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Grosvenor House London

Fosun Said to Be Seeking London’s $762M Grosvenor House Hotel

Grosvenor House London

2015/03/10 by Michael Cole 1 Comment

China’s Fosun International is said to be pursuing London’s Grosvenor House Hotel, as the investment conglomerate continues to expand its global real estate portfolio.

The five-star London landmark is currently on the market for a reported ₤500 million ($762 million)… Read More>>

China's Fosun International is said to be pursuing London's Grosvenor House Hotel, as the investment conglomerate … Read more>>>

Kaisa bond restructuring

Kaisa Offshore Creditors Told to Wait 5 More Years

Kaisa bond restructuring

2015/03/09 by Michael Cole Leave a Comment

The international creditors of troubled real estate developer Kaisa Holdings may need to wait at least five more years to get back what’s owed to them, and can expect to earn much less than what they signed up for.

This… Read More>>

The international creditors of troubled real estate developer Kaisa Holdings may need to wait at least five more years … Read more>>>

Doug Griffin HSBC

China Real Estate People in the News 2015-03-09

Doug Griffin HSBC

2015/03/09 by Michael Cole Leave a Comment

Life is returning to normal after the spring festival holiday and that means more new roles for the region’s property professionals. This week we see a veteran asset manager join up with a global financial giant, new leadership for Savills… Read More>>

Life is returning to normal after the spring festival holiday and that means more new roles for the region's property … Read more>>>

Lee Shau Kee

12 of the World’s 20 Richest Real Estate Tycoons are Chinese

Lee Shau Kee

2015/03/09 by Michael Cole Leave a Comment

Real estate is good business in most parts of the world, but nowhere is the property business a better place to build wealth than in Asia, according to a recent survey.

The recently released Forbes Rich List, the annual compendium of… Read More>>

Real estate is good business in most parts of the world, but nowhere is the property business a better place to build … Read more>>>

Burlingame Point

Chinese Investor Buys $48M California Site to Build Asian Business Hub

Burlingame Point

2015/03/08 by Michael Cole Leave a Comment

A Chinese-backed investor has paid $47.7 million to acquire a site for a 71,000 square metre (767,000 square foot) business park in the Bay Area city of Burlingame, just south of San Francisco. The buyers of the Burlingame Point project… Read More>>

A Chinese-backed investor has paid $47.7 million to acquire a site for a 71,000 square metre (767,000 square foot) … Read more>>>

130 Elizabeth Street Sydney.

Aoyuan Property Buys Sydney Office Tower for $94.8M

130 Elizabeth Street Sydney.

2015/03/05 by Michael Cole Leave a Comment

Australia may be making noise about slowing down sales of homes to foreigners, but the government’s regulatory moves didn’t stop Aoyuan Property Group from becoming the latest Chinese developer to buy a project in Sydney.

The Guangzhou-based real estate firm… Read More>>

Australia may be making noise about slowing down sales of homes to foreigners, but the government's regulatory moves … Read more>>>

Joe Hockey FIRB

Evergrande Boss’ Sydney Mansion Caught in Aussie Crackdown

Joe Hockey FIRB

2015/03/04 by Michael Cole Leave a Comment

The billionaire owner of China’s Evergrande real estate bought one of the poshest homes in Sydney last year for A$39 million ($30.5 million). But now Xu Jiayin, who also owns Guangzhou Evergrande football club, has 90 days to sell off… Read More>>

The billionaire owner of China's Evergrande real estate bought one of the poshest homes in Sydney last year for A$39 … Read more>>>

Crystal Palace in Bromley.

Chinese Deal for London’s Crystal Palace All in Pieces

Crystal Palace in Bromley.

2015/03/03 by Michael Cole Leave a Comment

A £500 million ($772 million) plan for a Chinese developer to rebuild London’s famed Crystal Palace appears to have fallen apart recently after 16 months of delay.

Despite attracting a shortlist of architects including Zaha Hadid, Richard Rogers and David… Read More>>

A £500 million ($772 million) plan for a Chinese developer to rebuild London's famed Crystal Palace appears to have … Read more>>>

Sun Hongbin Kaisa

Kaisa Seeks to Pay Less and Pay Slower in Talks with Creditors

Sun Hongbin Kaisa

2015/03/03 by Michael Cole Leave a Comment

Woeful and wobbly real estate developer Kaisa Group Holdings revealed its plans for restructuring nearly RMB 48 billion ($7.6 billion) in debts to domestic Chinese creditors today, as the company claws its way back from the brink of default.

The… Read More>>

Woeful and wobbly real estate developer Kaisa Group Holdings revealed its plans for restructuring nearly RMB 48 billion … Read more>>>

Alex Young Nova

China Real Estate People in the News 2015-03-02

Alex Young Nova

2015/03/02 by Michael Cole Leave a Comment

As Greater China’s real estate professionals return from the Spring Festival holiday, many of them are coming back to bigger roles in new cities. This week we have a former agency GM joining a serviced apartment investor, a Shanghai and… Read More>>

As Greater China's real estate professionals return from the Spring Festival holiday, many of them are coming back to … Read more>>>

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