Once the preserve of those not stylish enough for retail or slick enough for office, industrial real estate specialists lead Mingtiandi’s round-up of people moves this week as a GLP veteran teams up with a Li & Fung director to… Read More>>
Chongbang Group has closed the $120 million acquisition of a suburban site in northwestern Shanghai as it readies the second phase of the company’s retail-anchored Lifehub@Anting project, Mingtiandi can reveal.
The Shanghai-based commercial developer led by one-time Shui On Land… Read More>>
Christopher Wu has made the step up to Group Chief Financial Officer at Chongbang Group, the developer behind a series of LifeHub mixed-use projects in Shanghai and other major mainland centres, according to market sources who spoke with Mingtiandi.
In… Read More>>
Henry Cheng’s Chongbang Group has purchased a commercial site in Shanghai’s Hongkou district for RMB 7.1 billion ($1.05 billion), according to records from the city’s Land Transaction Market website.
The developer, which was founded by former Shui On Land executive… Read More>>
Singaporean trusts feature in this week’s edition of People in the News, with a pair of industrial and business space REIT managers getting new leadership. Hong Kong has also seen some high-profile personnel moves, as a retail maven heads up… Read More>>
Shanghai-based Chongbang Group has agreed to pay Keppel Land China and Alpha Investment Partners a combined $516.9 million to buy back an 80 percent stake held by the two Singaporean investors in the Life Hub@Jinqiao project in Shanghai’s Pudong District…. Read More>>
This week China’s answer to AirBNB snatches talent away from the country’s richest man, while the commercial agencies continue to trade investment brokers. Also a major agency finds a new research head from within its own ranks and much more…. Read More>>
This week one of China’s biggest cross-border investors appoints a new head of real estate deals, an award-winning developer redirects talent to a project on Shanghai’s North Bund, and more people on the move, as we shift into November. Read… Read More>>
Hong Kong-based developer Chongbang Group closed a $920 million round of fund raising this week with Canada’s Ivanhoe Cambridge and Dutch pension-fund manager APG taking leading roles in the investment.
Chongbang focuses on the Shanghai market and began making its… Read More>>
According to informed sources, a Morgan Stanley managed real estate fund is wrapping up negotiations to sell the Life Hub @ Jinqiao office and retail project in Shanghai’s Pudong district for between RMB 3 billon and RMB 3.5 billion.
While… Read More>>