Leading the news today, China’s biggest ecommerce group has hired Southeast Asia’s largest developer to manage its new 80,000 square metre office building in Shanghai. Also, developers in Hong Kong and mainland China continue to report record earnings in the… Read More>>
JLL Opens 13th Mainland China Office in Hangzhou
International property consultancy JLL held an opening ceremony this past week for its new office in Hangzhou, China, which featured the G20 summit last year and will host the 2022 Asian Games.
“With vigorous private enterprises, a growing science and… Read More>>
China Outbound Property Deals Slid 84% in Jan and More Asia Real Estate Headlines
It’s been a busy year for the real estate crowd, but things might be slowing down a bit for Chinese buyers of overseas assets, according to the latest government numbers. Figure in the spring festival effect before you read too… Read More>>
Did Jack Ma Just Spend $193M on a Hong Kong Home?
Alibaba’s Jack Ma may be the hero of Hangzhou, but following his company’s $25 billion IPO last year, the Chinese tech giant appears to have picked up a pied-a-terre in Hong Kong.
Ma is reported by the South China Morning… Read More>>
Alibaba’s Jack Ma Buys 28,100 Acre New York Estate
Chinese has already become famous for its wealthy buyers of overseas homes, and now one of its most famous billionaires has purchased a 28,100 acre (11,371 hectare) estate in New York that formerly belonged to the Rockefeller family.
Jack Ma,… Read More>>
Alibaba Aims to Quintuple Its China Warehouse Space in One Year
A logistics provider belonging to the Alibaba group plans to add about four million square metres of new warehouse space to the one million that it already owns by the end of 2016 as China’s biggest ecommerce player pushes to… Read More>>
Jack Ma’s Big Mouth Helps Make Wang Jianlin China’s Richest Man
Alibaba’s Jack Ma seems to have decided that name-calling was the best response to a critical report by a Chinese regulator this week, and the resulting fallout helped rival billionaire Wang Jianlin, return to his former perch as China’s richest… Read More>>
Wanda Takes Aim at O2O Prize with Buy of Online Payment Provider
Fresh off of a $3.7 billion Hong Kong IPO, China mall developer Dalian Wanda is attempting to put some of its new cash to work in the world of ecommerce.
The owner of China’s biggest chain of malls – with… Read More>>
How Xi Jinping is Helping Jack Ma Sell 41,000 Properties on Taobao
When President Xi Jinping launched his anti-corruption drive last year by declaring war on “tigers and flies” few could have imagined that he was also helping Internet magnate Jack Ma to launch a whole new ecommerce initiative.
Now Ma’s Taobao.com,… Read More>>
Century 21 Real Estate Now Selling Houses on Alibaba’s Taobao
Just in case Alibaba’s Jack Ma needed another win before his ecommerce giant launches its IPO next week, one of China’s biggest real estate agencies announced this week that it has begun selling houses on his group’s Taobao B2C platform.