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Gary Barnett Extell

Shanghai’s SMI, NY’s Extell Confirm $3B NYC Project

2016/08/13 by Michael Cole Leave a Comment

Shanghai Municipal Investment (SMI), the state-run infrastructure firm best known for developing China’s tallest building, has confirmed a $3 billion joint venture with New York’s Extell Development to build a 95-storey tower on Manhattan’s Billionaire’s Row.

In a joint announcement… Read More>>

Gary Barnett Extell

Shanghai Tower Developer Said to Invest in $2.98B NYC Project

2016/08/07 by Michael Cole Leave a Comment

Shanghai Municipal Investment (SMI), the developer of the 128-storey Shanghai Tower, is said to be partnering with New York’s Extell Development on a $2.98 billion project in Manhattan.

Documents filed in Delaware, and reported by The Real Deal, indicate that… Read More>>

One57

Shenzhen Exchange Questions Vanke Deal and More Greater China Real Estate Headlines

2016/06/23 by Michael Cole Leave a Comment

China’s biggest developer is running into more challenges to its $6.9 billion share sale plan, as the Shenzhen stock exchange is now questioning Vanke’s deal. Over in the US, two New York developers are targetting a combined $250 million in… Read More>>

Guo Guangchang Fosun

Fosun Announces Net Profit Rise of 17% in PR Blitz and More China Real Estate Headlines

2016/04/02 by Michael Cole Leave a Comment

China’s biggest private investment conglomerate put its PR machine into hyperdrive last week as the company worked to reassure markets that it had completely recovered from the detention of its chairman last December. Plus, Dutch pension fund manager APG explains… Read More>>

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The manager of ESR-Logos REIT announced a flurry of people moves on Friday to round out the board of directors and … Read More>>

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Hong Kong-listed developer Kerry Properties waited until the city was transfixed with the arrival of a visitor from the … Read More>>

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A senior appointment by one of China’s crew of defaulting privately-controlled developers leads this week’s roundup of … Read More>>

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