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Xinyuan Real Estate Buys Land in Changsha for $112M

2014/03/13 by Michael Cole Leave a Comment

Xinyuan Real Estate (NYSE:XIN) today announced that it has acquired a land parcel in Changsha for RMB 688.9 million (US$112.2 million), as the residential developer made its third land purchase in China’s second-tier cities this year.

Xinyuan’s new 89,460 square… Read More>>

Xinyuan Real Estate (NYSE:XIN) today announced that it has acquired a land parcel in Changsha for RMB 688.9 million … Read more>>>

Jinmao Tower Franshion

Owner of Jinmao Tower to Spin Off Assets After Shelved Bond Sale

Jinmao Tower Franshion

2014/03/12 by Michael Cole Leave a Comment

Commercial developer Franshion Properties joined the ranks of China’s most troubled real estate companies today by opting to spin off some its existing assets into a new listed company in an attempt to raise much needed cash.

The move by… Read More>>

Commercial developer Franshion Properties joined the ranks of China's most troubled real estate companies today by … Read more>>>

Greenland Atlantic Yards

Greenland Group Adds $360M Canada Project to List of Overseas Deals

Greenland Atlantic Yards

2014/03/12 by Michael Cole Leave a Comment

China’s most aggressive international investor, Greenland Group, has announced a 67,000 square metre Toronto project as its latest overseas real estate acquisition.

The C$400 million (US$360 million) residential development makes Canada the seventh country in which the Shanghai-based developer has… Read More>>

China’s most aggressive international investor, Greenland Group, has announced a 67,000 square metre Toronto project as … Read more>>>

Henry Sy SM Investments

Filipino Billionaire Plans Listing of China Mall Assets

Henry Sy SM Investments

2014/03/12 by Michael Cole Leave a Comment

A mall developer controlled by the Philippines’ richest man is planning to list its China shopping centre holdings on either the Hong Kong or Singapore stock exchange, according to a recent statement from an official with SM Investments.

SM, a… Read More>>

A mall developer controlled by the Philippines' richest man is planning to list its China shopping centre holdings on … Read more>>>

Lee Hsien Loong Iskandar

Chinese Developers Muscling in on Singapore Inc’s Home Turf

Lee Hsien Loong Iskandar

2014/03/11 by Michael Cole Leave a Comment

On February 28th, China state-run real estate developer Greenland Group announced plans to invest RMB 20 billion (US$3.26 billion) to develop projects in Malaysia’s Danga Bay.

But amidst the press releases and media coverage, perhaps the biggest milestone went unannounced… Read More>>

On February 28th, China state-run real estate developer Greenland Group announced plans to invest RMB 20 billion … Read more>>>

Zhu Mengyi Hopson Development

Troubled Chinese Developer Says Sales Down Nearly 70% in 2014

Zhu Mengyi Hopson Development

2014/03/11 by Michael Cole Leave a Comment

Hong Kong-listed Hopson Development Holdings Limited (HKG:0754) announced on Monday that its contracted sales for the two months ended 28 February 2014 amounted to about RMB 471 million – a decrease of 69.6 percent compared to the same period a… Read More>>

Hong Kong-listed Hopson Development Holdings Limited (HKG:0754) announced on Monday that its contracted sales for the … Read more>>>

wealthy Chinese home buyers

China on the Way to Having 14,000 Comrades with Over $30M in Assets

wealthy Chinese home buyers

2014/03/11 by Michael Cole Leave a Comment

The ranks of Chinese with assets of more than $30 million (excluding their primary homes) will grow by 80 percent in the next decade, making China 13th among all countries and regions in terms of multi-millionaires, according to a report… Read More>>

The ranks of Chinese with assets of more than $30 million (excluding their primary homes) will grow by 80 percent in the … Read more>>>

China tourist

Hotel Investment Deals in Asia Increased 218% in 2013

China tourist

2014/03/11 by Michael Cole Leave a Comment

The value of hotel investment transactions in Asia climbed to US$7.5 billion in 2013, up 218 percent over 2012 to reach the highest levels since the financial crisis in 2007.

The rebound in hotel asset values and deal numbers was… Read More>>

The value of hotel investment transactions in Asia climbed to US$7.5 billion in 2013, up 218 percent over 2012 to reach … Read more>>>

China stocks slide

China Real Estate Stocks Dive After Bond Default

China stocks slide

2014/03/10 by Michael Cole Leave a Comment

A broad range of China’s publicly traded real estate stocks were punished on stock exchanges in Shanghai, Shenzhen and Hong Kong today as investors reacted to the country’s first corporate bond default on Friday.

The Hang Seng Properties Index of… Read More>>

A broad range of China's publicly traded real estate stocks were punished on stock exchanges in Shanghai, Shenzhen and … Read more>>>

Patrick Zhu Country Garden

Country Garden Holdings Appoints US Chief Representative

Patrick Zhu Country Garden

2014/03/10 by Michael Cole 2 Comments

Hong Kong-listed real estate developer Country Garden Holdings has reportedly appointed a veteran advisor on hotel development to serve as the company’s chief representative in the US. The move is significant as it seems to portend expansion by Guangdong-based Country… Read More>>

Hong Kong-listed real estate developer Country Garden Holdings has reportedly appointed a veteran advisor on hotel … Read more>>>

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