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Sunac Sun Hongbin

Sunac to Buy 4 Kaisa Projects for RMB 2.37B – Merger is Off

2015/02/01 by Michael Cole Leave a Comment

Sunac China is buying four Shanghai projects from defaulting real estate developer Kaisa Group for RMB 2.37 billion ($380 million) according to announcements posted today from the two companies.

Sunac will be acquiring 100 percent of two of the companies,… Read More>>

China Housing Prices Climb – Reversing 8-Month Slide

2015/02/01 by Michael Cole Leave a Comment

China’s housing prices climbed in January for the first time since April, as looser monetary policies seem to be coaxing buyers back into the market.

New home prices climbed by an average of 0.21 percent last month compared to December,… Read More>>

10 Upper Bank Street

Chinese Spent $3.32B on London Property in 2014 Says Savills

2015/01/31 by Michael Cole Leave a Comment

Chinese buyers are now the second biggest foreign investors in London’s booming property market, having spent £2.2 billion ($3.32 billion) on real estate in the UK’s capital last year.

In a report published this week, UK-based property consultancy Savills found… Read More>>

sino-ocean luo dongjiang

Chinese Developer Sells $1.2B Bond as Kaisa Panic Subsides

2015/01/29 by Michael Cole Leave a Comment

Regional financial markets may be regaining their trust in China’s real estate developers, as Sino-Ocean Land successfully priced a $1.2 billion dual-tranche bond yesterday.

The Beijing-based builder raised a $700 million five-year note as well as a $500 million 12-year note,… Read More>>

3d-printed apartment block

Shanghai Company 3D-Prints Six-Storey Apartment Building

2015/01/29 by Michael Cole 1 Comment

Not content with setting a world record for printing new homes last year, Shanghai’s WinSun Engineering is back in the news this month after building a six-storey apartment block and accompanying villa entirely using 3D printing.

WinSun printed the 1100… Read More>>

Fosun Sydney

Fosun Acquires Sydney Office Building for $93M as Chinese Catch Oz Fever

2015/01/27 by Michael Cole Leave a Comment

Fosun Property, the real estate arm of China’s largest privately held investment conglomerate announced today that it had acquired an office block in Sydney, Australia for A$116.5 million ($93 million).

The Shanghai-based property investment company will add 73 Miller Street… Read More>>

Darren Xia JLL

Most Chinese Commercial Property Investment No Longer in China as Outbound Deals Jump 46%

2015/01/27 by Michael Cole Leave a Comment

Chinese investments in overseas real estate increased by 46 percent to a record $16.5 billion in 2014, as China’s slumping property market combined with regulatory reforms to send its investors across borders in search of deals.

For the first time ever,… Read More>>

Tower Place London

Ping An Makes Second London Acquisition for $490M

2015/01/24 by Michael Cole Leave a Comment

China’s Ping An Insurance has made its second acquisition of a major London real estate asset by acquiring Tower Place in the city’s insurance district for ₤327 million ($490 million) according to sources familiar with deal.

The purchase of the… Read More>>

tebrau waterfront city

Greenland’s $666M Project to Bring Snow and Opera to Malaysian Seaside

2015/01/24 by Michael Cole Leave a Comment

Shanghai-based Greenland Group is planning a RM2.4 billion ($666 million) mixed-use development in Malaysia’s Johor state, adding to a wave of projects by Chinese real estate developers in the area bordering Singapore.

The state-owned property firm’s 128-acre (52 hectare) Tebrau Bay Waterfront… Read More>>

China New Housing Sales Down by 7.8 Percent in 2014 as Buyers Stay Home

2015/01/21 by Michael Cole Leave a Comment

China’s new housing sales fell in value by 7.8 percent in 2014 driven by a decrease in sales and rising inventories of unsold homes.

According to a report released this week by China’s National Bureau of Statistics, sales of new… Read More>>

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