A US arbitrator has ordered HNA Group to pay more than $185 million to SL Green, an investor in the Chinese conglomerate’s bankrupt Manhattan skyscraper, after the joint venture partners fell out over their failure to replace a departed anchor… Read More>>
China Oceanwide is set to give up another slice of its property holdings in Hawaii, with the cash-strapped mainland developer agreeing to sell its Kapolei West residential site on the island of Oahu to a local firm for $92.9 million.
A disappointing Nasdaq IPO leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland developer’s sports and media arm saw its shares drop by more than a third after scaling back the… Read More>>
Environmentally friendly developers lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore developer has secured $528 million in green financing.
In other news around the region, builders in the city with… Read More>>
The disgraced former chairman of a Hong Kong-listed developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the property mogul has been formally charged with sexually molesting a child.
In other news… Read More>>
Beijing-based Cindat Capital Management has teamed with Oaktree Capital Management to acquire 30 South Colonnade, an office building on London’s Canary Wharf from China’s financially challenged HNA Group, Mingtiandi has come to understand.
Although financial details of the transaction have… Read More>>
Outbound real estate investments by Chinese companies slid 63 percent last year to reach a four year low of $15.7 billion in 2018, according to a report just released by Cushman & Wakefield Greater China Research.
Cushman & Wakefield’s team… Read More>>
China’s power-buyers are now becoming America’s super-sellers as mainland investors unloaded $1 billion in US real estate in the most recent quarter, according to an account in the Wall Street Journal. Those Chinese investors show up again in today’s roundup… Read More>>
Another Chinese developer is selling off an overseas real estate project, but unlike its compatriots at Wanda, Greenland and HNA, state-owned Gemdale Properties and Investment is disposing of its grade A office project in San Francisco after completing and fully… Read More>>
China has clear rules on shipping capital outside of the mainland market but one of the great mysteries of the country’s outbound investment drama is how these rules don’t seem to apply to neighbouring Hong Kong, as witnessed in a… Read More>>