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wang-jianlin

Wanda Revenues Climb 10% Following Overseas Acquisition Spree

wang-jianlin

2016/07/10 by Andrew Esqueda 3 Comments

Dalian Wanda Group reported a 10.6 percent increase in revenue to RMB 119.9 billion ($18 billion) for the first half of 2016, outperforming expectations of flat growth. The conglomerate controlled by billionaire Wang Jianlin saw its revenues rise thanks largely… Read More>>

Dalian Wanda Group reported a 10.6 percent increase in revenue to RMB 119.9 billion ($18 billion) for the first half of … Read more>>>

Asian Investors London

Asian Investors Seen Shopping for Brexit Bargains and More Asia Real Estate Headlines

Asian Investors London

2016/07/10 by Michael Cole Leave a Comment

Half a dozen UK property funds have already suspended trading, but for some Asian investors the Brexit crisis is bargain hunting time, according to a recent report. Plus, officials in Beijing are getting just as tired of the Vanke custody… Read More>>

Half a dozen UK property funds have already suspended trading, but for some Asian investors the Brexit crisis is bargain … Read more>>>

One Island East

Swire to Invest US$1.93B, Add Two New Towers in HK’s Taikoo Place

One Island East

2016/07/07 by Michael Cole Leave a Comment

Swire Properties has announced plans for two new high-end office towers in its Taikoo Place development, adding two million square feet (185,000 square metres) of prime space to the project in Hong Kong’s Quarry Bay.

The two new towers are… Read More>>

Swire Properties has announced plans for two new high-end office towers in its Taikoo Place development, adding two … Read more>>>

Stuart Gibson ESR

e-Shang Redwood Secures Tokyo Site Following Ping An JV

Stuart Gibson ESR

2016/07/07 by Michael Cole 1 Comment

e-Shang Redwood (ESR) has secured a pair of new Tokyo-area sites as the Asian-based logistics developer continues to build up its portfolio in anticipation of a potential IPO later this year.

ESR paid an undisclosed amount to acquire the two… Read More>>

e-Shang Redwood (ESR) has secured a pair of new Tokyo-area sites as the Asian-based logistics developer continues to … Read more>>>

ni pengfei

Top Think Tank Warns of Mainland Property Correction and More Asia Real Estate Headlines

ni pengfei

2016/07/07 by Michael Cole Leave a Comment

Some of China’s biggest developers are raising their 2016 sales targets after a hot first half – just in time for a downturn projected by one of the country’s top think tanks. Meanwhile, the Vanke battle continues as the Baoneng… Read More>>

Some of China’s biggest developers are raising their 2016 sales targets after a hot first half – just in time for a … Read more>>>

Shanghai suburbs

Developers Paid Over $7.5B for Shanghai Land in First Half of 2016

Shanghai suburbs

2016/07/07 by Andrew Esqueda Leave a Comment

The value of land sold in Shanghai totaled RMB 50.6 billion ($7.5 billion) in the first six months of this year with half of the plots fetching premiums double the auction minimums, underscoring the demand for land in China’s first-tier… Read More>>

The value of land sold in Shanghai totaled RMB 50.6 billion ($7.5 billion) in the first six months of this year with … Read more>>>

Lingang 755 Sansome

Miami Investor Flips SF Building to Shanghai Lingang to Make 44% Profit in 17 Months

Lingang 755 Sansome

2016/07/06 by Bruce Haring Leave a Comment

A state-owned firm set up to develop a Shanghai satellite town around the city’s port has found a new safe harbor for its cash, parking $42.6 million into the purchase of a six-storey office building in downtown San Francisco.

Shanghai… Read More>>

A state-owned firm set up to develop a Shanghai satellite town around the city's port has found a new safe harbor for … Read more>>>

126 Madison Avenue

Fosun NYC Project Blocked by Local Regulators and More Asia Real Estate Headlines

126 Madison Avenue

2016/07/06 by Michael Cole Leave a Comment

A joint venture real estate project in Manhattan led by China’s Fosun and local builder JD Carlisle has been stopped after unsuccessfully attempting to exploit a zoning loophole. Meanwhile, back on the mainland, both Greenland Group and Greentown Holdings continue… Read More>>

A joint venture real estate project in Manhattan led by China’s Fosun and local builder JD Carlisle has been stopped … Read more>>>

victoria sharpe

Victoria Sharpe Joins Deutsche AM as Head of Real Estate for APAC

victoria sharpe

2016/07/06 by Michael Cole Leave a Comment

Deutsche Asset Management has brought on board Victoria Sharpe to head up the New York-based financial firm’s real estate investment operations in Asia Pacific.

Sharpe takes over the top role in APAC for Deutsche AM, just weeks after the company… Read More>>

Deutsche Asset Management has brought on board Victoria Sharpe to head up the New York-based financial firm’s real … Read more>>>

Yan Shibiao Vancouver home

Citic Bank Sues to Seize $5.6M in Vancouver Luxury Homes From Chinese Fugitive

Yan Shibiao Vancouver home

2016/07/05 by Andrew Esqueda Leave a Comment

China CITIC Bank Corp, the banking arm of one of the mainland’s largest state-owned investment conglomerates, has filed a lawsuit in Canada to seize real estate assets in Vancouver worth C$7.3 million (US$5.58 million) from a businessman accused of fleeing… Read More>>

China CITIC Bank Corp, the banking arm of one of the mainland’s largest state-owned investment conglomerates, has filed … Read more>>>

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