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Evergrande Xu Jiayin

Evergrande China’s 2016 Sales King as Top Developers Boost Performance by 82%

2017/01/10 by Michael Cole Leave a Comment

Thanks to a year of super-charged real estate sales, Evergrande Group unseated 2015 champion China Vanke to become the mainland’s largest property developer by sales for 2016.

The shift in the top ranks of China’s homebuilders came as the three… Read More>>

Xu Jiayin

Evergrande Seeking $34B Backdoor Listing and More Asia Real Estate Headlines

2016/11/08 by Cheyenne Hollis Leave a Comment

Wednesday is here and today’s headlines are all about the money. More details have emerged about Evergrande’s $33.9 billion backdoor listing on the Shenzhen Stock Exchange while China Cinda has become the largest shareholder in Modern Land, a mainland developer… Read More>>

Singapore construction

Singapore Home Prices Drop by Most in Over 7 Years and More Asia Real Estate Headlines

2016/10/04 by Michael Cole Leave a Comment

Investors betting that the Singapore housing market had hit bottom got a rude surprise in today’s headlines, as home prices dropped by 1.5 percent in September from August. Also in the news, mainland authorities have singled out Evergrande and China… Read More>>

Pan Darong Evergrande

Evergrande Appoints New CFO to Manage Growing Debt Pile

2016/09/12 by Michael Cole Leave a Comment

China’s most highly leveraged developer has a new custodian for its growing stack of financial obligations, as Evergrande Real Estate moved out its former CFO in favor of understudy Pan Darong.

Pan took on the role of chief financial officer… Read More>>

DLF India

Blackstone, GIC Among Likely Bidders for $1.8B India Deal and More Asia Real Estate Headlines

2016/09/06 by Michael Cole Leave a Comment

Some of the world’s biggest real estate investors may be competing for a rare chance for a $1.8 billion stake in one of India biggest property developers, while back in China the government is setting out new rules for foreign… Read More>>

wang-jianlin

Wanda Expects Culture Revenues to Rise 30% in 2016 and More Asia Real Estate Headlines

2016/08/27 by Michael Cole Leave a Comment

China’s richest man has high hopes for his company’s investments in cinema, sports and theme parks, with Wang Jianlin predicting that revenues from Dalian Wanda’s cultural division will rise 30 percent this year. One of Canada’s biggest investors, however, is… Read More>>

Sheng Laiyun NBS

China Declares End to Home Price Inflation and More Asia Real Estate Headlines

2016/08/13 by Michael Cole Leave a Comment

The latest mainland economic data has been released and the figures seem to show an end to China’s property recovery and raise questions about how some areas of the country will cope with lingering oversupply. Also in the news, Evergrande… Read More>>

Evergrande Xu Jiayin

Evergrande Invests $1.5B to Buy 5% of China Vanke and More Asia Real Estate Headlines

2016/08/08 by Michael Cole Leave a Comment

The battle for control of China’s largest property developer continues to stay in the headlines this month now that Evergrande has bought up a 5 percent stake in China Vanke. And there’s some good news for many home-builders as ratings… Read More>>

CIC Melbourne

CIC Said Buying A$500M Stake in Mirvac Melbourne Project and More Asia Real Estate Headlines

2016/08/06 by Michael Cole Leave a Comment

Asia’s real estate players opted not to take a break, even on an August weekend, with China’s sovereign wealth fund said to be closing in on an A$500 million investment into a Melbourne project, while a certain US presidential candidate’s… Read More>>

Fosun chairman Guo Guangchang

Fosun Said Bidding to Take Over AC Milan and More Asia Real Estate Headlines

2016/08/05 by Michael Cole Leave a Comment

Guo Guangchang’s Fosun, one of China’s biggest property investors, is expanding its portfolio into sports teams, as the Shanghai-based firm is said to be seeking to acquire AC Milan, after buying the UK’s Wolverhampton football team last month. Also in… Read More>>

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