Singles’ Day is in the books and while this year’s online shopping event brought in $17.8 billion in sales, some firms still prefer retail to be a brick and mortar affair. CapitaLand is among the most bullish on the country’s… Read More>>
Wanda Announces 2nd $15B Plan in 1 Week as Xi’an Theme Park to Follow Changsha
Ever wanted to know how many bumper cars, rigged midway games, oversized spinning tea cups and people dressed up as cartoon animals could be bought with $47 billion? Well, Dalian Wanda chairman Wang Jianlin will soon have the answer after… Read More>>
COLI Chairman Hao Jianmin Out as CITIC Merger Hangs in the Balance
China Overseas Land & Investment, the property arm of China State Construction Engineering Corporation, was dealt a blow when CEO Hao Jianmin abruptly resigned earlier this week. The state-owned firm appointed longtime CSCEC employee Xiao Xiao as its new CEO… Read More>>
WeWork Founders Splash Down in Shanghai to Open China Flagship Centre
Shanghai’s fast-growing co-working scene got a touch of celebrity today when WeWork founders Adam Neumann and Miguel McKelvey visited the city to officially launch the office-sharing company’s China flagship location.
The co-founders of the $16 billion startup presided over a… Read More>>
Wanda’s $1.1B London Project Delayed Again As Second Builder Bails
When Dalian Wanda acquired the $1.1 billion One Nine Elms project from the UK’s Green Property in 2013, it was supposed to be a launchpad for Wang Jianlin’s international ambitions. Unfortunately the London luxury real estate complex has been more… Read More>>
Hong Kong’s Classiest Fugitive Tycoon Buys Full Page Ad About Dumping His Girlfriend
Announcing a break up is hard to do. Some people privately tell their friends while others take to social media to update everyone on their relationship status. Of course, when you’re a fugitive Hong Kong property tycoon like Chinese Estates… Read More>>
China’s Le Eco Big on Ideas, But Now Short on Cash After $250M US Real Estate Deal
When Chinese tech firm LeEco paid Yahoo $250 million for a California site this June, it looked like another mainland giant that had limitless cash and all the answers.
However, after the co-founder of the company referred to as the… Read More>>
Asia’s Hottest Real Estate Market? It’s India
What do Blackstone, Dalian Wanda, Brookfield and Fosun International all have in common? They are among the big name players who have invested billions of dollars into India’s real estate market. And it looks as if they are not the… Read More>>
They Love LA – Wealthy Chinese Pick Los Angeles as Top Destination
America’s new president may talk about slamming the door on immigrants, but for Chinese millionaires the US is still their top choice and sunny LA has most-favoured city status, according to a recent survey.
Los Angeles ranked as the top… Read More>>
Czech It Out: China Heads Further into Europe With $312M Prague Deal
New York was too hot, London might be getting too cold, but it seems Prague was just right for the latest Chinese conglomerate looking for cross-border real estate investments.
Privately held CEFC China Energy last week acquired the Florentinum office… Read More>>
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