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Guo Wengui

Court Set to Auction Fugitive Billionaire’s RMB 5.1B Beijing Office Tower on Taobao

Guo Wengui

2019/07/17 by Jan Kot Leave a Comment

A Beijing court has announced plans to auction off an office tower formerly owned by fugitive Chinese billionaire Guo Wengui on a bad asset website operated by Taobao according to a listing on the site belonging to Alibaba Group.

Pangu… Read More>>

A Beijing court has announced plans to auction off an office tower formerly owned by fugitive Chinese billionaire Guo … Read more>>>

payson cha

Blackstone Sells HK Self-Storage Business to Hanison for HK$735M

payson cha

2019/07/17 by Michael Cole Leave a Comment

A pair of funds managed by Blackstone are selling a Hong Kong-based self-storage company to a developer controlled by one of the city’s wealthiest families, according to a stock exchange announcement today.

Hanison Construction, which is majority owned by the… Read More>>

A pair of funds managed by Blackstone are selling a Hong Kong-based self-storage company to a developer controlled by … Read more>>>

Sun Dongping D&J

Bain Pumps $300M Into Warburg Pincus-backed China Biz Park Developer

Sun Dongping D&J

2019/07/16 by James Hatton Leave a Comment

Boston-based Bain Capital Credit has committed $300 million to D&J China in a bid to accelerate the developer and fund manager’s next phase of growth, according to a joint announcement by the companies.

Set up five years ago by Warburg… Read More>>

Boston-based Bain Capital Credit has committed $300 million to D&J China in a bid to accelerate the developer and … Read more>>>

housing sales index

China Home Price Growth Slows as Cities Re-Tighten Regulatory Grip

housing sales index

2019/07/16 by Tianyuan Zhang Leave a Comment

Growth in China’s housing prices slowed in June with fewer cities reporting increases in home as local governments tightened property curbs to prevent the housing market from overheating.

Among 70 cities tracked by the National Bureau of Statistics, 63 of… Read More>>

Growth in China’s housing prices slowed in June with fewer cities reporting increases in home as local governments … Read more>>>

ARA REIT Buys Adelaide’s Allianz Centre and More Asia Real Estate Headlines 

2019/07/16 by James Hatton Leave a Comment

A Singapore REIT leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the real estate investment trust has targeted Australia’s fifth largest city with a $104 million office buy.

In other news across… Read More>>

A Singapore REIT leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the real … Read more>>>

adrian cheng

New World’s K11 Atelier King’s Road Project Now Half-Leased in Eastern Hong Kong

adrian cheng

2019/07/15 by Michael Cole Leave a Comment

New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 Atelier King’s Road, according to an announcement by the company late last week.

The 22-storey office… Read More>>

New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off … Read more>>>

Song Weiping Greentown

Greentown Chairman Steps Down as CCCC Exerts Control of Hangzhou Developer

Song Weiping Greentown

2019/07/15 by Jan Kot Leave a Comment

Luxury home builder Greentown China Holdings announced late last week that its co-chairman Song Weiping had resigned from the company he founded twenty-four years ago in a move seen as unifying control of the Hangzhou-based developer.

Song, who had sold… Read More>>

Luxury home builder Greentown China Holdings announced late last week that its co-chairman Song Weiping had resigned … Read more>>>

one island south

Colliers Brokers Sale of HK$500M in Causeway Bay Assets to SilkRoad and More Agency Wins  Mingtiandi Broker Battle

one island south

2019/07/15 by James Hatton Leave a Comment

A commercial property deal in Hong Kong tops Mingtiandi’s list of brokerage victories this week with Colliers International brokering the sale of a combined 46,241 square feet of space in Causeway Bay for HK$500 million ($64 million).

Knight Frank and… Read More>>

A commercial property deal in Hong Kong tops Mingtiandi’s list of brokerage victories this week with Colliers … Read more>>>

Asia Real Estate People in the News 2019-07-15

2019/07/15 by James Hatton Leave a Comment

In this week’s edition of People in the News, the chairman of Evergrande Life resigns after three years with the Shenzhen-based developer’s insurance division, while the general manager of Vanke’s struggling long-term lettings business also says goodbye.

In other fresh… Read More>>

In this week’s edition of People in the News, the chairman of Evergrande Life resigns after three years with the … Read more>>>

Eric Shen VIPShop

Tencent-Backed Vipshop Buys Five China Outlet Malls for RMB 2.9B

Eric Shen VIPShop

2019/07/14 by Jan Kot Leave a Comment

China’s online retail giants continued their invasion of the physical shopping world this past week as a fashion ecommerce player backed by Tencent and JD.com agreed to buy an outlet mall chain for RMB 2.9 billion ($422 million).

New York… Read More>>

China's online retail giants continued their invasion of the physical shopping world this past week as a fashion … Read more>>>

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