A hotel in Hong Kong’s Sai Ying Pun district recently changed hands for HK$310 million ($40 million), taking a 30 percent shave off the HK$450 million asking price when it was put on the market in May.
Beijing-based Vantone Holdings,… Read More>>
GLP Turns Loan Shark in Deal to Buy 10% of Developer Beijing Vantone for RMB 822M
Singapore-based warehouse operator Global Logistics Properties (GLP) has acquired a 10 percent stake in Beijing Vantone Real Estate Co Ltd for RMB 822 million ($122 million), according to a statement filed with the Shanghai stock exchange.
Under the terms of… Read More>>
Could a New Kind of Real Estate Bubble Solve Beijing’s Pollution Problem?
As the air quality in China’s capital once again hit “crazy bad” levels in recent weeks, a new kind of real estate bubble might just be the solution to Beijing’s woes. But this bubble is made of plastic, rather than… Read More>>
Vantone Says China’s Middle Class Want to Move to Taiwan
As China’s upper crust snatch up investor visas to Australia and the US, the ordinary folks are looking to retire someplace closer to home, according to one of China’s biggest real estate developers.
Speaking at a recent real estate forum… Read More>>
China Developers Vanke and Vantone Target US Real Estate Market
Chinese investment in the US real estate market took a new turn recently when two of the country’s largest real estate developers were said to be planning property projects in America. First, China Vanke, the country’s largest home builder by… Read More>>