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80 South Seaport

China’s Oceanwide Holdings Buys $390M NY Project in 4th US Deal

2015/08/09 by Michael Cole Leave a Comment

Chinese real estate developer Oceanwide Holdings is taking on its fourth US project after agreeing to acquire a pair of Manhattan sites for $390 million.

Oceanwide acquired the project through its Hong Kong-listed subsidiary, China Oceanwide Holdings, which announced last… Read More>>

jin huiming dahua

Chinese Real Estate Developer Picks Up Second Aussie Site in 30 Days

2015/08/09 by Michael Cole Leave a Comment

Chinese property developer Dahua Group doubled down on Australian real estate this month when it acquired its second development site down under within 30 days.

The Shanghai-based real estate company this past week bought a residential site in suburban Melbourne… Read More>>

Chau Chak Wing

Chinese Billionaire Buys Home of Aussie Casino King James Packer for $51M

2015/08/06 by Michael Cole Leave a Comment

Australia’s fourth-richest man, James Packer, just sold his 3,345 square metre Sydney estate for a record $51 million to a property developer from southern China’s Guangdong province.

Packer, who runs the Crown Resorts casino group and is heir to one… Read More>>

Taikoo Li Beijing

Swire Planning 124,000 Sqm Mall for Shanghai’s Qiantan Area

2015/08/06 by Michael Cole Leave a Comment

Swire Properties, which is planning to open a 321,000 square metre commercial complex in Shanghai’s Jing An District next year, now has big plans for Pudong as well.

The Hong Kong-based developer recently announced that it has signed a framework… Read More>>

david rubenstein

Carlyle & CLSA Sell Shanghai Office Building to Yuexiu REIT for RMB 2.63B

2015/08/06 by Michael Cole Leave a Comment

A company belonging to private equity firms Carlyle Group and CLSA Capital Partners has sold an office tower in Shanghai’s Pudong district to Hong Kong-listed Yuexiu REIT for RMB 2.63 billion ($423 million).

Yuexiu REIT, which is controlled by Guangzhou-based… Read More>>

Daniel Wan Shui On

Shui On CFO Daniel Wan Resigns Amid Asset Sales

2015/08/05 by Michael Cole Leave a Comment

Daniel YK Wan has resigned from his post as chief financial officer for Shui On Land, as the highly geared Hong Kong-listed developer struggles to reignite investor enthusiasm.

Wan, who was also an Executive Director and Managing Director at the… Read More>>

Li Ka-shing

Li Ka-Shing Said Selling Pudong Property for RMB 20 Bil

2015/08/02 by Michael Cole Leave a Comment

Cheung Kong Property Holdings, the real estate company belonging to billionaire Li Ka-shing is reportedly selling its Century Link commercial project in Shanghai for RMB 20 billion ($3.22 billion).

Should the sale of the as-yet-unopened 360,000 square metre Pudong complex… Read More>>

China Housing Prices

China Home Prices Keep Momentum in July

2015/08/01 by Michael Cole Leave a Comment

China’s housing prices continued to rebound in July, rising by 0.54 percent compared to June, as the country’s real estate recovery refused to wilt in the summer heat.

The average home price nationwide now stands at RMB 10,685 ($1,721) per… Read More>>

Guo Guangchang

Fosun Focuses on Europe with $381M Milan Real Estate Deal

2015/07/30 by Michael Cole Leave a Comment

China’s Fosun International continues to bet on Europe as the private investment giant confirmed this week that it is buying a landmark Milan office building.

The Shanghai-based company led by billionaire Guo Guangchang is said to be paying 345 million… Read More>>

Wang Jianlin

Dalian Wanda to Close 120 Venues as Retail Business Struggles

2015/07/28 by Michael Cole Leave a Comment

Dalian Wanda, the commercial real estate developer controlled by Chinese billionaire Wang Jianlin, is planning to close 40 of its department stores and 80 other venues as the company shifts its focus to new business areas such as ecommerce and… Read More>>

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