Chinese Internet giant Tencent is planning to invest $1 billion into Lianjia, as part of a $2 billion financing round in preparation for a future IPO by China’s largest real estate brokerage, according to a report in the Wall Street… Read More>>
No need to wait around for Spring Festival and that extra month’s pay – China’s real estate professionals are changing jobs as quickly as ever this week. A senior warehouse guy has joined an Aussie bank, another industrial veteran has… Read More>>
Real estate consultancy Cushman & Wakefield added to its team facilitating big investment deals in Asia last week when it brought in former ARA and JP Morgan executive Justina Fan to help run its capital markets team in the region.
Socam Development, an affiliate of Shui On Land cut prices by 30 percent at a housing project in central Chengdu last week as the troubled real estate company struggles against slumping sales and falling prices.
According to local media reports,… Read More>>
The saga of Trophy Property Development Fund, once the pride of one of China’s hottest fund managers, continued to unfold last week as 31 out of the $1 billion fund’s 145 limited partners unloaded their holdings to Partners Group.
The… Read More>>
At least one investment firm has made its position clear on where money is headed this year, and according to fund manager Harvest Real Estate Investment that direction is out of China.
According to a story in the Wall Street… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
A senior executive at Sun Hung Kai Properties Ltd (0016.HK), Asia’s largest property… Read More>>
Following China’s clampdown on traditional funding for speculative real estate ventures, developers facing a financing gap estimated at US$111 billion are setting up their own funds in an effort to keep afloat.
About $2.2 billion of… Read More>>