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Xu Jiayin Evergrande

Mainland Builders Raise RMB 102B in New Cash and More China Real Estate Finance News

2019/04/11 by Iris Poon Leave a Comment

In early April, some of mainland China’s largest real estate developers continue to issue new dollar bonds as a spring sales recovery boosts demand for cash. Both Evergrande and Sunac made the headlines with their sales of $2 billion and… Read More>>

Ma Mingzhe Ping An

Ping An Spends RMB 4.2B to Boost Stake in Mainland Developer CFLD to Over 25%

2019/02/02 by Jan Kot Leave a Comment

Chinese financial giant Ping An has increased its stake in top ten mainland builder China Fortune Land Development (CFLD) to 25.25 percent, less than seven months after it acquired nearly one fifth of the group to become its second largest… Read More>>

3 Orchard By-The-Park by YTL Land

Singapore New Private Home Sales Jump 52% and More Asia Real Estate Headlines

2018/12/18 by Michael Cole Leave a Comment

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>>

Xuewen

CFLD Gets RMB 6B Funding Injection From Ping An

2018/12/13 by Emma Zhou Leave a Comment

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>>

7. Ma Mingzhe, CEO, China Pingan

CFLD Aims to Join China’s Top Three Developers via Partnership with Ping An

2018/11/07 by Emma Zhou Leave a Comment

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>>

yu liang vanke

China Vanke Buying Stakes in Five Projects From CFLD and More Asia Real Estate Headlines

2018/10/11 by Michael Cole Leave a Comment

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>>

Ping An Ma Mingzhe

Ping An Ups CFLD Stake to 20% for $2B as Developers Scramble for Cash

2018/07/11 by Richard Meyer Leave a Comment

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>>

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