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Grant Kelley CDL Singapore

PE Veteran Grant Kelley Takes Over at Singapore Developer

Grant Kelley CDL Singapore

2014/01/20 by Michael Cole Leave a Comment

City Developments Ltd, the Singapore-listed developer which owns the Millennium & Copthorne hotel chain, moved to internationalise its operations on Friday with the appointment of Apollo Global Management real estate head Grant Kelley as its new chief executive.

Kelley has… Read More>>

City Developments Ltd, the Singapore-listed developer which owns the Millennium & Copthorne hotel chain, moved to … Read more>>>

Ed Farrelly

China Real Estate People in the News 2014-01-20

Ed Farrelly

2014/01/20 by Michael Cole Leave a Comment

Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or decided to tell their boss that they are headed off early for Chinese New Year and run out the door,… Read More>>

Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, … Read more>>>

Mingtiandi speed

Better, Stronger, Faster — It’s the New Mingtiandi

Mingtiandi speed

2014/01/20 by Michael Cole Leave a Comment

Today I’m rolling out a new version of Mingtiandi with a range of content, design and technology improvements that will bring you more real estate information, make stories easier to find, and deliver that content faster whether you are working… Read More>>

Today I'm rolling out a new version of Mingtiandi with a range of content, design and technology improvements that will … Read more>>>

China Ultra-wealthy

Savills Report Finds 111% Increase in Real Estate Deals by the Super-Rich

China Ultra-wealthy

2014/01/20 by Syndicated Content Leave a Comment

Investment in big ticket real estate deals by private individuals has risen more than 111 percent in the last five years, with Asian investors leading the surge.

A new report by real estate services firm Savills, in partnership with Singapore cosultancy Wealth-X finds that while corporate real estate investments have increased 43 percent since 2008, real estate acquisitiosn in excess of US$10 million by the world’s wealthy rose by 111 percent in the same period.

Investment in big ticket real estate deals by private individuals has risen more than 111 percent in the last five … Read more>>>

China buys UK countryside

Not Just London – Chinese Now Buying Up British Country Estates

China buys UK countryside

2014/01/20 by Syndicated Content Leave a Comment

While China’s investors have been buying up London real estate in recent years, and firms like Greenland Group and Dalian Wanda have made billion dollar acquisitions of commercial properties, the country’s nouveau riche are now moving into the English countryside.

According to a story from the UK’s Guardian, Chinese investors are among the growing numbers of rich foreigners buying farms and country estates across Britain.

While China's investors have been buying up London real estate in recent years, and firms like Greenland Group and … Read more>>>

Megan Walters Jones Lang LaSalle

Asia Real Estate Investment Reached US$126.7B in 2013 Says JLL

Megan Walters Jones Lang LaSalle

2014/01/20 by Michael Cole Leave a Comment

Data just released by Jones Lang LaSalle (JLL) shows that 2013 was the strongest year on record for commercial real estate markets in Asia Pacific, with direct investment reaching US$126.7 billion by year-end. Transaction volumes over the year were up… Read More>>

Data just released by Jones Lang LaSalle (JLL) shows that 2013 was the strongest year on record for commercial real … Read more>>>

Guangzhou Evergrande Xu Jiayin

Evergrande Lowballs Bond Holders With Buyout Offer

Guangzhou Evergrande Xu Jiayin

2014/01/20 by Syndicated Content Leave a Comment

Evergrande Real Estate Group, one of China’s five largest real estate developers is adopting an aggressive approach to renegotiating its current debt commitment as the nation’s real estate firms search for ways to continue to financing their businesses amidst a government crackdown.

The company made a controversial compensation offer to existing bondholders recently, which appears aimed at making it easier for the Guangzhou-based firm to take on further debt.

Evergrande Real Estate Group, one of China's five largest real estate developers is adopting an aggressive approach to … Read more>>>

Blackstone Stephen Schwarzman Liu Yandong

Blackstone Close to Completing Takeover of HK Developer Tysan

Blackstone Stephen Schwarzman Liu Yandong

2014/01/16 by Michael Cole Leave a Comment

Blackstone Group has effectively taken over control of Hong Kong-listed real estate developer Tysan Holdings by buying up 71 percent of the shares in the company, as the global private equity giant seeks easier access to China real estate opportunities.

According an annoucement in the Shanghai Securities News, Blackstone acquired 65.5 percent of the shares on January 3rd for HK$1.64 billion ($211.5 million)

Blackstone Group has effectively taken over control of Hong Kong-listed real estate developer Tysan Holdings by buying … Read more>>>

Greenland Melbourne Site

Greenland Group Targets $8B in Overseas Acquisitions in 2014

Greenland Melbourne Site

2014/01/16 by Michael Cole Leave a Comment

Greenland Group, the state-owned real estate firm responsible for some of China’s biggest overseas acquisitions during 2013, has plans to spend between US$5 billion to $8 billion more to buy up international assets during 2014.

Having achieved 162.5 billion in property sales last year, up 53% over 2012, Greenland appears to be cashed up and ready to develop new projects overseas, as its Chinese customers look for fresh markets for real estate investment.

Greenland Group, the state-owned real estate firm responsible for some of China's biggest overseas acquisitions during … Read more>>>

33-Storey Doughnut Opens in Guangzhou

2014/01/16 by Michael Cole Leave a Comment

It could be a giant doughnut, or maybe the world’s largest imperial Chinese coin, but whatever it represents, the Guangzhou Circle is big and round.

The 33-storey tower, which opened this month in southern China is the world’s tallest circular building at 138 metres, and has 85,000 square metres of office space.

It could be a giant monument to the glazed, raised, or maybe the world's largest imperial Chinese coin, but whatever it … Read more>>>

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