With liquidity continuing to flow into China’s financial system, the country’s property developers have more cash on hand for their battle for new sites, and there are signs from Wuhan, Xiamen and even Nantong that some of the nation’s top… Read More>>
Luckin Coffee to Open 2,500 New Mainland Stores and More Asia Real Estate Headlines
The race for the hearts and wallets of China’s coffee addicts leads today’s real estate news as venture-backed Luckin Coffee says it will open 2,500 new stores this year. That optimistic worldview may not be shared by China Overseas Land… Read More>>
COLI Wins Plot on HK’s Former Kai Tak Runway for Bargain HK$8B
China Overseas Land & Investment (COLI) picked up Hong Kong’s final residential plot of the year for a bargain HK$8.03 billion ($1.03 billion), as clouds gather over Asia’s most expensive real estate market.
The state-run mainland developer purchased the site on… Read More>>
China Overseas Land Buys Suburban Beijing Site For RMB 5.5B
Top-ten mainland developer China Overseas Land and Investment (COLI) has purchased a 175,114 square metre mixed-use site in northern Beijing for RMB 5.45 billion ($847 million), according to official announcements following the government auction.
The site in Shahezhen town in… Read More>>
COLI-Sino Land-K Wah JV Wins HK Condo Site with $1.1B Bid and More Asia Real Estate Headlines
Topping today’s headlines is the latest record land sale in Hong Kong, as a mainland-HK joint venture takes home a New Territories residential site for HK$8.33 billion. Also in the headlines, both WeWork and Savills are expanding in India, and… Read More>>
Yan Jianguo Named Chairman in COLI’s Latest Leadership Change
China Overseas Land and Investment (COLI) yesterday announced the third major change in its senior leadership over the past six months, replacing chairman Xiao Xiao with Yan Jianguo, according to a statement to the Hong Kong stock exchange by the… Read More>>
China Overseas Land Appoints New CEO in 2nd Leadership Change in 1 Month
Top five mainland developer China Overseas Land and Investment (COLI) this week appointed Yan Jianguo to serve as the Hong Kong-listed real estate company’s new CEO, according to an announcement to the Hong Kong stock exchange.
The change in top… Read More>>
China Overseas Land to Buy London’s Helicon Building for $200M
China Overseas Land and Investment (COLI) is set to become the second Chinese real estate developer to purchase an office tower in London within the last month according to a report published on Friday.
One of China’s top five developers… Read More>>
China Overseas Holdings Buys Sydney Site for $56M
One of China’s 10 largest developers became the latest mainland homebuilder to enter the Sydney market this week when China Overseas Holdings Ltd (COHL) bought a site in the city’s north side for A$80 million ($56 million).
The acquisition by… Read More>>