Chinese developers may be snapping up all of Hong Kong’s residential land on the market this year, but one mainland builder under financial pressure is exiting an investment in the city, as it sells a housing site in Ma On… Read More>>
China City Construction Warns on Debt Repayment and More Asia Real Estate Headlines
Debt is our theme in today’s real estate headlines for the region, as a much-trouble mainland construction and property group says it may not be able to pay what it owes on the same day that the country’s most indebted… Read More>>
Why HK’s Stamp Duty Doesn’t Apply to the Uber-Rich and More Asia Real Estate Headlines
Hong Kong slapped a 15 percent stamp duty on home sales this autumn, but the city’s elite – along with their mainland cousins – have quickly found a way around that market curb. Also in the news, “universal insurance” is… Read More>>
JP Morgan Eyes Aussie Assets After $250M Calpers Deal and More China Real Estate Headlines
Fresh off of raising $250 million from CALPers for its Asia Pacific core property fund, JP Morgan appears to be focusing on opportunities in Australia. China’s second-tier cities may hold more promise for SOHO China, however, as the office developer… Read More>>
Evergrande Invests $1.5B to Buy 5% of China Vanke and More Asia Real Estate Headlines
The battle for control of China’s largest property developer continues to stay in the headlines this month now that Evergrande has bought up a 5 percent stake in China Vanke. And there’s some good news for many home-builders as ratings… Read More>>
HK Tries Out 5% Down, No Proof Mortgages and More Greater China Real Estate Headlines
Hong Kong developers are borrowing a page from the US subprime crisis by boldly offering 95 percent mortgages without proof of income in answer to a falling housing market. One of the city’s biggest developers seems unfazed, however, with six… Read More>>
Stanley Ho Buys Orchard Road Site for $105M and More Greater China Real Estate Headlines
The king of the Hong Kong casinos is branching out in Singapore malls as Shun Tak real estate buys a plot on Orchard Road, plus China City Construction, which was recently seen as a default risk has paid off an… Read More>>
Chinese SOE Builder Reassures Bond-Holders After Govt Forces Change in Control
China City Construction (International) Co (CCCI) moved to reassure bond-holders on Friday after control of the Hong Kong-listed construction and real estate firm’s Beijing-based parent company was transferred to a privately managed mainland investment fund.
The transfer in ownership which… Read More>>
CSCEC to Sell Stake in $3.5B Resort Project and More China Real Estate Headlines 2015-11-10
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
CSCEC to Sell Stake in Stalled $3.5B Baha Mar Resort
A Bahamas media report says the Export-Import Bank of China (EXIM)… Read More>>
China City Construction Buys Miami Site for $38.5M
One of China’s biggest state-owned builders doubled-down on the Miami real estate market this past week when a US subsidiary of China City Construction bought a site in Miami Beach for $38.5 million.
China City Construction joined with Chinese partner,… Read More>>