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Wang Hong CIMC

COSCO Subsidiary Buys Back Shanghai Site for $596M

Wang Hong CIMC

2018/09/30 by Emma Zhou Leave a Comment

A subsidiary of mainland shipping giant Cosco made Shanghai’s biggest land buy of September when it picked up a 145,800 square metre (1.57 square foot) mixed-use plot in Baoshan district for the auction reserve price of RMB 4.1 billion ($596.2 million),… Read More>>

A subsidiary of mainland shipping giant Cosco made Shanghai's biggest land buy of September when it picked up a 145,800 … Read more>>>

Midea He Xiangjian

Midea Real Estate, DaFa Kick Off Hong Kong IPOs

Midea He Xiangjian

2018/09/30 by Oliver Jones Leave a Comment

Midea Real Estate Holdings and DaFa Properties launched their initial public offerings on Friday, with share prices for both to be fixed on 4 October testing the market at a volatile time for Chinese property developers.

Midea hopes to capitalise… Read More>>

Midea Real Estate Holdings and DaFa Properties launched their initial public offerings on Friday, with share prices for … Read more>>>

Xiaozhu Chen Chi

China Airbnb Competitor Raising $200M From GIC and More Asia Real Estate Headlines

Xiaozhu Chen Chi

2018/09/30 by Michael Cole Leave a Comment

Online, offline and new skyscrapers all get some ink in today’s real estate news as a mainland home -sharing platform aims to raise $200 million from GIC, a Foster+Partners project breaks ground in Shanghai and KPMG predicts big things for… Read More>>

Online, offline and new skyscrapers all get some ink in today’s real estate news as a mainland home -sharing platform … Read more>>>

raymond-kwok shk

Sun Hung Kai Bets Big on London with £1B Residential Project

raymond-kwok shk

2018/09/28 by Michael Cole 1 Comment

Hong Kong’s largest developer has made one of the biggest bets of the year on London’s housing market as a joint venture led by Sun Hung Kai Properties has purchased a pair of sites in the UK capital with plans… Read More>>

Hong Kong’s largest developer has made one of the biggest bets of the year on London’s housing market as a joint venture … Read more>>>

Stephen Schwarzman Blackstone CIC

Anbang in Talks to Sell Japan Assets Back to Blackstone and More Asia Real Estate Headlines

Stephen Schwarzman Blackstone CIC

2018/09/28 by Michael Cole Leave a Comment

In the lead of today’s real estate news, Blackstone boss Stephen Schwarzman may get a chance to prove what a helpful guy he is as the billionaire PE boss talks over a takeover of $200 million of Japanese real estate… Read More>>

In the lead of today’s real estate news, Blackstone boss Stephen Schwarzman may get a chance to prove what a helpful guy … Read more>>>

Edmund Cheng Mapletree

Mapletree Bay Point Get HK$9B Bid from Mainland Investment Group Zhongrong

Edmund Cheng Mapletree

2018/09/27 by Emma Zhou Leave a Comment

Singapore’s Mapletree Investments has reportedly received a HK$9 billion ($1.15 billion) offer from mainland China-based Zhongrong Holdings Group for its Mapletree Bay Point office building in Hong Kong’s Kowloon East area, according to market sources familiar with the negotiations who… Read More>>

Singapore’s Mapletree Investments has reportedly received a HK$9 billion ($1.15 billion) offer from mainland China-based … Read more>>>

HNA Chen Feng

HNA Agrees to Sell Beijing Office Complex to China Vanke for $190M

HNA Chen Feng

2018/09/27 by Jan Kot Leave a Comment

China’s embattled HNA Group is continuing its series of asset disposals as the conglomerate’s aviation and tourism arm agreed to sell a Beijing office complex to China Vanke for RMB 1.29 billion ($190 million).

A notice filed with the Shanghai… Read More>>

China’s embattled HNA Group is continuing its series of asset disposals as the conglomerate’s aviation and tourism arm … Read more>>>

PAG Seeks “Positive Change” with $671M Hostile Bid for Spring REIT

2018/09/26 by Oliver Jones Leave a Comment

Private equity firm PAG launched a HK$5.24 billion ($670.8 million) hostile takeover to acquire all the units it doesn’t already own of Hong Kong-listed Spring REIT on Monday, at a price of HK$4.85 per unit.

The announcement sent the Hong… Read More>>

Private equity firm PAG launched a HK$5.24 billion ($670.8 million) hostile takeover to acquire all the units it doesn’t … Read more>>>

Sun Hongbing

Sunac China Buys Control of Failing Le Eco Units After Losing $2.6B

Sun Hongbing

2018/09/26 by Emma Zhou Leave a Comment

China’s fourth largest real estate developer Sunac China Holdings has taken control of two of the three units of Jia Yueting’s financial-troubled LeEco company via court auction, at a price of RMB 773 million. The investment comes after the developer… Read More>>

China’s fourth largest real estate developer Sunac China Holdings has taken control of two of the three units of Jia … Read more>>>

HNA Chen Feng

HNA Loses $10B in Market Value After Fire Sale and More Asia Real Estate Headlines

HNA Chen Feng

2018/09/26 by Michael Cole Leave a Comment

East Asia is back to work today after playing pass the mooncake earlier in the week, and HNA Group found following the holiday that, along with the paste-filled pastries, investors have given the troubled mainland conglomerate a $10 billion mark-down… Read More>>

East Asia is back to work today after playing pass the mooncake earlier in the week, and HNA Group found following the … Read more>>>

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