Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US investment bank is seizing shares in a scandal-hit coffee chain after the company’s chairman defaulted on a $518 million loan.
In… Read More>>
Singapore Condo Sales Fall 53% in December and More Asia Real Estate Headlines
Sunny Singapore leads the real estate news in Asia today as the city-state’s gradual housing slide hit a steeper slope in December, according to fresh government figures. Blackstone also returns to the headlines today with news that the US real… Read More>>
COLI Affiliate Buys Pair of Guangzhou Resi Sites and More China Land Sale News
Editor’s note: This article provides a review of local media coverage of recent land purchases by developers in mainland China, along with related research and statistics, with the goal of providing observers and analysts with insights into changes in developer… Read More>>
WeWork Teams with Gemdale for Shenzhen Project and Adds New China Partner
China state-owned Gemdale Properties and Investment has handed over one of its own co-working facilities to WeWork for conversion into a new centre for the co-working giant, as the two companies enter a revenue sharing agreement, according to a statement… Read More>>
Beijing Capital-Gemdale JV Buys 2 of 3 Sites at RMB 9.81B Land Sale
Beijing’s city government took in RMB 9.81 billion on the last day of October by selling a trio of land parcels, including two sites in the capital’s coveted Chaoyang district, according to an announcement from the State Information Center.
The three… Read More>>
Gemdale Sells San Francisco Office Prize to Heitman for $73M
Another Chinese developer is selling off an overseas real estate project, but unlike its compatriots at Wanda, Greenland and HNA, state-owned Gemdale Properties and Investment is disposing of its grade A office project in San Francisco after completing and fully… Read More>>
Asia Real Estate People in the News 2018-07-09
A set of board level changes lead this week’s look at who’s changing places in Asia’s real estate world, as an Anbang executive appears to be exiting a roles as some of the mainland’s leading corporates, and Korea’s biggest pension… Read More>>
HNA Says It Will Sell $16B in Assets Before July and More Asia Real Estate Headlines
It’s traditional to get rid of things you don’t need and to pay off debts before Chinese New Year, and China’s HNA Group appears to be honoring this heritage with the revelation of a planned sale of $16 billion in… Read More>>
Gemdale, Lincoln Put SF Office JV on the Block for Record Price
Chinese developers from Greenland to Wanda may be choking on their overseas property projects, but Shenzhen-based rival Gemdale could be in line for a big payday as it puts a newly completed, fully-leased San Francisco office building on the market.
Gemdale Chooses Toll Brothers’ $500M Manhattan Condo Project for Latest US JV
Chinese real estate developer Gemdale Properties & Investment has set up its fifth US real estate joint venture in just over 13 months, and its second major project in Manhattan, according to an announcement yesterday to the Hong Kong stock… Read More>>
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