US private equity giant KKR has formed a joint venture with Chinese apartment operator Funlive to develop and operate a 3,000-unit multi-family project in the southern suburbs of Beijing as mainland authorities continue to take steps to encourage rental residential… Read More>>
Guorui Buys Beijing Site as China’s Capital Sells Over $1B in Land in a Single Day
In an effort to curb the city’s rising home prices, Beijing wants to increase housing supply – and developers participating in a recent land auction showed their willingness to contribute to the program by snapping up more than a billion… Read More>>