A joint venture between Greenland Group and the Shanghai government has agreed to sell one of the commercial towers in its RMB 100 billion ($14 billion) Greenland Bund Centre to Bank of Shanghai, just five months after Haitong Securities purchased… Read More>>
China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of slower growth.
The Shenzhen-based company chaired by mainland billionaire Xu Jiayin… Read More>>
A survey shows that while Hong Kong’s leadership may have lost the plot regarding what makes a great financial centre, they continue their mastery of creating a housing shortage as the city ranks as the world’s least affordable place to… Read More>>
Luxury hotels lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that an Indian hospitality group has filed paperwork for a $139 million initial public offering.
In other news around the region, a Mumbai-based… Read More>>
Haitong Securities has agreed to buy a trio of office buildings worth a combined RMB 7.5 billion ($1 billion) in a Greenland Group project on Shanghai’s Bund, according to announcements last week by units of the mainland investment bank.
The… Read More>>
State-backed Greenland Group said it has taken full ownership of a suburban Shanghai shopping centre after paying RMB 2.35 billion ($33 million) to buy out its partner in the project.
Greenland Group acquired the 50 percent stake in that it… Read More>>
The country of love leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore-listed real estate investment trust has finalised the acquisition of three offices in France for €80 million, part of… Read More>>
Just three months after buying a 50 percent stake in a site in Shanghai’s Huangpu district from financially troubled China Minsheng Investment Group, state-backed Greenland Group has unveiled plans for a relaunch of what it says is a RMB 100… Read More>>
Stories from Bangalore to Brooklyn their way into Asia’s real estate world today – with a brief stop over in the Bay Area (just the standard Bay Area, without any proclamations of Great-ness).
In Bangalore, Blackstone-backed Embassy Office Parks is… Read More>>
Canada’s Brookfield Asset Management has agreed to purchase a commercial property project in Shanghai’s South Bund area from Greenland Hong Kong at a valuation of RMB 10.57 billion, according to a stock exchange filing today by the Shanghai-based developer.
The… Read More>>