JLL announced this week that it has brought on board Kent Fong, former co-head of Investment at Cushman & Wakefield in Hong Kong to be the new leader of its investment brokerage division in the city.
The move comes the… Read More>>
Link REIT Announces Allen as New Chairman as Sallnow-Smith Retires
Link Asset Management Limited which manages Asia’s largest real estate investment trust, Link REIT, announced today that its chairman, Nicholas Sallnow-Smith would be stepping down on 31 March of this year after completing his maximum nine year term of service.
Wanda’s Wang Jianlin Stars as the Developer Who Devoured Hollywood
Wang Jianlin is China’s most velociraptor-like investor, so perhaps its fitting that his company, Dalian Wanda is about to take over the Hollywood studio responsible for this year’s blockbuster, Jurassic World.
Wanda is reportedly close to buying a majority stake… Read More>>
27-Year-Old Shanghai Heir Buys Angelina Jolie’s Sydney Hang-out for $37.5M
While China was once known for exporting manufactured goods around, the country previously specialising as the world’s factory floor now seems to be capturing more attention for the sending its billionaires and their kin out of the country.
New proof… Read More>>
Beijing’s Office Air May Be Worse Than Outdoors
China’s latest environmental regulations require that children be kept home from school on days with the worst air pollution, but office workers may need similar safety measures, according to recent research into air quality in Beijing’s office buildings.
Ninety percent… Read More>>
Blackrock Calls the Bottom of China’s Real Estate Market
While many US-based fund managers are shunning China in favor of other Asian locations, Blackrock is said to be shopping for office towers and even retail assets on the mainland.
The New York-based investment management firm, which currently is the… Read More>>
Real Estate Tycoons Lead List of Prosecuted Chinese Billionaires
More than one percent of China’s richest people have been prosecuted for economic crimes, according to a recent report, and the country’s real estate industry is the leading source of these charged, jailed or executed kingpins.
The Hurun Report, which… Read More>>
Wharf Sells 6% Stake in Sino-Ocean to Mystery Buyer for $284M
The battle for shares in China’s largest property developers surged to a new level late last week after Hong Kong real estate giant Wharf Holdings revealed on Thursday that it would be selling its 5.93 percent stake in Sino-Ocean Land… Read More>>
Fosun Chairman Guo Guangchang Said to Be Detained Amid Graft Sweep
Guo Guangchang, chairman of China’s largest private investment conglomerate, Fosun International, was reportedly detained by police yesterday amid a deepening anti-graft campaign.
Fosun made headlines internationally in 2013 by purchasing Chase Manhattan Plaza in New York for $725 million, and… Read More>>
Shui On Selling Corporate Avenue 3 to HK Sauce Maker and Vanke for RMB 5.7B
Shui On Land parted with another jewel in its crown of downtown Shanghai assets yesterday when the Hong Kong-listed developer agreed to sell the Corporate Avenue 3 building to a unit of oyster sauce heavyweight Lee Kum Kee and developer… Read More>>
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