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Xu Jiayin Evergrande

Evergrande Profits Drop 23% as Debts Climb to $57B

Xu Jiayin Evergrande

2016/09/01 by Cheyenne Hollis Leave a Comment

Evergrande Real Estate’s core net profits fell by 23 percent in the first half of 2016 as an increase in revenue was unable to offset a range of higher costs. Total borrowings for China’s most highly levered developer jumped to… Read More>>

Evergrande Real Estate’s core net profits fell by 23 percent in the first half of 2016 as an increase in revenue was … Read more>>>

jinan haze

Dalian Wanda Group to Build $9.5B Theme Park in Jinan as Joust with Disney Continues

jinan haze

2016/08/31 by Cheyenne Hollis Leave a Comment

Dalian Wanda Group says it will invest RMB 63 billion ($9.45 billion) to build a tourism and sports complex in Jinan, a gritty industrial city of just over 7 million people in northern China’s Shandong province. The combination theme park,… Read More>>

Dalian Wanda Group says it will invest RMB 63 billion ($9.45 billion) to build a tourism and sports complex in Jinan, a … Read more>>>

xu jiayin

China Evergrande Profit Tumbles 23% and More China Real Estate Headlines

xu jiayin

2016/08/31 by Michael Cole Leave a Comment

Aggressive bets by China Evergrande helped the top five developer watch its profits slow by nearly a quarter during the first half of this year, while the Wall Street Journal discovers that Chinese developers have discovered America. Meanwhile, Chinese banks… Read More>>

Aggressive bets by China Evergrande helped the top five developer watch its profits slow by nearly a quarter during the … Read more>>>

Shenzhen International Exhibition Centre

Shenzen Site Fetches Record $4.6B as China Crowns New Land King

Shenzhen International Exhibition Centre

2016/08/31 by Cheyenne Hollis Leave a Comment

A record RMB 31 billion ($4.6 billion) joint bid from China Merchants Shekou Industrial Zone Holdings and Overseas Chinese Town won a mixed-use site at Shenzhen’s planned new convention and exhibition center in the southern Chinese city’s Bao’an district, the… Read More>>

A record RMB 31 billion ($4.6 billion) joint bid from China Merchants Shekou Industrial Zone Holdings and Overseas … Read more>>>

Li Ka-shing

Li Ka-Shing Could Make HK’s Biggest Property Deal With $4.5 Bil Sale of The Center

Li Ka-shing

2016/08/30 by Cheyenne Hollis Leave a Comment

Hong Kong’s richest man could make the city’s biggest property sale, thanks to the support of mainland investors hungry for properties in the Asian financial hub.

The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung… Read More>>

Hong Kong's richest man could make the city's biggest property sale, thanks to the support of mainland investors hungry … Read more>>>

Megan Walters

Megan Walters Named Head of Research for Asia Pacific at JLL

Megan Walters

2016/08/30 by Cheyenne Hollis Leave a Comment

Dr Megan Walters has been promoted to lead JLL’s research efforts across Asia Pacific. Walters, who is based in Singapore will take over from Dr Jane Murray in the property consultancy’s top research role in the region on October 1st… Read More>>

Dr Megan Walters has been promoted to lead JLL’s research efforts across Asia Pacific. Walters, who is based in … Read more>>>

Wang Jianlin

Wang Jianlin Shares Lessons on How to Be a Tycoon and More Asia Real Estate Headlines

Wang Jianlin

2016/08/30 by Michael Cole Leave a Comment

Wang Jianlin’s life advice on how to become a billionaire have gone viral on Chinese social media this week, while more mainlanders get creative in finding ways to borrow more money to buy homes, and there are many more stories… Read More>>

Wang Jianlin’s life advice on how to become a billionaire have gone viral on Chinese social media this week, while more … Read more>>>

Carlyle Central Plaza

Carlyle to Sell Shanghai’s Central Plaza to Vanke for $369 Mil

Carlyle Central Plaza

2016/08/30 by Cheyenne Hollis Leave a Comment

China Vanke plans to buy the Central Plaza office tower in Shanghai from Carlyle Group for RMB 2.46 billion ($368.94 million), according to media reports. Should the deal be completed it would be the third time the building has changed… Read More>>

China Vanke plans to buy the Central Plaza office tower in Shanghai from Carlyle Group for RMB 2.46 billion ($368.94 … Read more>>>

China Life Hong Kong

China Life to Ramp Up Overseas Deals in Wake of 67% Profit Plunge

China Life Hong Kong

2016/08/29 by Greg Isaacson Leave a Comment

China Life, the Beijing-based insurer with major property holdings in the US and Britain, is looking to ramp up its outbound real estate investments, the company told reporters late last week, on the heels of announcing a 67 percent plunge… Read More>>

China Life, the Beijing-based insurer with major property holdings in the US and Britain, is looking to ramp up its … Read more>>>

chuyi wang

Asia Real Estate People in the News 2016-08-29

chuyi wang

2016/08/29 by Michael Cole Leave a Comment

Summer is nearly over, and many of Asia’s real estate professionals are going back to work at a new desk after the summer holidays. This week, China’s richest man loses a team member to a cross-border private equity shop, a… Read More>>

Summer is nearly over, and many of Asia’s real estate professionals are going back to work at a new desk after the … Read more>>>

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