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Xinyuan Zhang Yong

Xinyuan Real Estate Spends RMB 1.3B on New Land Purchases

Xinyuan Zhang Yong

2014/02/17 by Michael Cole Leave a Comment

Xinyuan Real Estate Co., Ltd. (NYSE: XIN) announced last week that it had that it had committed RMB 1.29 billion ($213 billion) to acquire new land in Chengdu and Sanya. The acquisitions by the New York Stock Exchange-listed developer come… Read More>>

Xinyuan Real Estate Co., Ltd. (NYSE: XIN) announced last week that it had that it had committed RMB 1.29 billion ($213 … Read more>>>

Xinyuan Chairman Zhang Yong

Xinyuan Real Estate Follows Evergrande in Renegotiating Bond Terms

Xinyuan Chairman Zhang Yong

2014/02/10 by Michael Cole Leave a Comment

On 28th January, NYSE-listed Xinyuan Real Estate (XIN) became the second Chinese property developer this year to ask bondholders to allow renegotiation of the debt terms, apparently so that the companies can take on more leverage as credit dries up… Read More>>

On 28th January, NYSE-listed Xinyuan Real Estate (XIN) became the second Chinese property developer this year to ask … Read more>>>

Silverstein Shenzhen

US Developer Pays a Record $2.2 Billion for Shenzhen FTZ Site

Silverstein Shenzhen

2014/01/27 by Michael Cole Leave a Comment

Only two days after China’s government announced a new free trade zone in Guangdong province, a US real estate developer paid a record RMB 13.4 billion (US$2.21 billion) for a site in Shenzhen.

The land acquisition by Silverstein Properties, which… Read More>>

Only two days after China's government announced a new free trade zone in Guangdong province, a US real estate developer … Read more>>>

Raffles City Ningbo

CapitaLand Acquires Residential Site in Ningbo for US$181 Mil

Raffles City Ningbo

2014/01/27 by Michael Cole Leave a Comment

CapitaLand China, a subsidiary of Singapore’s largest real estate developer announced recently that it had acquired a residential site in the port city of Ningbo in eastern China’s Zhejiang province for S$232 million (US$181.45 million).

The 57,370 square metre site in the Sunjia area of the city’s Jiangbei district was acquired through a government land auction, and CapitaLand said in a statement that it intends to develop approximately 1,100 homes on the property.

CapitaLand China, a subsidiary of Singapore's largest real estate developer announced recently that it had acquired a … Read more>>>

Citic Swire Dalian Project

CITIC and Swire Plan 295K Sqm Mixed-Use Project in Dalian

Citic Swire Dalian Project

2014/01/27 by Michael Cole Leave a Comment

CITIC Real Estate, Dalian Port Real Estate and Swire Properties jointly announced today that the three parties have signed a framework agreement to jointly develop a project in Dalian Port.

The signing took place in Dalian. Song Chuan, Chief Executive… Read More>>

CITIC Real Estate, Dalian Port Real Estate and Swire Properties jointly announced today that the three parties have … Read more>>>

Atlantis Hotel Hainan

Fosun Plans 7-Star Resort Hotel Near Shanghai Disneyland

Atlantis Hotel Hainan

2014/01/21 by Michael Cole Leave a Comment

Fosun International Ltd, the closely held Chinese conglomerate which owns Club Med, plans to build a 7-star resort hotel near Shanghai’s Disneyland.

According to a report in the official People’s Daily, Fosun CEO Liang Xinjun indicated that the group would build it’s second Atlantis Hotel near the as yet incomplete Disney project. “They (Atlantis executives) are really interested in building it near Disneyland,” Liang commented.

Fosun International Ltd, the closely held Chinese conglomerate which acquired Club Med last year, plans to build a … Read more>>>

Mapletree Festival Walk mall

Mapletree Sets Records with HK$3.77B Buy of Hong Kong Site

Mapletree Festival Walk mall

2014/01/20 by Michael Cole Leave a Comment

A fund managed by Singaporean real estate developer Mapletree set new records for land prices in Hong Kong’s Kowloon district recently with its purchase of a commercial site for HK$3.77 billion (US$486 million).

The successful bid by Mapletree investments, beat… Read More>>

A fund managed by Singaporean real estate developer Mapletree set new records for land prices in Hong Kong's Kowloon … Read more>>>

Zhang Yuliang Greenland Group

Greenland Picks China Resources as Partner for $985M Shanghai Site

Zhang Yuliang Greenland Group

2014/01/15 by Syndicated Content Leave a Comment

Greenland Hong Kong Holdings Ltd. (337), part of Chinese state-owned Greenland Holding Group Co., announced yesterday that it will partner with fellow state-run developer, China Resources Land Ltd. (1109) to develop a Shanghai site it bought last month for 5.95 billion yuan ($985 million).

According to a statement filed with the Hong Kong Stock Exchange, the two companies will form a 50-50 venture for the site in the city’s Huangpu district.

Greenland Hong Kong Holdings Ltd. (337), part of Chinese state-owned Greenland Holding Group Co., announced yesterday … Read more>>>

Shimao International Plaza Shanghai

Shimao Raises $600M in Bonds as China’s Developers Struggle for Cash

Shimao International Plaza Shanghai

2014/01/15 by Syndicated Content Leave a Comment

Shimao Property raised a $600 million seven-year note on Tuesday, joining the flurry of Chinese developers that have tapped the market this year amid tighter onshore banking liquidity and concerns over a potential rise in interest rates.

The Hong Kong-listed group’s transaction on Tuesday – with a callable option in the fourth year – is the longest in duration and lowest in coupon done in the high-yield space so far this year.

Shimao Property raised a $600 million seven-year note on Tuesday, joining the flurry of Chinese developers that have … Read more>>>

Greenland HK May Create Venture to Develop Shanghai Land

2014/01/13 by Syndicated Content Leave a Comment

Greenland Hong Kong Holdings Ltd. (337), a real estate unit of Chinese state-owned Greenland Holding Group Co., said it may create a venture to develop land it bought in Shanghai last month for 5.95 billion yuan ($983 million).

The company is in talks with a “reputable property developer” in China for the investment, according to a Hong Kong stock exchange filing yesterday.

Greenland Hong Kong Holdings Ltd. (337), a real estate unit of Chinese state-owned Greenland Holding Group Co., said it … Read more>>>

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