At the top of today’s real estate news, Singapore’s housing market seems to have already absorbed the shock of the latest government tax measures, with buyers returning to showrooms last month following a dearth of new project launches in October…. Read More>>
China Fortune Land Development (CFLD) has announced to the Shanghai Stock Exchange that it will accept debt financing of up to RMB 6 billion ($870 million) from Ping An Asset Management, the second-largest shareholder in the developer and a unit… Read More>>
Top ten mainland builder China Fortune Land Development (CFLD) this month announced that it is welcoming three senior executives from Ping An Insurance to take leading roles at the developer, just three months after the insurer paid RMB 13.8 billion… Read More>>
China Vanke, once the country’s largest developer by sales, had its own downturn int 2016-2017 when it nearly became a business case study in how to stage a mainland hostile takeover. Now that the homebuilder is under government control, it… Read More>>
A unit of Chinese financial giant Ping An is acquiring almost a fifth of China Fortune Land Development (CFLD) in the group’s third major acquisition of a stake in a top publicly listed developer in the last three years.
The RMB… Read More>>