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>>
Blackstone India REIT to Raise $523M in Bonds and More Asia Real Estate Headlines
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>>
Brookfield Buys Shanghai Complex From Greenland for RMB 10.6B
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>>
Greenland Hotels Signs Pair of Deals to Manage Thai Hospitality Projects
The hotel and tourism unit of Shanghai Greenland Group, one of China’s largest real estate developers, announced on March 6th that it has struck new partnerships with three Southeast Asian developers to accelerate the global expansion of its hotel management… Read More>>
HK Developer Chinese Estates Sold Only 1 Home in 2018 and More Asia Real Estate Headlines
Developers from around the region are announcing 2018 results that range from good to bad this month, but few developers had it as tought as a major Hong Kong player which only sold one home last year, earning this story… Read More>>
32% Growth Helps Country Garden Lead China’s Top 10 Developers for 2018
Country Garden Holdings was China’s top developer in 2018, as measured by sales contracts, maintaining its hold on the top spot for the second consecutive year in a year marked by consolidation among mainland developers.
The Guangdong-based builder chaired by… Read More>>
Greenland, Oceanwide and Hazens Named in FBI Probe of LA Real Estate Deals
Four of the biggest Chinese investors in Los Angeles real estate have been named in an FBI investigation of possible bribery, kickbacks, extortion, and money laundering related to property deals in southern California’s largest city, according to a document seen… Read More>>
Greenland Group Retreats From Plans for Spire London and More Asia Real Estate News
The unwinding of China’s mega-investors leads the news again today as Shanghai-based Greenland Group pauses to reconsider its quest to build London’s tallest residential tower, and a policy bank controlled by the central government takes control of HNA’s ongoing asset liquidation…. Read More>>
Greenland Sells Off Three Sites in $5B NYC Mega-Project as US Retreat Continues
Shanghai’s Greenland Group has once again downsized its global ambitions by selling down US assets as it sold three development sites at its Pacific Park Brooklyn project to two New York-family owned firms, TF Cornerstone and Brodsky Organization, for… Read More>>
Greenland Group Buys Hangzhou Sites for $224M to Expand Land Bank
The Chinese government’s tighter financing constraints have not slowed down the largest real estate developer controlled by the Shanghai city government, as Greenland Group continued to expand its land bank last week with the acquisition of a pair of land… Read More>>
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