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guo wengui

HNA Suing Fugitive Tycoon for Defamation and More Asia Real Estate Headlines

guo wengui

2017/06/17 by Michael Cole Leave a Comment

At the top of today’s headlines, one of China’s biggest buyers of overseas assets is joining what seems like a parade of mainlanders taking a swipe at fugitive tycoon Guo Wengui in New York’s courts. Also in the news, China’s… Read More>>

At the top of today’s headlines, one of China’s biggest buyers of overseas assets is joining what seems like a parade of … Read more>>>

Jia Yueting LeEco

Le Eco Says It’s Selling Beijing Mall to China Vanke for RMB 4 Bil

Jia Yueting LeEco

2017/06/15 by Michael Cole Leave a Comment

Cash-strapped Chinese tech giant LeEco is said to be telling creditors that it is close to scoring a major windfall on the sale of a Beijing mall to China Vanke as entrepreneur Jia Yueting scrambles for cash.

CFO Zhang Wei… Read More>>

Cash-strapped Chinese tech giant LeEco is said to be telling creditors that it is close to scoring a major windfall on … Read more>>>

Lee Shau-kee

Henderson Buys Kowloon’s Hoi Hing Apartment Project for $217M

Lee Shau-kee

2017/06/15 by Greg Isaacson Leave a Comment

Henderson Land Development bought the remaining stake in a 53-year-old Kowloon apartment block that it did not already own for the reserve price of HK$1.698 billion ($216.6 million) this week, with plans to redevelop the decrepit building into a new… Read More>>

Henderson Land Development bought the remaining stake in a 53-year-old Kowloon apartment block that it did not already … Read more>>>

Seaworld Zhonghong

Seaworld Buyer Said Planning $3B US Senior Living Deal and More Asia Real Estate Headlines

Seaworld Zhonghong

2017/06/15 by Michael Cole Leave a Comment

China’s Zhonghong Zhuoye Group first hit the headlines three months ago with its $449 million purchase of a stake in Seaworld from Blackstone. Now the Chinese conglomerate is back in the news with plans for a $3 billion buyout of… Read More>>

China’s Zhonghong Zhuoye Group first hit the headlines three months ago with its $449 million purchase of a stake in … Read more>>>

Robert Wong Hongkong Land

HK Land Buys $682M Stake in Central SG Office Project

Robert Wong Hongkong Land

2017/06/14 by Greg Isaacson Leave a Comment

Hongkong Land is boosting its presence in Singapore by teaming up with a leading Malaysian developer to build and manage a pair of office towers within the Marina Bay Financial District, the companies announced Monday.

The Hong Kong-based property firm… Read More>>

Hongkong Land is boosting its presence in Singapore by teaming up with a leading Malaysian developer to build and manage … Read more>>>

andrew deng

CBRE Appoints Andrew Deng as Head of Western China

andrew deng

2017/06/14 by Greg Isaacson Leave a Comment

Los Angeles-based real estate agency CBRE has bolstered its mainland leadership team this week, with Andrew Deng taking the reins as Managing Director for Western China. Based in Chengdu, Deng will oversee the company’s platform and business lines in the… Read More>>

Los Angeles-based real estate agency CBRE has bolstered its mainland leadership team this week, with Andrew Deng taking … Read more>>>

Wu Xiaohui Anbang

Anbang Confirms Wu Unable to Fulfill Duties and More Asia Real Estate Headlines

Wu Xiaohui Anbang

2017/06/14 by Michael Cole Leave a Comment

China continues to be a centre for market excitement this week as Anbang Insurance confirms that its chairman is no longer available, on the same day that reports surfaced of Wu Xiaohui’s detention. Also in the news, Chongqing champion CC… Read More>>

China continues to be a centre for market excitement this week as Anbang Insurance confirms that its chairman is no … Read more>>>

Wu Xiaohui Anbang

Anbang Insurance Chief Wu Xiaohui Said Detained Since Friday

Wu Xiaohui Anbang

2017/06/13 by Michael Cole Leave a Comment

Following months of rumours about his fate, Anbang Insurance chairman and CEO Wu Xiaohui has been detained by Chinese authorities, according to reports in mainland state-owned media.

The controversial insurance executive was taken away by “relevant departments” on Friday, according… Read More>>

Following months of rumours about his fate, Anbang Insurance chairman and CEO Wu Xiaohui has been detained by Chinese … Read more>>>

Shanghai Gu Jinshan

Shanghai Retreats From Commercial-Titled Apartment Ban After Protests

Shanghai Gu Jinshan

2017/06/13 by Michael Cole Leave a Comment

The Shanghai government today announced modifications to its rules punishing owners and developers of commercial-titled apartments after hundreds of homebuyers protested the policy measures over the weekend.

In a statement posted on the city’s Housing and Urban-Rural Development office website… Read More>>

The Shanghai government today announced modifications to its rules punishing owners and developers of commercial-titled … Read more>>>

James Packer

China Charging Crown Staff in Court and More Asia Real Estate Headlines

James Packer

2017/06/13 by Michael Cole Leave a Comment

Court dates and innovation dominate today’s real estate headlines. Billionaire James Packer finds his staff headed to trial on gambling charges in China, while the owners of developers Great Eagle and Shui On will be asking a judge to help… Read More>>

Court dates and innovation dominate today’s real estate headlines. Billionaire James Packer finds his staff headed to … Read more>>>

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