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Wang Jianlin Wanda

Wanda Hotel Unit Changes Hands for $470M Amid Restructuring Drive

Wang Jianlin Wanda

2017/12/05 by Greg Isaacson Leave a Comment

Chinese billionaire Wang Jianlin is continuing to restructure his commercial property empire, by personally purchasing a controlling stake in Dalian Wanda Group’s Hong Kong-listed hotel unit for HK$3.67 billion ($470 million).

Through the proposed transaction, a vehicle wholly owned by… Read More>>

Chinese billionaire Wang Jianlin is continuing to restructure his commercial property empire, by personally purchasing a … Read more>>>

Starbucks Roastery Shanghai

Mortgage Scams Add Fresh Excitement to China Credit Mix and More Asia Real Estate Headlines

Starbucks Roastery Shanghai

2017/12/05 by Michael Cole Leave a Comment

China is famous for its paperwork, but many Mingtiandi readers may not yet know about the three different purchase contracts often being used to buy housing in the country’s heavily regulated markets. Also in the news today, Starbucks goes super-venti… Read More>>

China is famous for its paperwork, but many Mingtiandi readers may not yet know about the three different purchase … Read more>>>

Christopher Kwok SHK

Sun Hung Kai Rolls Out Facial Recognition in New Mall and More Hong Kong Real Estate Headlines

Christopher Kwok SHK

2017/12/05 by Channing Huang Leave a Comment

Hong Kong’s real estate market is now the biggest in the world, so the Asian financial hub now gets its own round-up of real estate headlines on Monday, Wednesday and Friday right here on Mingtiandi. Read on for all the… Read More>>

Hong Kong's real estate market is now the biggest in the world, so the Asian financial hub now gets its own round-up of … Read more>>>

Wang Jianlin

Wanda Slid Out of $3B Ski Resort Investment as Downhill Run Began

Wang Jianlin

2017/12/04 by Greg Isaacson Leave a Comment

Dalian Wanda boss Wang Jianlin may no longer be China’s richest man, but he can still make a whole mountain disappear.

Wang’s Dalian Wanda Commercial Properties quietly sold off its equity in the $3 billion Changbaishan International Resort in northeastern… Read More>>

Dalian Wanda boss Wang Jianlin may no longer be China's richest man, but he can still make a whole mountain … Read more>>>

Wei Shaofan

Local Developers Place 9 of 10 Bids for $1.3B South Hong Kong Island Site

Wei Shaofan

2017/12/04 by Greg Isaacson Leave a Comment

Hong Kong developers dominated the bidding for a residential site in the city’s Wong Chuk Hang area that is expected to sell for up to HK$10 billion (US$1.28 billion).

The tender for the 600-home site adjacent to the Wong Chuk… Read More>>

Hong Kong developers dominated the bidding for a residential site in the city's Wong Chuk Hang area that is expected to … Read more>>>

Shengyi-Jiang

Asia Real Estate People in the News 2017-12-04

Shengyi-Jiang

2017/12/04 by Greg Isaacson Leave a Comment

In this week’s edition of People in the News, a Chinese-linked US real estate investment platform is losing its CEO, while an investment and asset management pro has left Shanghai to try her hand in New York’s real estate scene…. Read More>>

In this week's edition of People in the News, a Chinese-linked US real estate investment platform is losing its CEO, … Read more>>>

Guy Bradley Swire

BNP Paribas Takes 8 Floors in Taikoo Place as Multinationals Flee HK’s Central

Guy Bradley Swire

2017/12/03 by Michael Cole Leave a Comment

BNP Paribas, a $2.4 billion financial giant, has decided that it may not have the cash to maintain an address in Hong Kong’s Central district and is picking up stakes for Quarry Bay.

The company, which is the world’s sixth-largest… Read More>>

BNP Paribas, a $2.4 billion financial giant, has decided that it may not have the cash to maintain an address in Hong … Read more>>>

Evergrande Buys Jumbo Chongqing Project for $498M

2017/12/03 by Greg Isaacson Leave a Comment

Mainland homebuilder China Evergrande Group is doubling down on western China by buying a 320,000 square metre office, retail, and residential project in Chongqing as part of a RMB 3.29 billion ($498 million) deal. The transaction comes just over two… Read More>>

Mainland homebuilder China Evergrande Group is doubling down on western China by buying a 320,000 square metre office, … Read more>>>

Robert Kuok

Robert Kuok’s Allgreen Buys Two SG Sites for $490M and More Asia Real Estate Headlines

Robert Kuok

2017/12/03 by Michael Cole Leave a Comment

One of Asia’s senior property barons leads us into the new week with news that a developer controlled by the boss of Shangri-La hotels and Kerry Properties has acquired nearly half a billion dollars worth of Singapore sites. Also grabbing… Read More>>

One of Asia’s senior property barons leads us into the new week with news that a developer controlled by the boss of … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Announces Sale of Pair of Hong Kong Properties for Combined $322M

Samuel WT Chu and Benjamin KY Lee

2017/12/01 by Michael Cole Leave a Comment

Phoenix Property Investors seized the opportunity presented by Hong Kong’s surging real estate market by announcing the sale of a pair of properties in the city this week for a combined $322 million.

The two disposals by the private equity… Read More>>

Phoenix Property Investors seized the opportunity presented by Hong Kong’s surging real estate market by announcing the … Read more>>>

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