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Li Xin China Resources Land

CFLD Offloading $1.8B in Mainland Projects to China Resources Land

2022/12/30 by Greg Isaacson Leave a Comment

China Fortune Land Development is selling its interests in three-mixed use projects in the cities of Wuhan and Nanjing to mainland property giant China Resources Land for a total of RMB 12.4 billion ($1.8 billion), as the default-prone developer moves… Read More>>

Liu Heqiang China New Town

Asia Real Estate People in the News 2022-12-26

2022/12/26 by Michael Cole Leave a Comment

A set of top level moves at Hong Kong-listed mainland China developers leads Mingtiandi’s regional personnel roundup this week, with China New Town Development and China Resources Land naming new board members, and Fosun Tourism has also added a new… Read More>>

James-Macdonald

Shanghai Office Rents Dipped in Q3 as Lockdown Impact Lingers

2022/11/01 by Iris Hong Leave a Comment

Office rents in Shanghai’s key business districts edged downwards in the third quarter as landlords become more flexible on pricing in a market struggling to recover from months of Covid lockdowns.

Occupiers leased 104,000 square metres (1.12 million square feet)… Read More>>

Blackstone HQ

Interest Rate Surge Hits Blackstone Earnings and More Asia Real Estate Headlines

2022/10/23 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, investment giant Blackstone posts weaker third-quarter earnings, China Evergrande’s Hong Kong headquarters building reportedly draws dozens of prospective buyers, and mainland property stocks rally on relaxed financing rules.

Blackstone’s Profit… Read More>>

hui wing mau shi mao

Shimao Selling Stakes in 2 Beijing Projects to China Resources Land for $480M

2022/09/02 by Christopher Caillavet Leave a Comment

Shimao Group has agreed to sell its stakes in two Beijing residential projects to red-chip developer China Resources Land for RMB 3.3 billion ($480 million), continuing this year’s theme of state-owned enterprises bailing out distressed mainland builders.

Shimao’s interest comprises… Read More>>

Evergrande Onshore Unit Delays Financials and More Asia Real Estate Headlines

2022/09/01 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, China Evergrande’s onshore unit postpones reporting its interim financial results, private equity giant KKR backs away from a plan to sell a Seoul office block, and UBS cuts six bankers from its Hong… Read More>>

Zhuang Yuekai of Xiamen C&D

China Investigates Directors of 3 State-Run Developers

2022/08/24 by Iris Hong Leave a Comment

China on Tuesday announced four separate investigations of current and former senior executives at three of the country’s largest state-owned real estate companies over allegations of “serious violations of discipline and law”.

A notice posted by the anti-corruption office in… Read More>>

Wu Bingqi CR Land

Asia Real Estate People in the News 2022-08-01

2022/08/01 by Michael Cole Leave a Comment

Leadership changes at mainland real estate firms lead this week’s collection of personnel moves from around the region, as China Resources Land announces a new president at the same time that Shimao Services and LVGEM China say goodbye to non-executive… Read More>>

Hulic's Kobunacho Kinenkaikan Building in Tokyo

Hulic to Develop Tokyo Data Centre and More Asia Real Estate Headlines

2022/05/26 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, Japanese developer Hulic eyes construction of a data centre in Tokyo’s Nihonbashi area, China Resources Land obtains a one-year credit facility, and a director of Singapore-listed Hwa Hong voices concerns about the property… Read More>>

Li-Xin-China-Resources

China Resources Land Appoints Li Xin Chairman as Wang Leaves Board

2022/05/09 by Christopher Caillavet Leave a Comment

China Resources Land, the mainland’s eighth-largest developer by contracted sales, has appointed Li Xin as company chairman to replace Wang Xiangming, who stepped down from the post after two and a half years on the job.

Li, 50, joined China… Read More>>

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