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>>
Malaysia Grants Tax Breaks to $121B Country Garden Project in Iskandar
Chinese developer Country Garden Holdings announced this weekend that its $121 billion Forest City project in Malaysia’s Iskandar region had been granted duty-free status by the Malaysian government, as the mainland home builder works together with the Malaysian authorities to… Read More>>
Country Garden Says It Will Take Over Shui On Project in Foshan
Mainland developer Country Garden announced recently that it has signed a preliminary agreement with Shui On Land to buy a major stake in the Hong Kong-listed builder’s Foshan Lingnan Tiandi project in the southern Chinese city of Foshan. A report… Read More>>
Savills IM Plans New $1B Asia Fund and More China Real Estate Headlines 2016-01-24
Savills Investment Management continues to ramp up its activities with a billion dollar Asia fund, while one Chinese mega-developer sees profit growth slow to just 1.18% in 2015 as another gets ready to sell apartments on its own Malaysian island…. Read More>>
Philippine Mall Developer to Invest $320M in 2016 and More China Real Estate Headlines 2015-11-26
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Philippine Mall Developer to Invest $320M for China Malls
SM Prime Holdings Inc., the country’s leading integrated property developer, said Wednesday… Read More>>
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