Wanda chairman Wang Jianlin is right where he likes to be, in the headlines. He revealed Dalian Wanda will spend $16 billion in Hunan province building malls, theme parks and various other things. Also of note, homebuyers are bailing on… Read More>>
Ping An Loan Could Be Backing Sunac Share Sale And More Asia Real Estate Headlines
This week’s news starts off with mainland developers finding creative paths to funding to deal with a government clampdown. Also making headlines on Monday, CK Property is offering discounts to attract buyers put off by Hong Kong’s new stamp duty… Read More>>
CapitaLand Profits Rise 28% Thanks To China Earnings And More Asia Real Estate Headlines
With the US presidential election still dominating the headlines, Asia’s real estate markets were a bit neglected this week, but that didn’t stop Singapore’s biggest developer from posting news of a 28 percent rise in profits, thanks to a boost… Read More>>
Why Trump, Clinton and Wang Jianlin All Love US Investor Visa Scheme
What do presidential candidates Donald Trump, Hillary Clinton and China’s richest man all have in common? They all have an interest in America’s EB-5 investor visa program.
Trump has lent his name and his marketing appeal to a new Texas… Read More>>
Singapore’s GIC Invests $720 Mil in Indonesian Warehouses And More Asia Real Estate Headlines
Monday’s news features GIC spending $720 million on Warehouses in Indonesia, China busting $148 billion in underground banking operations as part of its ongoing battle to keep cash within its borders, new levels of tiny for Hong Kong apartments and… Read More>>
Wang Jianlin Offers 40% Rebate To Bring Filmmakers To $8.2B Qingdao Movie Studio
China’s richest man has a shiny, new $8.2 billion movie studio in Qingdao and hopes to lure big name filmmakers to use it by offering them a 40 percent production rebate. For Wang Jianlin, the goal is to transform his… Read More>>
Li Ka-shing Feeling Brexit Blues And More Asia Real Estate Headlines
In the news today, Hong Kong’s Superman is weakened by kryptonite in its Brexit-form as shares in his affiliates continue to trend downward. Meanwhile Korea’s Lotte Department Store is teaming with Citic Group to enter the Shanghai retail sector and… Read More>>
Wanda Repackages Flailing O2O Platform into New Online Division
Dalian Wanda Group is still licking its wounds after Tencent and Baidu walked away from the trio’s $3 billion ffan.com ecommerce joint venture in August. However, the conglomerate controlled by China’s richest man may not be quite ready to fold… Read More>>
Housing Restrictions Fail to Break China Housing Fever and More Asia Real Estate Headlines
At least 21 cities have now instituted home purchase restrictions across China, but the demand suppression measures have yet to overcome the effect of months of loose monetary policy and rising public sentiment toward real estate purchases. In related headlines,… Read More>>
Wanda Sacks Executive Whose Bribe May Have Helped Build Mall Empire
When it emerged a few weeks back that Dalian Wanda was considering to buy Dick Clark Productions for $1 billion, it seemed like an odd arrangement. One is a Chinese mall developer founded by a former Army officer while the… Read More>>
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