Asia real estate and outbound investment news
China Vanke, the country’s second largest developer by contracted sales, has posted a 30 percent surge in net profit attributable to shareholders for the first half of the year, according to a stock exchange announcement.
Despite cooling measures implemented by… Read More>>
Retail proptech leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a Singapore-headquartered provider of image recognition technology that tracks products on shelves has raised $100 million in a HOPU-led funding round.
In other… Read More>>
In this week’s edition of People in the News, the chairman of Evergrande Life resigns after three years with the Shenzhen-based developer’s insurance division, while the general manager of Vanke’s struggling long-term lettings business also says goodbye.
In other fresh… Read More>>
Financially-troubled HNA Group has sold the remaining 75.10 percent stake of a Beijing commercial complex to a subsidiary of China Vanke for a total consideration of RMB 1.304 billion ($190 million), according to a filing to the Shanghai Stock Exchange.
Country Garden has retained its crown as China’s top developer, measured by contracted sales, despite being one of only two of the nation’s top ten builders to see their performance drop during the first half of the year.
The Guangdong-based… Read More>>
Logistics lead the way in Mingtiandi’s roundup of real estate headlines today as lenders plan to sell off the warehousing and metals trading units of a company controlled by cash-strapped conglomerate HNA, while shed projects in the Middle East are… Read More>>
A leadership reshuffle leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major Singapore developer that now holds assets under management in excess of S$100 billion is going through a reorganisation at the… Read More>>
China Vanke Co, China’s second-largest real estate developer in 2018 by contracted sales, has announced a senior management reshuffle that sees Wang Wenjin promoted to group chief financial officer.
52 year-old Wang has taken over Vanke’s top finance job from… Read More>>
Compulsory sales are moving to the forefront of Hong Kong’s real estate news this week as mainland developers China Vanke and Agile Property are joining a game that has long helped local players enjoy healthy margins.
With Vanke completing… Read More>>
Editor’s note: This article provides a review of local media coverage of recent land purchases by developers in mainland China, along with related research and statistics, with the goal of providing observers and analysts with insights into changes in developer… Read More>>
