubble Index Shows Impact of Chinese Investors on Vancouver, Sydney

2016/09/28 by Cheyenne Hollis Leave a Comment

As housing markets on the mainland have started to look more dicey, Chinese home buyers have flocked to global gateway cities such as Vancouver and Sydney, driving up home prices and stunning local residents.

Analysts have cautioned that mainland capital… Read More>>

As housing markets on the mainland have started to look more dicey, Chinese home buyers have flocked to global gateway … Read more>>>

Shenzhen micro-flat

Shenzhen Bans Sale of 6 SQM Apartments After Online Uproar and More Asia Real Estate Headlines

Shenzhen micro-flat

2016/09/28 by Michael Cole Leave a Comment

Leading today’s Asia real estate news, authorities in Shenzhen have stepped in to stop the sale of a group of illegal micro-flats as the southern Chinese city’s housing market continues to hyperventilate. All this housing enthusiasm has proved profitable for… Read More>>

Leading today’s Asia real estate news, authorities in Shenzhen have stepped in to stop the sale of a group of illegal … Read more>>>

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