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Corporate Avenue Hubin Lake

Shui On Land Puts Shanghai Office Tower on the Market for RMB 7.5B

2015/03/15 by Michael Cole 1 Comment

Shui On Land has reportedly put Corporate Avenue One, a prime commercial asset next to the Hong Kong-listed real estate developer’s landmark Xintiandi project in Shanghai, on the market for approximately RMB 7.47 billion ($1.2 billion).

The potential sale of… Read More>>

china housing sales

China Property Sales Fall 16.3% in 2015 Despite Govt Support

2015/03/15 by Michael Cole Leave a Comment

Property sales in China have fallen 16.7 percent this year compared to the first two months of 2014, dashing developer hopes for a quick recovery to the nation’s housing slump.

The slide in home sales came despite a series of… Read More>>

Broad building materials

Changsha’s Broad Group Builds 57-Storey Tower in Just 19 Days

2015/03/12 by Michael Cole 1 Comment

When the world last heard of Hunan-based Broad Group, the construction firm was still struggling to win approval to turn a watermelon patch into a 220-storey vertical city.

Now the air conditioning maker turned-modular building group has bounced back… Read More>>

Hui Wing Mau Shimao

Shimao Goes Back to Bond Markets for $300M in New Debt

2015/03/12 by Michael Cole Leave a Comment

Shanghai-based Shimao Property is heading to the international bond markets for the second time this year, as the real estate developer seeks to improve its liquidity and finance both existing and new projects during China’s property downturn.

In this latest… Read More>>

Jason Whitcombe C&W

Jason Whitcombe Joins as C&W Builds Up APAC Executive Team

2015/03/12 by Michael Cole Leave a Comment

Real estate consultancy Cushman & Wakefield continues to build up its Asia Pacific management team this month with the addition of Jason Whitcombe to lead one of the company’s largest divisions, as well as the promotion of Emily Gray to… Read More>>

Lee Shau Kee

12 of the World’s 20 Richest Real Estate Tycoons are Chinese

2015/03/09 by Michael Cole Leave a Comment

Real estate is good business in most parts of the world, but nowhere is the property business a better place to build wealth than in Asia, according to a recent survey.

The recently released Forbes Rich List, the annual compendium of… Read More>>

Burlingame Point

Chinese Investor Buys $48M California Site to Build Asian Business Hub

2015/03/08 by Michael Cole Leave a Comment

A Chinese-backed investor has paid $47.7 million to acquire a site for a 71,000 square metre (767,000 square foot) business park in the Bay Area city of Burlingame, just south of San Francisco. The buyers of the Burlingame Point project… Read More>>

130 Elizabeth Street Sydney.

Aoyuan Property Buys Sydney Office Tower for $94.8M

2015/03/05 by Michael Cole Leave a Comment

Australia may be making noise about slowing down sales of homes to foreigners, but the government’s regulatory moves didn’t stop Aoyuan Property Group from becoming the latest Chinese developer to buy a project in Sydney.

The Guangzhou-based real estate firm… Read More>>

Joe Hockey FIRB

Evergrande Boss’ Sydney Mansion Caught in Aussie Crackdown

2015/03/04 by Michael Cole Leave a Comment

The billionaire owner of China’s Evergrande real estate bought one of the poshest homes in Sydney last year for A$39 million ($30.5 million). But now Xu Jiayin, who also owns Guangzhou Evergrande football club, has 90 days to sell off… Read More>>

Crystal Palace in Bromley.

Chinese Deal for London’s Crystal Palace All in Pieces

2015/03/03 by Michael Cole Leave a Comment

A £500 million ($772 million) plan for a Chinese developer to rebuild London’s famed Crystal Palace appears to have fallen apart recently after 16 months of delay.

Despite attracting a shortlist of architects including Zaha Hadid, Richard Rogers and David… Read More>>

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