Singapore’s sovereign wealth fund homes to find buried treasure in America’s trailer parks, while China’s SWF plucks a new chief from the Shanghai government. Meanwhile, Greentown has a Hong Kong IPO for you, and much more if you just read… Read More>>
Baoneng Calls for Wang Shi’s Ouster in Battle for China Vanke
The battle for control of China Vanke, the mainland’s largest property developer, has become an all-out war as the company’s largest shareholder has filed a motion to remove chairman Wang Shi and nearly all of the company’s board. The move… Read More>>
Has Vanke’s $6.9B Defense Been Blocked by China Resources?
China Vanke’s RMB 45.6 billion ($6.9 billion) bid to escape a ‘hostile takeover’ from its largest shareholder has been jeopardized after a recently signed agreement apparently failed to get enough votes from the Shenzhen-based developer’s board of directors.
In a… Read More>>
China Resources Not Amused by Vanke’s Poison Pill and More China Real Estate Headlines
While real estate deal watchers have been focusing on Anbang’s bid(s) for Starwood, back on the mainland the dramatic struggle to control China’s largest property developer took an unexpected twist today. Also a Chinese mall developer hopes to raise big… Read More>>
Anbang Invests $1B in Sino-Ocean as Insurers Raise Stakes in Mainland Developers
China’s insurance giants have featured in news of overseas real estate acquisitions this year, but now appear to be raising their investments in the mainland’s property market as well.
During the past week Anbang Insurance, which became famous internationally for… Read More>>
Fosun Bids on $1.25B Greece Project and Shanghai’s FTZ Hosts M&A Deal
The changing conditions in China’s real estate market seems to have spurred a surge of deals with Fosun making a play in Greece, developers shoring up their finances, and the first international acquisition made through Shanghai’s new free trade zone.
China Real Estate Market is Drunk and Tired, But Getting Better Say Developers
Speaking on the sidelines of an industry conference in Beijing this weekend leaders of real estate developers Vantone, Greenland Group and China Resources Holdings took the first step toward a recovery by admitting that the industry has a problem.
Feng… Read More>>
Cinda Buys Shanghai Land and China Resources Ups Vanke Stake
Late last week and into the weekend there were a number of breaking news stories, including China’s bad asset bank Cinda picking up two plots of land in Shanghai, China Resources Holdings upping its stake in developer China Vanke, and… Read More>>
China Resources Accused of Theft and Fraud in Hainan Real Estate Deal – and more of Today’s China Real Estate Links | August 7, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
A subsidiary of China Resources Group, the Hong… Read More>>
Shanghai Greenland Group Announces US$498 Mil Australia Acquisition
High aiming real estate developer, Shanghai Greenland Group Co, which is known for its plans to build one of China’s tallest buildings, has now joined the rush of Chinese firms heading overseas by announcing that it is investing A$480 million… Read More>>