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HNA Sells Shanghai Project to Mainland Developer Fusheng for $456M

2018/05/02 by Shawna Kwan Leave a Comment

While in talks to sell over $3 billion of overseas assets in the United States and Europe, debt-ridden HNA Group has offloaded another project in China for $456 million as the Hainan-based conglomerate struggles to climb out of a $100… Read More>>

While in talks to sell over $3 billion of overseas assets in the United States and Europe, debt-ridden HNA Group has … Read more>>>

Hong Kong

Hong Kong Home Prices Rise for 24th Straight Month and More Hong Kong Real Estate Headlines

Hong Kong

2018/05/02 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Hong Kong’s prices for private residential properties have risen for a continuous 24 months, recent figures from the government show. The latest numbers show that the city’s sky-high costs for residential properties are… Read More>>

Leading today’s Hong Kong real estate news, Hong Kong's prices for private residential properties have risen for a … Read more>>>

Zhou Xin E-House

Real Estate Agency E-House China Files for Hong Kong IPO

Zhou Xin E-House

2018/05/02 by Shawna Kwan Leave a Comment

Less than two years after delisting from the New York Stock Exchange, China’s largest real estate agency has submitted an IPO application to the Hong Kong Stock Exchange, according to a statement uploaded to the exchange’s website.

E-House China, which… Read More>>

Less than two years after delisting from the New York Stock Exchange, China’s largest real estate agency has submitted … Read more>>>

John Marsh of Logos

Logos Expands China Logistics Platform with Acquisition of Suzhou Site

John Marsh of Logos

2018/05/02 by Michael Cole Leave a Comment

Logos Property has announced its acquisition of a 69,000 square metre (743,000 square foot) industrial site in Suzhou’s Wujiang district as the regional logistics developer continues to expand its mainland China platform.

Logos, which operates in Australia, India and Southeast… Read More>>

Logos Property has announced its acquisition of a 69,000 square metre (743,000 square foot) industrial site in Suzhou’s … Read more>>>

Wang Jianlin

Wanda Saw 22% Drop in Profits From Commercial Properties in 2017

Wang Jianlin

2018/05/01 by Shawna Kwan Leave a Comment

Wanda Commercial Management Group, formerly known as Dalian Wanda Commercial Properties Co, recorded a 22 percent drop in profit generated from investment properties in 2017, according to a report in Tencent-owned business new site Yixian.

The developer’s operating profit from investment… Read More>>

Wanda Commercial Management Group, formerly known as Dalian Wanda Commercial Properties Co, recorded a 22 percent drop … Read more>>>

Wang Shi Broad Group

Ex-Vanke Chief Wang Shi Named Co-Chair of Sky City Developer Broad Group

Wang Shi Broad Group

2018/05/01 by Michael Cole Leave a Comment

Just under one year after resigning as head of the development giant that he founded, former China Vanke chairman Wang Shi has resurfaced as co-chairman of a Changsha-based builder that once hoped to construct China’s tallest building, according to a… Read More>>

Just under one year after resigning as head of the development giant that he founded, former China Vanke chairman Wang … Read more>>>

Ashish Khandelia KKR

KKR India Real Estate Head Said Leaving to Start New Business

Ashish Khandelia KKR

2018/05/01 by Michael Cole Leave a Comment

KKR India real estate chief Ashish Khandelia is said to be leaving the US private equity firm to start his own business, according to an account this week in Singapore-based Dealstreet Asia.

Khandelia would be leaving the US buyout giant… Read More>>

KKR India real estate chief Ashish Khandelia is said to be leaving the US private equity firm to start his own business, … Read more>>>

Atlantis Sanya

Fosun Opens $1.7B Atlantis Sanya Resort and More Asia Real Estate Headlines

Atlantis Sanya

2018/05/01 by Michael Cole Leave a Comment

Most of the region had the day off on Tuesday, but Asia’s real estate investors and developers seem to have stayed on the job as we lead off today’s news with reports of Fosun opening the doors to its $1.7… Read More>>

Most of the region had the day off on Tuesday, but Asia’s real estate investors and developers seem to have stayed on … Read more>>>

Yang Guoqiang Country Garden Thumb

Country Garden Issues RMB 1.7B in Rental Housing-Backed Securities

Yang Guoqiang Country Garden Thumb

2018/04/30 by Michael Cole 2 Comments

Guangzhou-based developer Country Garden has successfully sold off RMB 1.7 billion ($270 million) in securities backed by cashflows from its rental housing initiative, according to a report in the official Shanghai Securities News on Friday.

The sale, which has been… Read More>>

Guangzhou-based developer Country Garden has successfully sold off RMB 1.7 billion ($270 million) in securities backed … Read more>>>

HNA Chen Feng

HNA Close to Sales of NYC, European Assets After Interest Payments Hit $5.1B in 2017

HNA Chen Feng

2018/04/30 by Shawna Kwan Leave a Comment

HNA Group has the highest interest expenses among Asian companies in the financial year of 2017, even topping Japanese conglomerate Softbank Group, according to a Bloomberg report. To address a debt crisis triggered by its recent two-year acquisition binge the… Read More>>

HNA Group has the highest interest expenses among Asian companies in the financial year of 2017, even topping Japanese … Read more>>>

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