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Liping Zhang Blackstone

Blackstone May Sell $1.9B in China Assets to Vanke-Led Fund

Liping Zhang Blackstone

2016/07/12 by Michael Cole 1 Comment

China’s biggest developer is in talks to buy RMB 12.9 billion ($1.9 billion) in commercial property from an unspecified seller, which appears to be America’s biggest landlord, following a statement today from China Vanke regarding deal discussions.

The property firm… Read More>>

China’s biggest developer is in talks to buy RMB 12.9 billion ($1.9 billion) in commercial property from an unspecified … Read more>>>

Michael Purefoy Baron Li

Wanda’s Gold Coast Jewel Losing Lustre After Year of Slow Sales

Michael Purefoy Baron Li

2016/07/12 by Olivia Chen 1 Comment

China’s Dalian Wanda Group’s 512-apartment Jewel project on Australia’s Gold Coast may be losing its shine after the company revealed that only 25 percent of apartments in the luxury condo complex have sold since the joint venture with fellow Chinese… Read More>>

China's Dalian Wanda Group's 512-apartment Jewel project on Australia's Gold Coast may be losing its shine after the … Read more>>>

Aaron Desange JLL

JLL Boosts Greater China Hotel Team Amid Mainland Tourism Boom

Aaron Desange JLL

2016/07/12 by Michael Cole Leave a Comment

International real estate service provider JLL is ramping up its hotel brokerage team in Greater China as the mainland undergoes an unprecedented tourism boom.

The US-based property consultancy is expanding its Hotels & Hospitality Group in Shanghai and Hong Kong… Read More>>

International real estate service provider JLL is ramping up its hotel brokerage team in Greater China as the mainland … Read more>>>

Tseung Kwan O Hong Kong

Leighton-CSCEC JV Wins $1.2B HK Tunnel Deal and More Asia Real Estate Headlines

Tseung Kwan O Hong Kong

2016/07/12 by Michael Cole Leave a Comment

An Australian-Chinese joint venture has won a long-delayed contract to build a new tunnel in Hong Kong, the world’s biggest warehouse builder is seeking $302 million in new funding for its mainland branch, and officials in China’s Zhejiang province are… Read More>>

An Australian-Chinese joint venture has won a long-delayed contract to build a new tunnel in Hong Kong, the world’s … Read more>>>

WeWork Shanghai

WeWork Opens First Asian Centre in Shanghai

WeWork Shanghai

2016/07/11 by Greg Isaacson Leave a Comment

WeWork, the Manhattan-based communal office provider, launched its first Asia location in Shanghai this month as companies work to gauge the depth of demand for co-working space in Asia. The US$16 billion startup’s beachhead in the region opened for business… Read More>>

WeWork, the Manhattan-based communal office provider, launched its first Asia location in Shanghai this month as … Read more>>>

Anthony-Couse

After a Boom Decade, Shanghai Still Needs Room to Grow

Anthony-Couse

2016/07/11 by Michael Cole Leave a Comment

“Ten years ago, there were construction cranes everywhere in downtown Shanghai,” recalls Anthony Couse, the outgoing Managing Director of property consultancy JLL’s Shanghai and East China offices. The city was in the midst of a massive construction boom. Many analysts… Read More>>

“Ten years ago, there were construction cranes everywhere in downtown Shanghai,” recalls Anthony Couse, the outgoing … Read more>>>

carrie liang

Asia Real Estate People in the News 2016-07-11

carrie liang

2016/07/11 by Michael Cole Leave a Comment

This week there were more job changes than we have time or room to cover here at Mingtiandi, but we picked out a few key people to watch while we all enjoy the typhoon. During this second week of July… Read More>>

This week there were more job changes than we have time or room to cover here at Mingtiandi, but we picked out a few key … Read more>>>

Lawrence Yun NAR

Chinese The Biggest Foreign Buyers of US Homes for 4th Year in a Row

Lawrence Yun NAR

2016/07/10 by Andrew Esqueda 1 Comment

Chinese buyers purchased $27.3 billion in US residential property in the year to March, exceeding the value of the next four largest overseas investors combined in terms of dollar volume and making them the top cross-border buyer of American real… Read More>>

Chinese buyers purchased $27.3 billion in US residential property in the year to March, exceeding the value of the next … Read more>>>

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>>>

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