…C projects developed by China Resources, Paradise Walk shopping malls from Longfor Properties, and the landmark Chengdu International Finance Square developed by Wharf Holdings. Deng’s team also worked with Swire Properties and Sino-Ocean Land on the highly successful Sino-Ocean Taikoo Li Chengdu project, a lane-driven prime retail development spanning 114,000 square metres that opened in 2015. Before Deng was brought on board, the western China l…
Search Results for: longfor
Understanding China’s Crackdown on Commercial-Titled Housing
…s fortunate. Local builders including China Evergrande Group, China Vanke, Longfor Properties, Greenland Group and Beijing Urban Construction Group were banned from selling more units at projects in Shanghai and Beijing. Among the foreign-invested developers caught in the crackdown was Hong Kong’s biggest home builder, Sun Hung Kai Properties, whose high-end Shanghai Arch Project in Lujiazui was built on commercial-titled land. Penalties for devel…
Warburg Pincus Invests $183M in China Rental Apartment Platform
…ging market for rental housing in China include developers China Vanke and Longfor Properties, which are aiming to build a combined total of 180,000 “youth apartment” units offered for lease over the next two years, according to Reuters. China’s housing ministry last week announced a program to build rental housing on rural land in 13 major cities, including Shanghai, amid a government campaign to tackle a housing bubble and provide affordable dwe…
Gaw Capital Leads RMB 400M Investment in China Co-Living Operator
…21, before the programme is extended elsewhere. Developers China Vanke and Longfor Properties have jumped into the nascent market, with plans to build a combined total of 180,000 “youth apartments” offered for lease over the next two years. Other mainland developers dabbling in the market include China Poly Property, China Overseas Land and China Merchants Property. Gaw Deal Follows Warburg Pincus Rental Investments Gaw is not the only cross-borde…
Asia Real Estate People in the News 2017-10-09
…moved into the property development world by joining mainland homebuilder Longfor Properties as Business Development Manager based in Beijing. Yao started the role last month after working in the Retail Services division of international property agency Cushman & Wakefield in the northeastern city of Shenyang since last year. The graduate of Dalian University of Foreign Languages, who first joined Cushman & Wakefield in 2011, has also worked for…
Chinese Outbound Investment Hits 4-Year Low and More Asia Real Estate Headlines
…Beijing are being spoiled for choice as an increasing number of private firms move into this latest strand of residential leasing, thanks to backing from the government. The latest in a long line of operators now getting involved in the trend is Longfor Properties, which is bringing its “Guanyu” long-term apartment leasing concept to the market. Read more>> Tune in again tomorrow for more news, and be sure to follow @Mingtiandi on Twitter, or book…
Country Garden Tops Evergrande to Take China’s 2017 Real Estate Sales Crown
…property developers were Poly Real Estate Group which achieved contracted sales of RMB 315 billion, Greenland Group with sales of RMB 275 billion, China Overseas Land and Investment at RMB 202 billion, Longfor Properties at RMB 155 billion, China Fortune Land Development at RMB 146 billion, and Greentown China Holdings with RMB 145 billion, according to data compiled by Guandian….
Ping An Teams Up with Landsea for $1.5B China Rental Housing Fund
…including Beijing and Shanghai. Mainland developers including China Vanke, Longfor Properties and China Merchants Shekou have joined the campaign to ease the country’s housing shortage and promote affordable shelter by setting up their own dedicated build-to-rent businesses. A rental apartment under Vanke’s Port Apartment brand in Guangzhou China Vanke’s rental housing brand Port Apartment has expanded into 21 cities with 20,000 units opened as of…
Logan Property’s Kei Hands Off CEO Role to Younger Brother
…ogan full time, Ji, the 43-year-old new CEO, was primarily responsible for Longfor Property’s business in Shantou, a coastal city in Guangdong province where the company was founded. He was also in charge of construction and material procurement for the developer. Record-Breaking Land Bids Established in 1996, Logan Property focusses on residential real estate in China and ranked 35th among the country’s developers for contracted sales in 2017. De…
Country Garden Gets Nod To Issue $1.6B in Rental Housing Securities
…opers that have jumped on the build-to-rent bandwagon include China Vanke, Longfor Properties and China Merchants Shekou. Government Steps Up Rental Housing Drive The central government last August unveiled pilot programmes to build rental projects in suburban areas outside 13 major cities, including Beijing and Shanghai, amid a campaign to ease a housing supply crunch and curb rising home prices. The condominium approach to development has domina…
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