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Tim Blackburn of Swire Properties

Swire To Resurrect Ghost Mall in Beijing’s Sanlitun

2017/12/18 by Greg Isaacson Leave a Comment

Hong Kong’s Swire Properties, the developer behind Taikoo Li Sanlitun, has teamed up with a mainland firm to revive a moribund mall across the street from its landmark retail complex in Beijing.

Through the partnership agreement, announced this week, Swire… Read More>>

Zhou Zheng Joy City

Joy City Selling Loss-Making W Hotel in Beijing for RMB 2B

2017/12/12 by Shawna Kwan Leave a Comment

Commercial real estate developer Joy City Property is selling the W Hotel Beijing Chang’an to a Shanghai-based fund for a total of RMB 2 billion ($302 million), according to an announcement to the Hong Kong stock exchange on Friday by… Read More>>

Greentown Buys Beijing’s Priciest Housing Site of 2017 for $1.3B

2017/11/11 by Greg Isaacson 1 Comment

Chinese homebuilder Greentown Group has won a piece of residential land in western Beijing for RMB 8.6 billion ($1.3 billion), paying a premium of nearly 20 percent over the reserve price to grab the city’s most expensive site on offer… Read More>>

Wang Gehong CYPA

China Boosts Rental Housing Via RMB 270M Shenzhen-Listed Near-REIT

2017/10/23 by Greg Isaacson Leave a Comment

China is now enabling operators of rental housing projects to convert their income streams into listed securities, as the government moves to foster affordable housing for the country’s growing middle class.

The Shenzhen Stock Exchange announced this month that China Young… Read More>>

Zhu Mengyi Hopson Development

Hopson JV Sells Beijing Office Tower for $553M, Books 9% Loss

2017/10/11 by Greg Isaacson Leave a Comment

A joint venture invested by Hopson Development and mainland asset manager, BMI Funds Ltd, has agreed to sell a Beijing office tower for RMB 3.67 billion ($552.6 million), according to an announcement by the Hong Kong-listed mainland developer.

Hopson, which holds… Read More>>

IDG Capital Invests $15M in China Co-Working Startup Kr Space

2017/09/07 by Greg Isaacson Leave a Comment

China’s burgeoning shared office market has received another injection of cash with Beijing-based co-working startup Kr Space completing a new RMB 100 million ($15 million) investment led by existing backer IDG Capital Partners.

The new financing brings the total raised… Read More>>

Shanghai commercial-titled housing ban

Understanding China’s Crackdown on Commercial-Titled Housing

2017/07/10 by Lu Zhou 1 Comment

Faced with skyrocketing housing prices in 2016, during the first half of this year, China implemented a fresh round of measures aimed at suppressing demand for housing, including a clampdown on financing for the real estate sector, and direct controls… Read More>>

Parkson Chaoyang

Parkson Down to Last Beijing Location as Department Stores Disappear

2017/07/09 by Greg Isaacson Leave a Comment

Malaysia-based Parkson was a pioneer foreign investor in China’s retail scene, opening its first mainland department store in 1994. Now that location, on Beijing’s Fuxingmen Rd, is the brand’s last remaining outlet in China’s capital as Parkson shutters department stores… Read More>>

Triple One Somerset

Perennial Puts Gucci SG HQ on the Market for S$31M and More Asia Real Estate Headlines

2017/06/22 by Michael Cole Leave a Comment

Singapore’s commercial market continues to show signs of life this month as one of the country’s biggest real estate investment companies puts a CBD office space up for sale. Also in the headlines, Li Ka-shing is still clarifying his succession… Read More>>

Jia Yueting LeEco

Le Eco Says It’s Selling Beijing Mall to China Vanke for RMB 4 Bil

2017/06/15 by Michael Cole Leave a Comment

Cash-strapped Chinese tech giant LeEco is said to be telling creditors that it is close to scoring a major windfall on the sale of a Beijing mall to China Vanke as entrepreneur Jia Yueting scrambles for cash.

CFO Zhang Wei… Read More>>

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