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GIC, Vanke Win Shanghai Shopping Mall Site for $111M

2018/02/26 by Shawna Kwan Leave a Comment

Singapore’s sovereign wealth fund GIC has teamed up with homebuilder China Vanke to win a plot of land in Shanghai for RMB 702 million ($111 million), which the partners plan to develop into a high-end shopping centre.

GIC subsidiary RECO… Read More>>

Country Garden Led Mainland Developers in Jan with Biggest Sales Month Ever

2018/02/08 by Shawna Kwan Leave a Comment

Country Garden’s status as China’s biggest developer by sales remains intact, after announcing a record RMB 69.16 billion ($11 billion) in new contracts in January, beating out mainland rivals China Evergrande and China Vanke.

The sales volume represents a 42… Read More>>

Zhu Jiusheng Vanke

China Vanke Opens 2018 with RMB 68B in Sales to Notch Biggest Month Ever

2018/02/05 by Shawna Kwan Leave a Comment

From the GLP buyout to the acquisition of CapitaLand’s malls, China Vanke has been stealing the spotlight in the past few months. The Shenzhen-based developer has now grabbed headlines again by announcing RMB 67.98 billion ($10.8 billion) of sales for… Read More>>

Zhu Jiusheng Vanke

Vanke Appoints Finance Specialist Zhu Jiusheng as President and CEO

2018/02/01 by Greg Isaacson Leave a Comment

Top five mainland developer China Vanke has named Zhu Jiusheng as its president and chief executive officer, taking over the roles from chairman Yu Liang. The move was unanimously approved by Vanke’s board, according to a filing by the Hong… Read More>>

Tae-young Yang Tera Funding

Korean Proptech Startup Raises $9.3M and More Asia Real Estate Headlines

2018/01/28 by Greg Isaacson Leave a Comment

Proptech leads today’s news roundup, with a Korean real estate crowdfunding startup raising a pile of money in a record-breaking series A investment round. Also in the headlines, China Vanke and ZTE are set to move ahead on a Shenzhen… Read More>>

Vanke Debuts in Hong Kong with Launch of 29-Storey Serviced Residence

2018/01/26 by Shawna Kwan Leave a Comment

China Vanke, the mainland’s third-largest developer by sales, has launched its first property project in Hong Kong. The company’s Vanke Hong Kong arm announced that its 29-storey serviced apartment project, The Luna, is now available for pre-leasing and will officially… Read More>>

Vanke Opens Senior Care Project in Beijing and More Asia Real Estate Headlines

2018/01/12 by Greg Isaacson Leave a Comment

China Vanke leads today’s news roundup, as the top-three mainland homebuilder continues to branch out into commercial real estate by opening a new, 100-bed senior care facility in Beijing. The country’s largest commercial property builder is also in the headlines,… Read More>>

HNA Chen Feng

Mainland Lenders Said to Freeze HNA’s Credit and More Asia Real Estate Headlines

2018/01/07 by Michael Cole Leave a Comment

One of China’s most aggressive investors leads today’s headlines again, and for all the wrong reasons. Following after the news of HNA’s missed payments and abandoned deals, one of the mainland’s biggest developers gets some more digital ink for its… Read More>>

Yang Guoqiang Country Garden

Country Garden Tops Evergrande to Take China’s 2017 Real Estate Sales Crown

2018/01/04 by Shawna Kwan Leave a Comment

Guangdong-based Country Garden achieved contracted sales of RMB 580.8 billion ($89.3 billion) in 2017 to oust billionaire Xu Jiayin’s Evergrande Real Estate from its position as China’s biggest selling developer and seize the title as mainland sales king, figures from… Read More>>

Xu Jiayin Evergrande

Vanke and Evergrande Buy RMB 8.6B in Shenzhen Land and More Asia Real Estate Headlines

2017/12/21 by Michael Cole Leave a Comment

The rush to complete deals before the end of the year continues this week with Vanke and Evergrande paying more than $1.3 billion for a pair of plots in Shenzhen, while China’s second largest lender will pay you to let… Read More>>

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