Sunac China has agreed to buy a pair of projects in Shanghai and Beijing from competitor China Oceanwide Holdings in a deal valued at RMB 12.55 billion ($1.85 billion), according to a filing today to the Hong Kong stock exchange.
More cracks began to show in China’s clampdown on housing prices as authorities in the nation’s capital put up for sale a pair of housing sites without capping the price at which winning bidders are allowed to sell finished homes…. Read More>>
Keppel Land China has announced it will acquire an 11-storey office building in Beijing’s Haidian district from A Li Yun Shan (Beijing) Business Consulting for RMB 555 million ($80.8 million), with the transaction expected to be completed sometime during the… Read More>>
China’s deleveraging campaign gave investors in China’s property market more opportunities to make deals this past year, according to Alvin Yip, president of capital markets for Greater China at Cushman & Wakefield, whose team handled 33 percent more real estate… Read More>>
A joint venture led by real estate investment manager AEW has purchased a 21-storey office tower in Beijing for a total compensation of RMB 4.5 billion ($654 million), according to sources familiar with the transaction who spoke with Mingtiandi.
AEW joined… Read More>>
True to its online, e-commerce, new economy roots, cash-strapped Chinese tech company LeEco has put a 50,000 square metre (538,000 square foot) Beijing shopping center up for auction on China’s flagship e-commerce platform Taobao as it continues to scramble for… Read More>>
Gaw Capital Partners is confirmed to have sold the Pacific Century Place project in Beijing for approximately RMB 10.5 billion ($1.53 billion) according to sources familiar with the transaction who spoke with Mingtiandi.
The Hong Kong-based private equity firm completed… Read More>>
Hong Kong’s Central district remained the most expensive place in the world for premium office rental costs as of the end of the third quarter, with the district’s rents far ahead of the second city on the list, New York,… Read More>>
Link Asset Management Limited, the manager of Hong Kong’s Link Real Estate Investment Trust, announced today its acquisition of Beijing Jingtong Roosevelt Plaza, a recently completed shopping centre in Beijing’s suburban Tongzhou district for RMB 2.56 billion ($369 million).
The… Read More>>
Angry tenants and landlords occupied the Beijing office of Haoyuan Hengye Long Term Rental Apartment late last month to mount their own extra-legal detention of the housing company’s management.
The move against the rental housing operator was related to allegations… Read More>>