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feng quanlin

Alibaba’s Red Star Macalline Launches Property Agency in Shanghai

feng quanlin

2019/08/20 by Michael Cole 1 Comment

Red Star Macalline Holding, which develops and operates China’s largest chain of home furnishing malls, is launching its own real estate agency, the president of the newly launched brokerage announced on Monday, according to local media reports.

Famous for its… Read More>>

Red Star Macalline Holding, which develops and operates China’s largest chain of home furnishing malls, is launching its … Read more>>>

Lee Kok Sun GIC

GIC Buys 25% of A$4.3B Sydney Office Fund From Lendlease, CPPIB

Lee Kok Sun GIC

2019/08/20 by James Hatton Leave a Comment

GIC is acquiring just over a quarter stake in a A$4.3 billion ($2.9 billion) Sydney office fund from Australia’s Lendlease and Canada’s CPPIB, according to an announcement by the Singapore sovereign wealth fund.

The purchase gives the Singaporean sovereign wealth… Read More>>

GIC is acquiring just over a quarter stake in a A$4.3 billion ($2.9 billion) Sydney office fund from Australia's … Read more>>>

Poly Real Estate boss Song Guangju

Poly Wins Site in Shanghai’s Minhang District for RMB 2.5B

Poly Real Estate boss Song Guangju

2019/08/20 by Jan Kot Leave a Comment

Guangzhou-based Poly Developments and Holdings has agreed to pay RMB 2.5 billion ($355 million) for a combined residential and commercial site in Shanghai at a government auction, according to an announcement by the Shanghai Land Exchange.

The state-owned developer won… Read More>>

Guangzhou-based Poly Developments and Holdings has agreed to pay RMB 2.5 billion ($355 million) for a combined … Read more>>>

Asia Real Estate People in the News 2019-08-19

2019/08/20 by James Hatton Leave a Comment

In this week’s edition of People in the News, the chairman of a major Shenzhen-listed developer has retired after 14 years in charge, while the chief executive officer of Asia’s biggest developer steps down from chairing the executive committee of… Read More>>

In this week’s edition of People in the News, the chairman of a major Shenzhen-listed developer has retired after 14 … Read more>>>

ma mingzhe Ping An

CFLD Sells Beijing Project to Ping An for RMB 5.83B

ma mingzhe Ping An

2019/08/19 by Jan Kot Leave a Comment

Beijing-based China Fortune Land Development (CFLD) announced that it has agreed to sell a Beijing commercial project to Ping An Insurance for a consideration of RMB 5.829 billion ($830 million) as the developer shifts toward an asset light approach in… Read More>>

Beijing-based China Fortune Land Development (CFLD) announced that it has agreed to sell a Beijing commercial project to … Read more>>>

Hong Kong Commercial Real Estate Transactions Fell 42% in 2019 Q2

2019/08/19 by James Hatton Leave a Comment

As discontent over the government’s extradition bill roiled the Hong Kong economy, and with mainland authorities keeping a tight clamp on cash, commercial real estate transaction volume fell over 42 percent in Hong Kong during the second quarter of this… Read More>>

As discontent over the government's extradition bill roiled the Hong Kong economy, and with mainland authorities keeping … Read more>>>

Stephen Riady

OUE Sells French-Designed Mansion to Chairman Stephen Riady for S$95M

Stephen Riady

2019/08/19 by James Hatton Leave a Comment

Singapore-listed OUE Group has sold a trophy home in the most elite enclave of the city’s ultra rich to its executive chairman, Stephen Riady for S$95 million ($68 million), according to a stock exchange announcement.

Under the terms of an… Read More>>

Singapore-listed OUE Group has sold a trophy home in the most elite enclave of the city's ultra rich to its executive … Read more>>>

Luckin Coffee Q2 Losses Hit $92M and More Asia Real Estate Headlines

2019/08/17 by James Hatton Leave a Comment

Caffeine wars lead the way in Mingtiandi’s roundup of real estate headlines today as China’s pretender to the Starbucks throne roasted $92 million this past quarter in a bid to catch up with the US coffee titan.

In other news… Read More>>

Caffeine wars lead the way in Mingtiandi’s roundup of real estate headlines today as China’s pretender to the Starbucks … Read more>>>

Nigel Barnes Regus

IWG Brings Regus Franchise Sale Plan to Singapore, Greater China

Nigel Barnes Regus

2019/08/15 by Michael Cole Leave a Comment

While the real estate world turns its eyes to WeWork’s impending $3.5 billion IPO, the company behind Regus, which operates five times more flexible office globally than the co-working pioneer, is expanding a franchising program in a bid to offer… Read More>>

While the real estate world turns its eyes to WeWork’s impending $3.5 billion IPO, the company behind Regus, which … Read more>>>

Adam Neumann

WeWork Said Leasing Four Floors of HK’s Hopewell Centre for HK$2.7M Per Month

Adam Neumann

2019/08/15 by Jan Kot Leave a Comment

Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has continued to take up more space in the world’s most expensive office market.

The New York-based shared space specialist is said… Read More>>

Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has … Read more>>>

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