JLL announced today that Christian Ulbrich, who has been the property consultancy’s president since June, will also assume the position of Chief Executive Officer effective October 1, 2016. Ulbrich succeeds Colin Dyer, who will retire from JLL at the end… Read More>>
Knight Frank Appoints Bunny Wang Head of Intl Capital Markets and Project Marketing for China
The flood of Chinese capital into foreign real estate markets is claiming more of the attention of international property brokerages, and UK-based Knight Frank made its own bid to capture a bigger slice of mainland cash today by announcing Bunny… Read More>>
Carlyle Keeps Focus on China Logistics After $460M July IPO
Carlyle Group’s head of real estate for Asia says the US private equity giant plans to keep looking for opportunities in China’s logistics sector, following the successful July IPO of China Logistics Property Holdings.
The Shanghai-based warehouse developer raised nearly… Read More>>
E-Shang Redwood Wins LEED Gold for Kunshan Warehouse
Regional warehouse developer e-Shang Redwood (ESR) has won LEED Gold certification for its Redwood Kunshan Distribution Centre 1 in Kunshan, Jiangsu province, a burgeoning logistics hub just west of Shanghai.
The 61,851 square metre, two-storey facility won the high level… Read More>>
Country Garden Expects $3 Bil in 2016 Sales From Malaysian Megaproject
One of China’s biggest builders is counting on a surge of sales from a $121 billion project it is building on a set of reclaimed islands between Malaysia and Singapore to bring in more than $3 billion in new sales… Read More>>
Country Garden Buys 2nd Sydney Site for $35 Mil
Chinese residential developer Country Garden has acquired a second residential site in Sydney after a three-year hiatus.
After several false starts, and a change of general manager in its Australian operations, the company has now secured a site amalgamated from 10… Read More>>
Joy City Sells Stake in 6 Mainland Projects to GIC and China Life for $1.4B
Mainland commercial developer Joy City has agreed to sell a 49 percent stake in six mixed-use projects in China to an investment fund to be controlled by Singapore’s GIC and mainland insurer China Life for RMB 9.29 billion ($1.4 billion).
CapitaLand REIT Buys Chengdu Mall From BlackRock for $226M
A real estate investment trust managed by Singapore’s top developer will acquire a shopping mall in Chengdu from BlackRock for RMB 1.5 billion ($226 million), at a time when China’s retail property sector is struggling in the face of oversupply… Read More>>
SOHO China Plans to Sell 3 More Shanghai Properties
A buy-and-hold strategy may be changing over to a buy-and-sell business model for one of the mainland’s best known property developers, after SOHO China chairman Pan Shiyi revealed this week that the company would sell three more of its Shanghai… Read More>>
Paul McGarry Named Asia Head as Goodman Reworks Regional Management
Australian industrial developer Goodman Group has appointed Paul McGarry as head of its Asia operations, as the company restructures its management following the departure of long-time Greater China head Philip Pearce last month.
In the newly created top role for… Read More>>
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