Beijing-based property developer Cinda Real Estate has announced that Ding Xiaojie has been unanimously appointed as the new chairman of its board of directors, replacing Jia Honghao. The transition to the new leadership for the Shanghai-listed builder took place on… Read More>>
Cinda Real Estate established itself as China’s new land king this week by paying RMB 5.8 billion ($870 million) for a plot of land in Shanghai’s Baoshan district.
The land purchase marked the third time in less than seven months… Read More>>
Shenzhen is building itself into the hub of China’s high tech economy, and that shift to tech manufacturing may help explain why the southern Chinese city’s home prices have jumped over 60 percent in the last year. Meanwhile Cinda Real… Read More>>
A joint effort by China Vanke, the country’s largest developer and Cinda Real Estate, a developer belonging to one of the country’s biggest asset managers, beat out 17 other bidders last week to offer RMB 12.3 billion ($1.87 billion) for… Read More>>
Late last week and into the weekend there were a number of breaking news stories, including China’s bad asset bank Cinda picking up two plots of land in Shanghai, China Resources Holdings upping its stake in developer China Vanke, and… Read More>>