What if you built a $3.24 billion portfolio of hotels in China and no one wanted it? Shanghai-based Greenland Group seems to be struggling with this question as the developer, which ranks as the mainland’s second-largest by sales, continues to… Read More>>
Greenland Group Readies $3.24B in Hotels for Singapore REIT Listing
Greenland Group continues to lessen its dependence on its domestic real estate market after China’s second largest developer by sales announced on Friday that it would package up 19 of its mainland hotels into a Singapore-listed REIT.
Once listed, the… Read More>>