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Haoyuan Hengye customers

Angry Customers Occupy Office of Defaulting Beijing Rental Housing Operator

2018/11/13 by Emma Zhou Leave a Comment

Angry tenants and landlords occupied the Beijing office of Haoyuan Hengye Long Term Rental Apartment late last month to mount their own extra-legal detention of the housing company’s management.

The move against the rental housing operator was related to allegations… Read More>>

louise kavanagh Th real estate

TH Real Estate Launches $2B Asia Pacific Cities Fund

2018/11/11 by Jan Kot Leave a Comment

Global property investment manager TH Real Estate announced on Thursday that it has launched a $2 billion open-end core property fund focused on key cities in the Asia Pacific region. The manager’s parent company, Teachers Insurance and Annuity Association of… Read More>>

Xi Jinping

China’s MOHURD Rolls Out Social Credit System for the Real Estate Industry

2018/11/11 by Emma Zhou Leave a Comment

To follow through on President Xi Jinping’s vow of “homes are for living, not for flipping”, China’s primary real estate regulator on Thursday announced penalties for companies which mislead customers and cheat on regulations designed to promote transparency in the… Read More>>

wang jianlin wanda

Wanda Takes on RMB 30B Tourism Project in Lanzhou

2018/11/11 by Emma Zhou Leave a Comment

After selling 13 Wanda tourism cities to Sunac China less than two weeks ago, mainland real estate tycoon Wang Jianlin’s Dalian Wanda Group has agreed to build a new Wanda tourism city in the northwestern China city of Lanzhou.

The… Read More>>

Sing Cheong Liu Grosvenor

Grosvenor Appoints Sing Cheong Liu as APAC Chairman, Replacing Keith Kerr

2018/11/09 by Michael Cole Leave a Comment

Grosvenor Group today announced the appointment of Sing Cheong Liu as non-executive chairman of the UK-based developer’s Asia Pacific board, replacing Keith Kerr.

62-year-old Liu, a veteran chartered surveyor who also served as the founding chairman of the Royal Institute… Read More>>

Chen Feng HNA

HNA Selling Guangzhou Project to Vanke for RMB 1.6B

2018/11/08 by Emma Zhou Leave a Comment

Financially troubled mainland conglomerate HNA continued its ongoing series of property disposals on Wednesday as it announced an agreement to sell its Central Hotel Square project in Guangzhou to China Vanke for approximately RMB 1.035 billion ($150 million) in cash,… Read More>>

Canali Wheelock House

Mainland Bank Leases Storefront in Central’s Wheelock House at 55% Discount

2018/11/08 by Emma Zhou Leave a Comment

China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand its footprint in the city’s Central district at a rent less than half of what an earlier tenant paid for… Read More>>

Tricia Song Colliers

Hong Kong Office Rents Set to Slide as SG Market Keeps Climbing

2018/11/08 by Jan Kot Leave a Comment

Rents in the world’s costliest office market, Hong Kong, may fall for the first time in four years during 2019, as a tanking stock market, rising interest rates and the US-China trade war weigh on sentiment in the financial hub,… Read More>>

Li Sze-lim Guangzhou R&F

Guangzhou R&F Properties Plans $1.4B Share Sale After Bond Funding Shut Down

2018/11/07 by Jan Kot Leave a Comment

Top 20 mainland Chinese developer R&F Properties has asked shareholders to approve a HK$10.7 billion ($1.4 billion) sale of Hong Kong-listed shares, in its first equity fundraising effort since 2006.

The planned issue of H-shares comes two months after the… Read More>>

Lee Shau-kee Henderson

Henderson, New World, Wheelock and Empire Win Kai Tak Site for HK$8.33B

2018/11/07 by Michael Cole Leave a Comment

A four company consortium featuring some of Hong Kong’s biggest developers was announced as the winner of a government tender for a residential site in the city’s Kai Tak area today, picking up the prime plot at what could be… Read More>>

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