Poly Global announced on Sunday that it will make available for purchase a 49 percent stake in its A$300 million ($215 million) Poly Centre development in central Sydney, as the Australian real estate arm of state-owned defense conglomerate China Poly… Read More>>
China’s Poly Group to Begin Building A$300M Sydney Tower
Chinese conglomerate and property heavyweight China Poly Group Corporation has hired Australia-listed construction company Watpac to begin construction of its A$300 million office tower in central Sydney, according to the Australian local media.
Located on 210-220 George St along the… Read More>>
Poly Property Wins Kowloon Residential Project for HK$3.3B
The Hong Kong Lands Department on Wednesday announced that a subsidiary of China Poly Property, has won a tender for a 3,689-square-metre (39,708 square feet) residential site in Yau Tong, in the southeastern end of Kowloon.
Poly Property, China’s fourth… Read More>>
HNA Said Selling $46M Wuhan Logistics Park to Hopu, Haikou Supertall to Poly
China’s embattled HNA Group is continuing its series of asset disposals with its sale of an 80 percent stake in an uncompleted Wuhan logistics project to an affiliate of superinvestor Fang Fenglei’s Hopu Capital for RMB 312 million ($45.8 million),… Read More>>
HNA Made 90% Gain on Latest Hilton Stake Sale and More Asia Real Estate Headlines
HNA may be struggling to stay afloat, but China’s late debt drunkard can at least feel good that some of its investments have paid off, according to our lead story today. Plus the conglomerate apparently still has some credit on… Read More>>
China Poly Picks $103M London Project for First UK Housing Deal
Guangzhou-based Poly Real Estate Group has won its first residential project in the UK, purchasing a site in the north London suburb of Mill Hill where it plans to build 706 homes.
Poly UK, the local subsidiary of the state-owned… Read More>>
Country Garden Tops Evergrande to Take China’s 2017 Real Estate Sales Crown
Guangdong-based Country Garden achieved contracted sales of RMB 580.8 billion ($89.3 billion) in 2017 to oust billionaire Xu Jiayin’s Evergrande Real Estate from its position as China’s biggest selling developer and seize the title as mainland sales king, figures from… Read More>>
Casino Heiress Rents Out HK Apartments at $77K Per Month and More Asia Real Estate Headlines
Stratospheric rents at Hong Kong’s highest point lead the news today as a daughter of casino magnate Stanley Ho leases out a pair of apartments on Victoria Peak for nearly US$77,000 per month. Also in the news, China’s Anbang Insurance… Read More>>
Poly Pushes Aside 30 Rivals to Buy Shanghai Land and More Greater China Real Estate Headlines
China’s real estate rival is driving developers to compete for land in Shanghai and other first-tier cities. Meanwhile, down in Hong Kong, home prices are falling, but sales volumes hit their highest level in over a decade. Read on for… Read More>>
Evergrande Invests $500M in Mainland Bank and More China Real Estate Headlines 2016-03-01
China’s most indebted developer continues its expansion campaign by taking a stake in a Shenyang bank, while mainland developers buy up new projects in Brooklyn and Sydney as profits back home take a beating. Read on for all these stories… Read More>>
