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Peace Hotel Shanghai

Jin Jiang Said to Join Chase for Carlyle’s $1.1B French Hotel Chain

2015/11/24 by Michael Cole Leave a Comment

Shanghai-based hotel operator the Jin Jiang Group is said to have joined the bidding for B&B Hotels, making it the second mainland Chinese firm to pursue the French econo-chic hospitality brand.

The Carlyle Group, which currently owns 80 percent of… Read More>>

China home price index

Can Shenzhen and Shanghai Create a China Real Estate Recovery?

2015/11/21 by Michael Cole Leave a Comment

The average price of a new home in China went up by 0.2 percent in October, but that’s only if you don’t count most of the housing being sold.

The latest figures from China’s National Bureau of Statistics were published… Read More>>

russell street causeway bay

HK’s Causeway Bay Still 2nd for Retail Rents Globally Despite Downturn

2015/11/19 by Michael Cole Leave a Comment

Shops may be closing due to disappointing sales in Hong Kong’s Causeway Bay area, but the glitzy shopping street still hung onto its rank as the second-most expensive place to rent a shop in the world, behind only New York’s… Read More>>

Hyatt regency Orange County

Shanghai Construction Group Buys Orange County Hyatt for $137M

2015/11/18 by Michael Cole Leave a Comment

Shanghai Construction Group became the latest Chinese buyer of an overseas hotel recently when a US subsidiary of the state-owned giant picked up the Hyatt Regency Orange County for $137 million.

The southern California hotel acquisition by SCG America is… Read More>>

Li Sze-lim Guangzhou R&F

Wanda, R&F Seek Shanghai Listings as China Re-Opens IPO Gates

2015/11/17 by Michael Cole Leave a Comment

Developers Dalian Wanda and Guangzhou R&F Properties could be among the first batch of companies to list on mainland exchanges as China’s government prepares to re-open new stock market listings following this summer’s crash.

The domestic stock market listings could… Read More>>

jimmy-phua

APG and CPPIB Set Up $500M JV for Korean Logistics with e-Shang

2015/11/17 by Michael Cole Leave a Comment

Chinese warehouse developer e-Shang continued to boost its bid to become a major player in Asia’s regional logistics real estate market this week as the Shanghai-based startup announced a $500 million joint venture with Dutch pension asset manager APG Asset… Read More>>

Joseph-Lau

Evergrande Buys HK Office Tower from Chinese Estates for $1.61B

2015/11/15 by Michael Cole Leave a Comment

China’s Evergrande Real Estate set a new record for acquisition of a Hong Kong office building last week by purchasing the Mass Mutual Tower in Wanchai from Joseph Lau’s Chinese Estates for HK$12.5 billion ($1.61 billion).

The sale of the… Read More>>

colin clark

Redwood Goes Green With Solar Roof on Beijing Logistics Centre

2015/11/15 by Michael Cole Leave a Comment

Logistics developer the Redwood Group made its own contribution towards cleaning up Beijing’s famously foul air recently when the Singapore-based warehouse investor introduced a solar roof capable of powering as much as 250 homes on a distribution centre it has… Read More>>

China Life Buys Kowloon Office Tower From Wheelock for $755M

2015/11/12 by Michael Cole Leave a Comment

Mainland insurer China Life Insurance set a new record for purchase of a commercial property in Hong Kong’s Kowloon area by purchasing two buildings currently under development at Wheelock and Company’s One Harbourgate complex for HK$5.86 billion ($755 million).

The… Read More>>

Xintiandi Developer Shui On Land Appoints Douglas Sung as CFO

2015/11/12 by Michael Cole Leave a Comment

Shui On Land announced today that it has appointed Douglas Sung He Hau as the Hong Kong-listed developer’s new chief financial officer, replacing interim CFO Frankie Wong Yuet Leung.

In a statement to the Hong Kong stock exchange dated today,… Read More>>

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