One Hong Kong newspaper is reporting that Li Ka-shing has sold off a 75 percent stake in one of his trophy assets, while Donald Trump may be in trouble with some US voters, but according to stories in the press… Read More>>
Girl Power: Meet The 4 Mainland Women Who Made Nearly $20 Bil in Real Estate
Once again, Dalian Wanda chairman Wang Jianlin is China’s richest man with an estimated net worth of $33 billion. However, among China’s top property barons, it’s the prominent role of baronesses that makes the country’s real estate industry look like… Read More>>
Li Ka-shing Feeling Brexit Blues And More Asia Real Estate Headlines
In the news today, Hong Kong’s Superman is weakened by kryptonite in its Brexit-form as shares in his affiliates continue to trend downward. Meanwhile Korea’s Lotte Department Store is teaming with Citic Group to enter the Shanghai retail sector and… Read More>>
Wanda Breaks Ground on 95-Story Chicago Tower and More Asia Real Estate Headlines
Leading today’s Asia real estate news is a deal in Chicago, as China’s richest man gets started on that city’s third tallest building, while back in the old world top-five mainland developer Country Garden goes after another megaproject in a… Read More>>
Asia Real Estate People in the News 2016-08-29
Summer is nearly over, and many of Asia’s real estate professionals are going back to work at a new desk after the summer holidays. This week, China’s richest man loses a team member to a cross-border private equity shop, a… Read More>>
Country Garden Expects $3 Bil in 2016 Sales From Malaysian Megaproject
One of China’s biggest builders is counting on a surge of sales from a $121 billion project it is building on a set of reclaimed islands between Malaysia and Singapore to bring in more than $3 billion in new sales… Read More>>
Country Garden Buys 2nd Sydney Site for $35 Mil
Chinese residential developer Country Garden has acquired a second residential site in Sydney after a three-year hiatus.
After several false starts, and a change of general manager in its Australian operations, the company has now secured a site amalgamated from 10… Read More>>
HK Tries Out 5% Down, No Proof Mortgages and More Greater China Real Estate Headlines
Hong Kong developers are borrowing a page from the US subprime crisis by boldly offering 95 percent mortgages without proof of income in answer to a falling housing market. One of the city’s biggest developers seems unfazed, however, with six… Read More>>
Country Garden Shares Pounded After Profits Slip and More China Real Estate Headlines 2016-03-16
One of China’s biggest outbound real estate developers blames a six percent drop in gross margin on forex challenges, Hugo Boss is suddenly finding China less fashionable, and a high end site in Hong Kong sells at 27 percent below… Read More>>
Mainland Fund Managers Go For Property Bonds and More China Real Estate Headlines 2016-03-09
China’s financial markets bet big on property bonds as home sales take off in the first tier cities, while more analysts see the government tolerating a big city bubble if it means selling off unwanted housing in smaller communities. Plus… Read More>>
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