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Huang Qisen Tahoe Group

Vanke’s RMB 2.4B Buy of Tahoe Stake Blocked as Shares Frozen

2020/08/06 by Skye Li Leave a Comment

China Vanke, the mainland’s biggest property firm by market value, last week appeared set to buy 19.9 percent of embattled villa developer Tahoe Group for RMB 2.4 billion ($343 million), however, that plan now appears in doubt.

The stake sale,… Read More>>

zhong-sheng-jian yanlord

Yanlord, GIC Launch RMB 7B China Residential JV as Market Rebounds

2020/08/05 by Jonathan Burgos Leave a Comment

SGX-listed Yanlord Land Group Limited said Tuesday it has partnered with Singapore’s sovereign wealth fund GIC to jointly develop integrated commercial and residential property projects in high-growth cities across China amid signs the mainland residential market is gradually recovering from… Read More>>

Forklift Worker thumbnail

Mingtiandi MTD TV Series Reached 5,700 Viewers, 62% Director-Level or Above

2020/08/05 by Mingtiandi Team Leave a Comment

Mingtiandi concluded its APAC logistics series one week ago, with the inaugural MTD TV video series pulling in more than 5,700 viewers between the live and recorded versions.

The three-part series on logistics real estate investment, which led off with… Read More>>

Ben Keswick Hongkong Land

Mandarin Oriental Hotels Reports $435.5M Loss for 2020 1H

2020/08/04 by Jonathan Burgos Leave a Comment

The Mandarin Oriental Hotel Group said late last week that its net loss in the first half of 2020 widened to $435.5 million from $7.1 million over the same period one year ago, as the COVID-19 pandemic shuttered its hotels… Read More>>

Zhou Xin E-House

Alibaba Invests HK$1.86B in E-House to Launch Online Real Estate Platform

2020/08/03 by Diana Li Leave a Comment

Internet giant Alibaba is making its latest attempt to port its e-commerce dominance into China’s real estate market as the Hangzhou-based firm ups its stake in one of the mainland’s largest real estate agencies.

E-House (China) Enterprise Holdings Limited (02048.HK),… Read More>>

Proptech forum

Has COVID-19 Accelerated Tech Adoption? Take Mingtiandi’s Proptech Survey

2020/08/03 by Mingtiandi Team Leave a Comment

With the coronavirus pandemic creating obstacles to traditional ways of doing business, and market gyrations amplifying demand for data, real estate investors and developers across Asia are taking a closer look at tech systems in 2020.

To find out how… Read More>>

ESR_Josh Daitch

ESR Names New Capital Chief in Management Reshuffle

2020/08/03 by Elizabeth Utley Leave a Comment

Logistics real estate platform ESR’s Charles de Portes will step down as group president in January 2021 to pursue philanthropic interests, one of several management changes announced late last week by the Warburg Pincus-backed firm.

Now 50, De Portes co-founded… Read More>>

wang jianlin

Dalian Wanda Sells Chicago Project for $270M to Close Out Global Portfolio 

2020/08/02 by Skye Li Leave a Comment

Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for $270 million, closing out the last of an overseas property portfolio that once included projects in the US,… Read More>>

beike-zuo-hui

SoftBank-Backed Beike Aims for $1B NYSE IPO

2020/08/02 by Diana Li Leave a Comment

China’s largest property listings website, Beike, is attempting a $1 billion IPO on the New York Stock Exchange despite signs that stock markets are becoming part of growing tensions between the US and mainland China.

On July 24, KE Holdings… Read More>>

john witt hongkong land

HongKong Land Profit Drops 24% as Retail Properties Suffer

2020/07/31 by Skye Li 1 Comment

Hongkong Land, the biggest landlord in Hong Kong’s Central district, saw its underlying profit drop 24 percent in the first half of this year as retail rent relief, lower shop turnover and slower residential completions dented revenue.

In announcing its… Read More>>

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