China’s 11th largest real estate developer in terms of sales, China Resources Land announced a reshuffle of its executive suite Tuesday evening with the appointment of Tang Yong(唐勇)as chief executive officer of the Hong Kong-listed company, Li Xin as the… Read More>>
China Life Teams With China Resources Land for RMB 15B Shanghai Fund
Chinese government-backed China Resources Land announced to the Hong Kong Exchange on Friday that it has teamed up with Shanghai Land and China Life Insurance to launch an RMB 15 billion ($2.7 billion) real estate investment fund. The information was… Read More>>
China Airbnb Competitor Raising $200M From GIC and More Asia Real Estate Headlines
Online, offline and new skyscrapers all get some ink in today’s real estate news as a mainland home -sharing platform aims to raise $200 million from GIC, a Foster+Partners project breaks ground in Shanghai and KPMG predicts big things for… Read More>>
Dalian Wanda Gets $800M Offshore Club Loan and More Asia Real Estate Headlines
Wang Jianlin’s Dalian Wanda maybe have finally found its way out of China’s regulatory dog house as the mainland commercial developer is said to have been allowed to secure a $800 million offshore loan. While Wanda may be on the… Read More>>
China Resources Land Revealed as Buyer of HK$5.9B Hong Kong Housing Site
China’s clampdown on outbound capital may have brought low once-powerful investors such as Dalian Wanda and HNA, but at least some players still have some cash to spend across the border, as a company controlled by directors of Shenzhen-based developer… Read More>>
Asia Real Estate People in the News 2018-06-11
Intercontinental moves dominate this week’s roundup of people news, with a real estate investment specialist leaping from London to Hong Kong to take on a new challenge, and a Vietnam-based agency veteran decamping for the UK. A Chinese co-working provider… Read More>>
China Resources Said to Break HK Residential Land Price Record with HK$6B Buy
Mainland state-owned conglomerate China Resources is said to have snapped up one of Hong Kong’s most prestigious home sites, and has set a land price record in the process.
The Shenzhen-based giant, which invests in businesses from retail to energy… Read More>>
Local Developers Place 9 of 10 Bids for $1.3B South Hong Kong Island Site
Hong Kong developers dominated the bidding for a residential site in the city’s Wong Chuk Hang area that is expected to sell for up to HK$10 billion (US$1.28 billion).
The tender for the 600-home site adjacent to the Wong Chuk… Read More>>
Asia Real Estate People in the News 2017-09-25
This week’s list of familiar faces in new places starts with a former Shanghai-hand making a brand new start of it in New York, and also finds a pair of LSE graduates landing new real estate finance roles in the… Read More>>
Asia Real Estate People in the News 2017-07-31
In this week’s list of familiar faces in new places, a long-time Shanghai veteran has decided to give another try at leaving the mainland’s business powerhouse – opting this time for Hong Kong. Back in the steamy Pearl of the… Read More>>
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