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Liu Ping, chairman of Poly Developments and Holdings Group

State Developers Take 8 of Top 10 Spots in China Sales Rankings

2023/01/23 by Greg Isaacson Leave a Comment

State-owned enterprises dominated the ranks of China’s biggest developers by sales in 2022, with SOEs accounting for eight of the top 10 mainland builders, as Beijing’s deleveraging policy battered the country’s private real estate firms.

Country Garden Holdings and Longfor… Read More>>

James Tien Manhattan Group

China’s Poly Global Sells London Office Building to Hong Kong Politician for $250M

2022/04/04 by Christopher Caillavet Leave a Comment

More than two years after first putting the property on the market, Chinese state-owned developer Poly Global has sold its 5 Fleet Place office building in the City of London for £191 million ($250.6 million), with a longtime Hong Kong… Read More>>

Kong Junfeng Poly

Asia Real Estate People in the News 2022-01-17

2022/01/17 by Michael Cole Leave a Comment

The new year continues to yield a flurry of top level personnel moves in Asia Pacific’s real estate community, including mainland China heavyweight Poly Developments naming a new chairman. There are also top level moves by Manulife Investment Management, Greystar,… Read More>>

Peter HUANG Ming-Tuan

Asia Real Estate People in the News 2021-08-02

2021/08/02 by Michael Cole Leave a Comment

A corporate bail-out drives the top item in Mingtiandi’s collection of personnel news this week as the rescue of mainland appliance retailer Suning has resulted in the company founder being replaced by an Alibaba executive.

Also in… Read More>>

Kaisa 1st Headquarter

Kaisa Plans Second Headquarters in Beijing and More China Real Estate Headlines

2020/10/29 by Mingtiandi Team Leave a Comment

Today’s roundup of mainland China stories features a Shenzhen-based developer announcing plans for a second headquarters in Beijing, as well as a humbling turn of events for a once-chic shopping centre in China’s capital.

Also in the headlines today, China… Read More>>

Mirae Asset Building in Seoul

Mirae Named Preferred Buyer for 3 US Warehouses and More Asia Real Estate Headlines

2020/09/10 by Shiunne Bulsombut Leave a Comment

Korean investors lead Asia’s real estate headlines again today as Mirae Asset Global Investments puts more of its cash into the US with Texas warehouse buy.

Also in the news, China state-owned developer Poly Global is losing some enthusiasm for… Read More>>

elon musk

Netease Founder Buys Elon Musk’s $29M Mansion and More Asia Real Estate Headlines

2020/06/20 by Michael Cole Leave a Comment

The founder of one of China’s earliest tech giants will soon be moving into the place formerly held by Tesla founder/business celebrity Elon Musk, according to news out of Los Angeles’ posh Bel-Air neighbourhood this past week.

Also in Mingtiandi’s… Read More>>

Luckin Coffee

Luckin Coffee Scandal Derails Backer’s $2.5B Fund and More Asia Real Estate Headlines

2020/04/18 by James Hatton Leave a Comment

An accounting scandal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland private equity firm that is a major backer of the coffee chain accused of faking its sales has put… Read More>>

Marina Mandarin

SG Hotel Revenues Plunge 40% in February and More Asia Real Estate Headlines

2020/03/27 by James Hatton Leave a Comment

Empty rooms lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s average hotel occupancy fell to 51 percent in February, triggering a 40 percent plunge in revenues.

In other news around the… Read More>>

Xu Jiayin Evergrande

Evergrande Holds on to Crown as China’s Top Developer Despite 2019 Slowdown

2020/03/18 by James Hatton Leave a Comment

China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of slower growth.

The Shenzhen-based company chaired by mainland billionaire Xu Jiayin… Read More>>

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