Yet another starry-eyed hopeful may be having his dreams dashed by the cruel realities of Hollywood, but this time instead of a bumpkin off the bus from Boise, it’s China’s richest man. Or former richest man, as Wang Jianlin’s purchase… Read More>>
Mandarin Oriental Scraps Excelsior Sale as Offers Disappoint and More Asia Real Estate Headlines
China’s clampdown on outbound capital might have cost the Mandarin Oriental Hotels group its chance at a record sale as the hospitality group announced this week that it is pulling its Causeway Bay property off the market after bids failed… Read More>>
WeWork Rolls into Japan With 3 Tokyo Centres and More Asia Real Estate Headlines
At the top of the news today, Asia’s co-working competition continues to heat up with New York’s WeWork hoping to make it big in Japan. Expansion is proving a bit tougher for Guangzhou-based Country Garden, which has become the latest… Read More>>
Vanke, China Resources Buy New Shanghai Sites as City Sells $2B in Land
The suburbs of Shanghai saw nearly RMB 13.05 billion ($1.99 billion) of residential land change hands this past week, as the city seeks to boost new apartment supply to bring relief to its housing-hungry population.
The nearly two billion dollar… Read More>>
Asia Real Estate People in the News 2017-08-28
As we wind up August, school holidays are over and we are able to see a numbers and charts guy finding a new home in Singapore with Savills Investment Management, a Trojan grabbing a seat next to the CEO of… Read More>>
New World Plans Kowloon West Commercial Hub and More Asia Real Estate Headlines
Leading today’s headlines, one of Hong Kong’s biggest developers hopes to cash in on the city’s hunger for commercial space by fostering a new commercial hub in Kowloon West, while one of China’s biggest developers of homes now hopes to… Read More>>
Developer Future Land Halts Trading for $2B Buyout Bid and More Asia Real Estate Headlines
China’s big buyout week continues to dominate the headlines today as a Shanghai-based developer plans a $2 billion buyback of its Hong Kong-listed shares. That deal comes as Dalian Wanda and Sunac trade places near the top of the mainland’s… Read More>>
China Evergrande Sales Jump 72% in 1H and More Asia Real Estate Headlines
As we head into July Asia’s real estate investors are showing no signs of taking a holiday, with major activity popping up in Singapore, Beijing and points in between. Leading off today’s headlines, Evergrande sees its taste for lower-tier cities… Read More>>
Vanke Grabs 16 Guangzhou Sites in Record $8.1B Deal
Mainland China’s most valuable developer has won an auction to buy a rare package of prime development sites in Guangzhou for RMB 55.1 billion ($8.13 billion), in what is said to be the country’s biggest-ever land sale. Under the deal,… Read More>>
Coming Out Party for Shenzhen Mall is Latest Step in Vanke Retail Expansion
China Vanke may have lost its founder and CEO last week, but the country’s second-largest developer by sales is also flexing its muscles in the retail property market.
After leading a $1.9 billion acquisition of the Blackstone-controlled mall platform SCP… Read More>>
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