China’s largest commercial developer, Dalian Wanda, hopes to grow a bit bigger still by investing as much as $10 billion in India over the next decade.
Wanda chairman, Wang Jianlin – currently reigning as Asia’s richest man – is in… Read More>>
5 Things I Learned at Mapic’s Shanghai Retail Event
If China’s retail market is doomed, then the people in charge of opening new stores and building new malls don’t yet know about it, as more than 180 of them showed up today to attend the Retail Real Estate Market… Read More>>
Vanke Wins Approval for China’s First REIT
Vanke lost its title of China’s largest developer last year to Shanghai’s Greenland Group, but the Shenzhen-based home builder won a different prize this week by securing the right to launch China’s first real estate investment trust (REIT).
The REIT… Read More>>
Chinese Entrepreneur With 30 Islands Leading Group-Buy Tour of the Pacific
Forming purchasing groups to increase bargaining power is a Chinese tradition that’s applied to everything from buying vegetables to acquiring Shanghai apartments, but one Guangdong business baron is now setting up his own team of island buyers to tour the… Read More>>
China’s Greenland Group Picks Up 2 Sydney Sites for $131 Mil
China’s love affair with Sydney continued to pick up pace this month as Greenland Group picked up a pair of projects in Australia’s largest city for a combined A$170 million ($131 million).
The Shanghai-based developer, which outsold all other Chinese… Read More>>
Wanda Launches Online Investment Product to Crowdfund Malls
Dalian Wanda Group this week announced its first venture into online financing as China’s biggest commercial property developer looks to the Internet to fund a ten-fold increase in its fleet of shopping malls.
The real estate conglomerate controlled by Asia’s… Read More>>
Gaw Capital Leads $725 Mil Purchase of Seattle Office Tower
Hong Kong’s Gaw Capital has led a group of Asian investors in buying Seattle’s tallest building for $725 million, according to published reports.
The acquisition of the 76-storey Columbia Center office tower from previous owners Beacon Capital of Boston could… Read More>>
HK’s Great Eagle Buys SF Site Near Twitter for $19.8M
Hong Kong developer Great Eagle has become the latest Chinese real estate company to bet on San Francisco’s property market by purchasing a development site in the city’s Central Market area for $19.8 million, according to public records.
Great Eagle has… Read More>>
Developers Team with Financial Partners to Bid Up Shanghai Land
Shanghai home prices hit a new high in May, and developers reacted by bringing in extra financial muscle to win the first land sales of June in China’s commercial capital.
China Resources Land teamed up with state-owned investment conglomerate Huafa Group… Read More>>
JLL Snatches Key Outbound Broker From CBRE
The chance to grab a piece of China’s estimated $20 billion in outbound real estate investment is also creating new opportunities for the country’s deal brokers as evidenced this week when a recently departed CBRE team member resurfaced as a… Read More>>
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