In the news today one of China’s top developers has decided that selling stocks and bonds may be the new path to easy money and has opened its own brokerage. Also in the news, Korea’s Mirae sets up a new… Read More>>
Greenland Launches Western Europe’s Tallest Residential Tower in London
One of China’s biggest cross-border real estate investors is ready to start selling units at its £800million ($1.1 billion) London project and may get a chance to test first-hand whether Brexit has cooled buyer enthusiasm for UK housing.
Shanghai-based Greenland… Read More>>
China Evergrande Profit Tumbles 23% and More China Real Estate Headlines
Aggressive bets by China Evergrande helped the top five developer watch its profits slow by nearly a quarter during the first half of this year, while the Wall Street Journal discovers that Chinese developers have discovered America. Meanwhile, Chinese banks… Read More>>
Wang Jianlin Shares Lessons on How to Be a Tycoon and More Asia Real Estate Headlines
Wang Jianlin’s life advice on how to become a billionaire have gone viral on Chinese social media this week, while more mainlanders get creative in finding ways to borrow more money to buy homes, and there are many more stories… Read More>>
Greenland, Ping An Lead Four Chinese Investors in Acquisition of $1B Bay Area Project
Shanghai-listed Greenland Group is leading a group of four Chinese investors, including a unit of insurance giant Ping An, in acquiring a 42-acre waterfront site in South San Francisco, California to build a $1 billion life sciences complex.
Already one… Read More>>
Greenland Predicts No Problems for Chinese Buyers in Sydney Despite Default Worries
Chinese developer Greenland has commenced settlements of their first completed apartment project in Australia, the 211-unit Lucent in North Sydney, amid concerns Chinese apartment buyers would start defaulting on payments.
Informal controls on outbound capital in China… Read More>>
Greenland Group Leads China’s Fortune 500 Real Estate Developers
China’s property market has been on the upswing in the last year, and the rise in real estate prices has helped four of the country’s top developers land in the Fortune Global 500 list of the world’s biggest companies, with… Read More>>
Greenland Runs Afoul of the Law Over Contaminated Sydney Site
An apartment block being built by Greenland Group in Sydney has hit a speedbump after the the New South Wales Environment Protection Authority ordered the Shanghai-based developer to clean up the contaminated development site before pursuing the… Read More>>
Fosun NYC Project Blocked by Local Regulators and More Asia Real Estate Headlines
A joint venture real estate project in Manhattan led by China’s Fosun and local builder JD Carlisle has been stopped after unsuccessfully attempting to exploit a zoning loophole. Meanwhile, back on the mainland, both Greenland Group and Greentown Holdings continue… Read More>>
China’s Greenland Group Plans 1500 New Homes in North Hollywood
Shanghai’s Greenland Group, China’s second-largest real estate developer by sales, is part of a team that has won first-round approval for developing a mixed-use project that could involve building as much as 232,000 square metres (2.5 million square feet) of… Read More>>
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