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Mingtiand elf

Happy Holidays From Mingtiandi

Mingtiand elf

2016/12/22 by Michael Cole 2 Comments

This is Mingtiandi’s last update before Christmas, and I wanted to take the opportunity to thank all of our loyal readers for helping make this another great year of chronicling Asia’s real estate investment community.

During 2016 visits to Mingtiandi… Read More>>

This is Mingtiandi’s last update before Christmas, and I wanted to take the opportunity to thank all of our loyal … Read more>>>

Guo Guangchang

Fosun Sells 50% Stake in Shanghai Bund Project for RMB 5.33B

Guo Guangchang

2016/12/22 by Michael Cole 1 Comment

“China’s Warren Buffett” has a point to make — that he is as good at selling assets as buying them.

In an open letter to his employees on December 8, Guo Guangchang, who controls China’s largest private conglomerate Fosun International,… Read More>>

"China's Warren Buffett" has a point to make -- that he is as good at selling assets as buying them. In an open … Read more>>>

Mainland Buyers to Push Up HK Home Prices and More Asia Real Estate Headlines

2016/12/22 by Michael Cole Leave a Comment

Hong Kong’s home prices have come under pressure from rising US rates, but at least one banker sees mainland demand keeping the city’s housing costs at their usual nosebleed levels. Also in the headlines, Wanda and R&F Properties sign an… Read More>>

Hong Kong’s home prices have come under pressure from rising US rates, but at least one banker sees mainland demand … Read more>>>

Wang Jianlin

Dalian Wanda Sells Failed Madrid Project at $75M Loss

Wang Jianlin

2016/12/21 by Michael Cole Leave a Comment

After abandoning plans to renovate a Madrid landmark, Wang Jianlin’s Dalian Wanda Group has sold off the historic Edificio Espana at a loss equivalent to $75 million, according to a statement to the Hong Kong stock exchange last week.

Wanda,… Read More>>

After abandoning plans to renovate a Madrid landmark, Wang Jianlin’s Dalian Wanda Group has sold off the historic … Read more>>>

Kris Harvey Goodman

Goodman Leases 41,000 SQM to Single Tenant at Tianjin Project

Kris Harvey Goodman

2016/12/21 by Michael Cole Leave a Comment

Logistics developer Goodman has leased 40,884 square metres of warehouse space at its Goodman Xiqing Logistics Park (GXLP) in the northern Chinese city of Tianjin.

The new agreement with outdoor apparel and equipment producer Beijing Toread Outdoor Products means that… Read More>>

Logistics developer Goodman has leased 40,884 square metres of warehouse space at its Goodman Xiqing Logistics Park … Read more>>>

Baoneng Yao Zhenhua

China Vanke Loses $10B in Value as Takeover Battle Ebbs and More Asia Real Estate Headlines

Baoneng Yao Zhenhua

2016/12/21 by Michael Cole Leave a Comment

The battle for control of China Vanke has entered a new stage after China’s insurance regulators clamped down on leveraged buyout attempts by Baoneng and Evergrande. Now the industry can spend the holiday season watching what happens when high yield… Read More>>

The battle for control of China Vanke has entered a new stage after China’s insurance regulators clamped down on … Read more>>>

Chen Feng HNA

HNA Group Sets 2nd Hong Kong Land Record in 2 Months with HK$5.4B Kai Tak Deal

Chen Feng HNA

2016/12/20 by Michael Cole Leave a Comment

China’s HNA Group continued its acquisition spree this week by returning to Hong Kong’s land market for a second record-setting site purchase in as many months.

The parent company of China’s Hainan Airlines agreed on Monday to pay HK$5.4 billion… Read More>>

China’s HNA Group continued its acquisition spree this week by returning to Hong Kong’s land market for a second … Read more>>>

SM City Tianjin

Confident Developer Opens 565,000 SQM Mall in Tianjin and More Asia Real Estate Headlines

SM City Tianjin

2016/12/20 by Michael Cole Leave a Comment

The Philippines biggest retail developer must be hoping that Christmas is catching on in Tianjin as it now has 565,000 square metres of retail space to fill in the famously oversupplied Chinese second-tier city. Also in the headlines today, Shanghai… Read More>>

The Philippines biggest retail developer must be hoping that Christmas is catching on in Tianjin as it now has 565,000 … Read more>>>

John Lim ARA

ARA Buys 5 Floors in Singapore’s Suntec for $89 Mil

John Lim ARA

2016/12/20 by Michael Cole Leave a Comment

Singapore-listed ARA Asset Management is reportedly buying five office floors in Suntec Tower One, a prime business location in the city-state for S$129.3 million ($89 million).

The fund management firm run by investor John Lim is buying up the floors… Read More>>

Singapore-listed ARA Asset Management is reportedly buying five office floors in Suntec Tower One, a prime business … Read more>>>

Sun Guoqiang CCCC

Related Inks $950M Los Angeles JV With Unit of Blacklisted Chinese Builder

Sun Guoqiang CCCC

2016/12/19 by Michael Cole Leave a Comment

Related Companies has become the latest US real estate giant to tie up with a Chinese developer in order to kickstart a major project, after the company started by billionaire Stephen Ross signed a joint venture agreement with a unit… Read More>>

Related Companies has become the latest US real estate giant to tie up with a Chinese developer in order to kickstart a … Read more>>>

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