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Wang Jianlin PLA

Wanda Looks to Cash In on Red Tourism With $1.74B Communist Party Theme Park

Wang Jianlin PLA

2018/12/17 by Emma Zhou 1 Comment

Property conglomerate Wanda Group has announced the signing of an agreement with the municipal government of Yan’an, in the remote reaches of Shaanxi province, to build a Communist Party theme park in the city recognised as the birthplace of China’s communist… Read More>>

Property conglomerate Wanda Group has announced the signing of an agreement with the municipal government of Yan'an, in … Read more>>>

China’s State Council Loves Hello Kitty and Her $1.6B Pink Hainan Theme Park

2018/12/17 by Vincent Morkri 1 Comment

Hello Kitty has officially climbed on board China’s official “reform and opening up” bandwagon, adding an animated Japanese element to the government’s much ballyhooed agenda for advancing socialism with Chinese characteristics.

China’s State Council even held a press conference to… Read More>>

Hello Kitty has officially climbed on board China’s official “reform and opening up” bandwagon, adding an animated … Read more>>>

Wang Menghui MOHURD

China Home Price Growth Slows to Under 1% in November

Wang Menghui MOHURD

2018/12/17 by Jan Kot Leave a Comment

Home prices in China’s largest cities continued to go into lock-down mode in November, according to data released over the weekend, as a months-long government crackdown continues to retard growth and snuff out sales.

Across 70 cities surveyed by China’s… Read More>>

Home prices in China’s largest cities continued to go into lock-down mode in November, according to data released over … Read more>>>

Sameer-Sain Everstone

GLP Unveils $1.2B Fund to Expand India Logistics JV IndoSpace

Sameer-Sain Everstone

2018/12/15 by Vincent Morkri Leave a Comment

Indian warehouse developer Indospace announced the final close of what it says is the largest-ever logistics fund targetting India this past week, having raised $580 million in equity for the fund managed by the joint venture between Singapore’s GLP and Mumbai-based… Read More>>

Indian warehouse developer Indospace announced the final close of what it says is the largest-ever logistics fund … Read more>>>

Yoo Residence Causeway Bay

HNA Sells Hong Kong Properties at 30% Discount

Yoo Residence Causeway Bay

2018/12/15 by Emma Zhou Leave a Comment

Distressed mainland conglomerate HNA Group has reportedly taken a big loss on properties it owned in Hong Kong’s Causeway Bay district, selling them off this past week for HK$70 million less than what it paid for them just last year.

… Read More>>

Distressed mainland conglomerate HNA Group has reportedly taken a big loss on properties it owned in Hong Kong’s … Read more>>>

Kwok Kong Tong sunevision

SHK’s SUNeVision Wins Hong Kong Data Centre Site for HK$5.4B

Kwok Kong Tong sunevision

2018/12/15 by Emma Zhou Leave a Comment

SUNeVision Holdings, a subsidiary of property giant Sun Hung Kai Properties, has won the tender for a data centre site in Hong Kong’s Tseung Kwan O district for HK$5.456 billion ($700 million), outbidding six other developers.

An announcement by the… Read More>>

SUNeVision Holdings, a subsidiary of property giant Sun Hung Kai Properties, has won the tender for a data centre site … Read more>>>

Spire London Greenland

Greenland Group Retreats From Plans for Spire London and More Asia Real Estate News

Spire London Greenland

2018/12/15 by Michael Cole Leave a Comment

The unwinding of China’s mega-investors leads the news again today as Shanghai-based Greenland Group pauses to reconsider its quest to build London’s tallest residential tower, and a policy bank controlled by the central government takes control of HNA’s ongoing asset liquidation…. Read More>>

The unwinding of China’s mega-investors leads the news again today as Shanghai-based Greenland Group pauses to … Read more>>>

Russell Street Causeway Bay

Sasa Cashes in on Causeway Bay 65% Off Sale and More Hong Kong Real Estate Headlines

Russell Street Causeway Bay

2018/12/15 by Dorothy Ma Leave a Comment

Leading today’s Hong Kong real estate news, local cosmetics retailer Sasa is ready to celebrate Christmas with shoppers in Causeway Bay by taking advantage of 65 percent discounts available on new leases on the world’s most expensive retail street. Meanwhile,… Read More>>

Leading today’s Hong Kong real estate news, local cosmetics retailer Sasa is ready to celebrate Christmas with shoppers … Read more>>>

David Schaefer

AEW JV Buys Beijing Office Tower From Hopson for RMB 4.5B — Exclusive

David Schaefer

2018/12/14 by Jan Kot Leave a Comment

A joint venture led by real estate investment manager AEW has purchased a 21-storey office tower in Beijing for a total compensation of RMB 4.5 billion ($654 million), according to sources familiar with the transaction who spoke with Mingtiandi.

AEW joined… Read More>>

A joint venture led by real estate investment manager AEW has purchased a 21-storey office tower in Beijing for a total … Read more>>>

Jim Yip Cushman

Jim Yip Joins JLL as Head of Capital Markets for China

Jim Yip Cushman

2018/12/14 by Michael Cole Leave a Comment

JLL today announced that it has brought on board Jim Yip as the property consultancy’s new head of capital markets for China, with the former Cushman & Wakefield executive scheduled to take on his duties with the firm as of… Read More>>

JLL today announced that it has brought on board Jim Yip as the property consultancy’s new head of capital markets for … Read more>>>

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