Asia’s richest man, Wang Jianlin, took his Dalian Wanda Group from a little known property developer to China’s biggest builder of malls in just over a decade. But now the billionaire, whose real estate business enjoyed Hong Kong’s biggest IPO… Read More>>
Investment Requirements for EB-5 Visas Slated to Rise 60%
The US’ EB-5 investor visa program is set to expire on September 30th this year, and while it is expected to be renewed, the new version of the popular pathway to US residency (and source of investment funds) is due… Read More>>
Gaw Capital Leads $938M Deal for HK’s Intercontinental Hotel
Hong Kong-based Gaw Capital Partners announced on Friday that it has led the acquisition of the Intercontinental Hong Kong Hotel, together with institutional investors advised by the private equity real estate firm.
Gaw and its co-investors purchased the 503-room hotel… Read More>>
Shui On Said Selling Corporate Avenue One to HK’s Link REIT for RMB 7.4B
Cash-strapped developer Shui On Land is said to be close to concluding a deal to sell the first phase of its Corporate Avenue commercial complex in Shanghai for RMB 7.4 billion ($1.19 billion).
The buyer of the prime real estate asset is… Read More>>
Chinese Billionaire Buys Goldman Sachs London HQ
Hui Wing Mau, the billionaire chairman of Shanghai-based real estate developer Shimao Holdings, has officially become a player in the European market with his purchase of a central London office complex.
Hui, who has already acquired commercial real estate assets… Read More>>
China’s Taiping Insurance Invests $229 Mil in NYC Luxury Project
China has picked up another piece of Manhattan after Taiping Asset Management, an offshore subsidiary of one of the country’s biggest insurance firms, paid $229 million for an undisclosed equity stake in a 58-storey condo development project in New York’s… Read More>>
China Developers Routed in SH and HK – Where Does the Industry Turn for Cash?
As the rout of Chinese equities begins to grab world headlines, the stocks of the country’s property developers appear to be leading the way down, with the Shanghai real estate index heading southward today by 438 points, a loss of… Read More>>
China’s Biggest Builder Buys Two More Condo Sites in New Jersey
China’s biggest builder just grew a bit larger in the US this week when Strategic Capital, a subsidiary of China State Construction Engineering Co (CSCEC) bought two residential sites in Jersey City.
Strategic Capital bought the two adjacent plots just… Read More>>
Kuafu Pays $260 Mil to Acquire 4th NYC Property in One Year
Kuafu Properties, the New York-based developer owned by China-based investors now owns the rights to more than 1 million square feet (92,000 square metres) of New York real estate, less than one year after entering the US market.
The latest… Read More>>
Colliers SG MD Dennis Yeo Heads to CBRE as Reshuffle Continues
The changeover in top leadership for real estate brokerage Colliers International continues this week as the company’s managing director for Singapore, and former interim Asia CEO, is reportedly leaving the firm for rival CBRE.
Dennis Yeo is leaving Colliers after… Read More>>
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