Property sales by China’s top three developers slid in the first two months of 2019 compared to the same period last year as the companies brace for an uncertain year ahead.
Vanke, China’s second-largest real estate developer in 2018 in… Read More>>
32% Growth Helps Country Garden Lead China’s Top 10 Developers for 2018
Country Garden Holdings was China’s top developer in 2018, as measured by sales contracts, maintaining its hold on the top spot for the second consecutive year in a year marked by consolidation among mainland developers.
The Guangdong-based builder chaired by… Read More>>
Vanke Cooks Up a Hot Pot Museum for Chengdu Project
Many people in China love hot pot, but the government of a Chengdu is taking that devotion a bit further with plans for a 1,500 square metre (16,146 square foot) temple to the bubbling spicy stew, and one of the… Read More>>
Li Ka-shing Warns HK Housing Speculators and More Asia Real Estate Headlines
China’s spring festival is still weeks away, but there are signs that the region’s real estate markets may be in for a longer than expected winter as Hong Kong’s richest man warns investors against speculating in the city’s real estate… Read More>>
China Vanke Shuffles Investors as Logistics Fund Shrinks Over 50%
China Vanke has announced to the Hong Kong Stock Exchange that its logistics real estate fund has shuffled investors, with the investment vehicle shrinking by over 50 percent to RMB 2.95 billion ($430 million).
Vanke, China’s second-largest real estate developer… Read More>>
Ranks of China’s RMB 100B Developers Set to Double in 2018
Mainland China’s top real estate developers have seen a bountiful year despite a downtrend in the past three months, with 26 developers reporting contracted sales exceeding RMB 100 billion ($15.5 billion) through the first 11 months of the year.
According… Read More>>
China’s Anbang Hires BoA to Sell Hotel Portfolio and More Asia Real Estate Headlines
The trials facing mainland corporates caught on the wrong side of Beijing policy changes loom large in today’s real estate headlines as Anbang and HNA try to sell off some of their harder-to-sell assets and mainstream developers face the prospect… Read More>>
JP Morgan Chase Builds 11% Stake in China Vanke
According to information from the Hong Kong stock exchange, JP Morgan Chase & Co used a flurry of share trades to build its stake in China Vanke, the third largest real estate developer in China, to 11.13 percent as of… Read More>>
China Vanke Buys Six Mainland Projects From Evergrande for RMB 355M
China Vanke has agreed to purchase six real estate projects in the provinces of Zhejiang and Jiangsu, as well as in the city of Chongqing, from a subsidiary of China Evergrande Real Estate, for a total of RMB 355 million… Read More>>
HNA Selling Guangzhou Project to Vanke for RMB 1.6B
Financially troubled mainland conglomerate HNA continued its ongoing series of property disposals on Wednesday as it announced an agreement to sell its Central Hotel Square project in Guangzhou to China Vanke for approximately RMB 1.035 billion ($150 million) in cash,… Read More>>
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