Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Wangjing SOHO Wins International Architecture Prize
The winner of the world’s most renowned architecture prize for skyscrapers, the Emporis Skyscraper Award, is the building complex Wangjing Soho in Beijing.
It was chosen by an international panel of experts from more than 300 skyscrapers of at least 100 meters’ height and which were completed during the previous calendar year. Read more>>
Shenzhen Prices Climb 30 Percent in One Year
A stream of weak manufacturing data, the fall in the yuan and a stock market rout have painted a gloomy picture of the world’s second largest economy over the past few months. But for the property market in China’s boomtown of Shenzhen, things couldn’t be better.
Real estate prices in China’s answer to Silicon Valley rose by almost a third in August from the same month a year ago, a further climb from the nearly 24 percent year-on-year increase in July, official data showed, making it the country’s hottest property market by far. Read more>>
Greenland Group Korea Project Back on Track After Scaling Back
Lotte Tour Development Co. Ltd is said to have approval to build the second largest casino hotel complex on Jeju Island off the coast of South Korea through affiliate Donghwa Investment and Development Co. Ltd. The Jeju Dream Tower project has been brewing for a few years and was once set to be comprised of two towers of 61 and 63 stories each, but the plans have been scaled down considerably. Read more>>
Evergrande Dips into the Olive Oil Business
A co-branding deal between Chinese business group Evergrande and Spanish cooperative Dcoop (formerly Hojiblanca Group), has kicked off with a special olive oil promotional campaign in China.
As the popularity of olive oil increases in China, the two companies have entered into a special agreement to push olive oil sales in the huge market. Read more>>
Half of Gingko Tree Brussels Complex Sold to Finnish Fund
Ilmarinen has bought a 50% stake in a second Brussels office property as it increases its international investment plan. The Finnish pension insurance company acquired the company holding half of the Covent Garden office scheme in the Belgian capital for an undisclosed amount.
Hannover Leasing sold the 50% stake to Ilmarinen but will continue to manage the asset. Read more>>
Tune in again tomorrow for more news, and be sure to follow @Mingtiandi on Twitter for headlines as they happen.
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