China Vanke, once the country’s largest developer by sales, had its own downturn int 2016-2017 when it nearly became a business case study in how to stage a mainland hostile takeover. Now that the homebuilder is under government control, it… Read More>>
HNA Agrees to Sell Beijing Office Complex to China Vanke for $190M
China’s embattled HNA Group is continuing its series of asset disposals as the conglomerate’s aviation and tourism arm agreed to sell a Beijing office complex to China Vanke for RMB 1.29 billion ($190 million).
A notice filed with the Shanghai… Read More>>
Keppel Buys 40% of Gemdale Nanjing Project for $206M and More Asia Real Estate Headlines
At the top of today’s real estate news the mainland subsidiary of a Singaporean developer buys into a Nanjing residential project, while the city-state’s biggest warehouse developer may be one of the few winners from Brexit, as UK authorities look… Read More>>
Vanke, Microsoft Agree to Use AI to Make Smarter Homes and Warehouses
Leading real estate developer China Vanke has signed a strategic cooperation agreement with Microsoft (China) to work together applying artificial intelligence to real estate projects, local media reported.
At the World Artificial Intelligence Conference 2018 in Shanghai on Tuesday, China’s… 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 Vanke Reports 25% Increase in Net Profit and More Asia Real Estate Headlines
It’s interim report season in Asia which means that some listed developers in Hong Kong and mainland China are cheerfully reporting on one of the more profitable periods in memory for the major players. Today, half-year results for China Vanke… Read More>>
Vanke Buys Swire Cold Chain Logistics Unit for RMB 2B
Top three mainland developer China Vanke had a busy month in July, spending more than RMB 25.4 billion to add 33 new real estate projects around the country as it pushed to expand its land bank via project acquisitions in… Read More>>
China Vanke Adds Shanghai Site to Bring 3-Week Land Buy Total in City to Nearly $1.9B
In less than three weeks time, China’s third biggest real estate developer in terms of sales made three land purchases in Shanghai, spending more than RMB 12.8 billion ($1.87 billion) on site acquisitions in China’s most prosperous city.
The latest… Read More>>
China Vanke Jumps on Mixed-Use Site Near Shanghai’s Caohejing for RMB 9.8B
Despite a government clampdown that has scared developers away from bids for sites at the fringes of Shanghai and other major cities, a site in the Chinese commercial hub’s Xuhui district still proved appealing enough to persuade China Vanke to… Read More>>
China Vanke Buys 4.9% of Cushman & Wakefield Ahead of This Week’s $719M IPO
China Vanke is purchasing 4.9 percent of Cushman & Wakefield as the Chicago-based real estate service company prepares for an IPO this week which is expected to raise $719 million.
The approximately $166.7 million investment by China’s third-largest developer by… Read More>>
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