Mainland developer China Resources Land has signed an agreement to borrow RMB 23 billion ($3.6 billion) from China Merchants Bank to finance property acquisitions, as Beijing adopts a strategy of using state-owned companies to rescue the country’s embattled real estate… Read More>>
Wanda Topped Mainland Commercial Developers Again in 2020 Despite 13% Income Drop
With mainland China already recovering from the effects of the pandemic and looking forward to a vaccine-powered rebound, the impact of the COVID-19 crisis on the country’s retail sector can be seen etched across the financial performance of the country’s… Read More>>
LV, Fendi Close Shops in Hong Kong’s Times Square and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Louis Vuitton and Fendi shops in Hong Kong’s Times Square close for good after a tussle over rents, and the brother-sister team in charge of New World Development and its hotel unit Rosewood… Read More>>
JD, Carlyle Said Bidding for CJ’s China Logistics and More Asia Real Estate Headlines
In today’s serving of regional news headlines, investors including one of China’s largest e-commerce operators, and a US private equity powerhouse are said to be bidding for the assets CJ Rokin’s China business, as the South Korean firm moves on… Read More>>
Vanke Sues US Partner Over Struggling NYC Project and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, a legal dispute between Chinese developer Vanke and its New York-based partner heats up, JD.com’s logistics arm reportedly mulls an IPO targeting a $40 billion valuation, and the Delhi High Court… Read More>>
Shanghai Skyscraper Now on Sale for Singles Day And More China Real Estate Headlines
Alibaba’s Singles Day celebration next month is expected to move $10 billion worth of merchandise, but this year the annual shopping event will also include a Shanghai skyscraper, or at least 25 floors of one.
The inclusion of the residential… Read More>>
Shanghai Authorities Nab COLI, CR Land Execs Over Rigged Land Sale
Shanghai authorities have detained executives at China Resources Land and China Overseas Land & Investment (COLI), after a government auction for a prime slice of residential land in Hongkou district aroused suspicion when all bids came in at the publicly… Read More>>
SG Hotel Revenues Plunge 40% in February and More Asia Real Estate Headlines
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>>
Wanda Led China’s Top 10 Commercial Developers Again in 2019
Wang Jianlin’s Dalian Wanda Group may have been forced to unwind its overseas ambitions, but the billionaire’s property business in mainland China shows no signs of flagging after it hauled in operating income more than double that of its closest… Read More>>
Asia Real Estate People in the News 2019-12-23
In this week’s edition of People in the News, China developer China Resources Land loses a vice president to Sichuan Languang Development, while Softbank-backed hospitality startup Oyo has brought on board a former McKinsey & Co partner as its COO… Read More>>
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 7
- Next Page »