Eastern China’s Yangtze River Delta has taken a starring role in April land purchases by mainland developers, with China Resources Land, Sunac, Greentown and Country Garden all purchasing projects the economic corridor this month. Looking back to March, new research… Read More>>
KKR, GIC Selling Stake in India Lender for $500M and More Asia Real Estate Headlines
Private equity deals in India, stagnant home prices in Singapore and Silom Road megaprojects are among the top stories in Asia’s real estate markets this morning with America’s KKR and Singapore’s GIC leading the way with a reported $500 million… Read More>>
Country Garden Eyes Smaller Cities for Growth and More Asia Real Estate Headlines
China’s top two property developers are going in different directions with Country Garden seeing its future in small cities and counties while Evergrande is increasing its investment in the electric car market. Meanwhile Club Med is planning to open a… Read More>>
China Vanke Sales Slid 12% in February as Mainland Home Titans Pinched
Property sales by China’s top three developers slid in the first two months of 2019 compared to the same period last year as the companies brace for an uncertain year ahead.
Vanke, China’s second-largest real estate developer in 2018 in… Read More>>
32% Growth Helps Country Garden Lead China’s Top 10 Developers for 2018
Country Garden Holdings was China’s top developer in 2018, as measured by sales contracts, maintaining its hold on the top spot for the second consecutive year in a year marked by consolidation among mainland developers.
The Guangdong-based builder chaired by… Read More>>
Tencent Goes Full Gadget for New Shenzhen HQ and More Asia Real Estate Headlines
Leading today’s real estate news from around the region, Tencent is hoping that its newly-opened Shenzhen offices will help the tech giant to build a vertical community campus, while slightly further south in Hong Kong it was revealed that among… Read More>>
Evergrande Buys Out SAAB Owner for $930M and More Asia Real Estate Headlines
Evergrande Group chairman Xu Jiayin seems determined to break into the world of electric cars, as the mainland property magnate this week agreed to pay nearly $1 billion to take over the Swedish electric car firm which controls the assets… Read More>>
HK-Listed Developer Country Garden Elevates Yang Huiyan, China’s Richest Woman, to Co-Chair
The richest woman in China, Yang Huiyan, has plumped her gaudy profile even further, becoming co-chair of Hong Kong-listed Country Garden Holdings alongside her father, self-made tycoon Yang Guoqiang, or Yeung Kwok Keung as he is known in Hong Kong.
Ranks of China’s RMB 100B Developers Set to Double in 2018
Mainland China’s top real estate developers have seen a bountiful year despite a downtrend in the past three months, with 26 developers reporting contracted sales exceeding RMB 100 billion ($15.5 billion) through the first 11 months of the year.
According… Read More>>
Cai Xinyi, Daughter of Longfor Founder, Now China’s Youngest Billionaire With $7.2B Fortune
China has a new entry on the list of the world’s youngest billionaires as the twenty-something daughter of Longfor Properties founder Wu Yajun just saw her personal net-worth jump by HK$56 billion ($7.17 billion).
Cai Xinyi, daughter of Wu Yajun… Read More>>
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