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Tong Jinquang Summit Property

Chinese Developer to Buy 60% of Singapore REIT IPO

Tong Jinquang Summit Property

2014/07/17 by Michael Cole Leave a Comment

The real estate billionaire behind a Shanghai shopping mall and hotel plans to buy up the majority of an upcoming Singapore REIT offering as China’s property developers continue to look for ways to invest their wealth overseas.

According to a… Read More>>

The real estate billionaire behind a Shanghai shopping mall and hotel plans to buy up the majority of an upcoming … Read more>>>

Jacob Javits Center

Mystery Mainland Developer Plans NYC Tower for China Buyers

Jacob Javits Center

2014/07/17 by Michael Cole Leave a Comment

A new 380,000 square foot (35,303 square metre) tower in Midtown Manhattan was just announced today, and its developers — one of which appears to represent anonymous mainland investors — appear set on turning Chinese capital into New York profits.

… Read More>>

A new 380,000 square foot (35,303 square metre) tower in Midtown Manhattan was just announced today, and its developers … Read more>>>

China land auction

Real Estate Investment Skid Slowing Down Land Prices

China land auction

2014/07/16 by Michael Cole Leave a Comment

Investment by China’s real estate developers continued to slow during June, as the industry is squeezed between rapidly growing inventory and dropping demand, according to government statistics released today.

And these difficulties facing property firms are rapidly spreading to the… Read More>>

Investment by China's real estate developers continued to slow during June, as the industry is squeezed between rapidly … Read more>>>

Jon Zehner LaSalle

LaSalle Raises $1B to Invest in Asian Real Estate

Jon Zehner LaSalle

2014/07/16 by Michael Cole Leave a Comment

Despite signs of a downturn in Asian property markets, the region’s real estate sector received another vote of confidence from international investors this week, when LaSalle Investment Management announced its successful recruitment of $1 billion in new equity for investment… Read More>>

Despite signs of a downturn in Asian property markets, the region's real estate sector received another vote of … Read more>>>

Wan Qingliang

Guangzhou Party Leader’s Fall Tied to Corrupt Real Estate Deals

Wan Qingliang

2014/07/15 by Michael Cole Leave a Comment

Late last month Guangzhou Party Secretary Wan Qingliang became one of the highest level Chinese officials to lose his job amidst the country’s current anti-corruption campaign, and China media sources are now alleging that a history of dirty real estate… Read More>>

Late last month Guangzhou Party Secretary Wan Qingliang became one of the highest level Chinese officials to lose his … Read more>>>

Charles De Portes Redwood Group

Sam Zell’s Favorite China Logistics Developer Gets $144M Investment From PGGM

Charles De Portes Redwood Group

2014/07/15 by Michael Cole Leave a Comment

Logistics fund manager The Redwood Group this week announced an agreement with Dutch pension fund service provider PGGM that will pour $144M into the group’s warehouse development projects in China.

The investment by PGGM’s Private Real Estate Fund is the… Read More>>

Logistics fund manager The Redwood Group this week announced an agreement with Dutch pension fund service provider PGGM … Read more>>>

Blackstone Stephen Schwarzman

Blackstone Prefers China’s Warehouses Over Residential

Blackstone Stephen Schwarzman

2014/07/14 by Michael Cole 1 Comment

The head of alternative investment giant Blackstone finds China’s warehouses more interesting than luxury apartments, and just might be in the market for office buildings or shopping malls.

Stephen Schwarzman, chairman and CEO of the US-based private equity firm was… Read More>>

The head of alternative investment giant Blackstone finds China's warehouses more interesting than luxury apartments, … Read more>>>

Longfor Guanyinqiao project

Developer Longfor Turns to Standard Chartered PE for Financing

Longfor Guanyinqiao project

2014/07/14 by Michael Cole Leave a Comment

A cross-border consortium of private equity investors led by a unit of Standard Chartered Bank last week put $124 million into a Chongqing real estate project in a deal that may signal a greater role for private investment funds in… Read More>>

A cross-border consortium of private equity investors led by a unit of Standard Chartered Bank last week put $124 … Read more>>>

Chloe Teo

China Real Estate People in the News 2014-07-14

Chloe Teo

2014/07/14 by Michael Cole Leave a Comment

This week China’s real estate community sees another tranche of promotions at JLL, someone receiving an upgrade at Colliers in Singapore, and a new face at EC Harris in Hong Kong. Read on for more details.

Brian Fu has joined… Read More>>

This week China’s real estate community sees another tranche of promotions at JLL, someone receiving an upgrade at … Read more>>>

Mercer Expat Survey 2014

Shanghai and Beijing Rank as 10th and 11th Most Expensive Cities

Mercer Expat Survey 2014

2014/07/14 by Michael Cole Leave a Comment

New York is cheaper than Beijing and London’s a better bargain than Shanghai, but at least Hong Kong is cheaper than Luanda, Angola.

A report on the cost of living in major cities around the world shows that Hong Kong, Singapore,… Read More>>

New York is cheaper than Beijing and London's a better bargain than Shanghai, but at least Hong Kong is cheaper than … Read more>>>

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