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>>
GIC Could Spend $2B on US Trailer Parks and More Asia Real Estate Headlines
Singapore’s sovereign wealth fund homes to find buried treasure in America’s trailer parks, while China’s SWF plucks a new chief from the Shanghai government. Meanwhile, Greentown has a Hong Kong IPO for you, and much more if you just read… Read More>>
Which China Developer Will Be the Next to Issue Shares?
Chinese developers have taken advantage of this year’s stock rally to launch more than $1.76 billion in share sales over the last week, providing a few lucky listed companies with powerful boosts to their beleaguered balance sheets.
The share offerings… Read More>>
Kaisa Saved From Default by Sunac Buyout
China’s Kaisa Group may have been saved from default today when Sunac chairman Sun Hongbin announced that his company would be acquiring a 49.3 percent stake in the troubled real estate developer.
Sun said in an interview at Kaisa’s headquarters… Read More>>
Smaller Developers Suffer as Real Estate Margins Squeezed in 2014
China’s real estate industry is continuing to grow but that doesn’t mean all of the players are winning, according to data released this month.
Reports by two separate agencies show that an eight month slide in real estate prices is… Read More>>
Sunac Merger Collapses as Song Weiping Returns to Greentown
The biggest merger of China’s largest real estate downturn has evaporated – apparently over entrepreneurial pride, as Sunac’s acquisition of a controlling stake in Greentown has been cancelled.
After rumours had circulated in recent weeks that Greentown China Chairman Song… Read More>>
Greentown Sale to Sunac May Be Cancelled After Regulatory Delay
The biggest property developer to change hands during China’s real estate downturn may not be sold after all, following difficulties getting the share sale approved by the Hong Kong Stock Exchange.
Tycoon Song Weiping, along with this family and close… Read More>>
Customers Trash Greentown Qingdao Office After 35% Off Promotion
While many of China’s potential homebuyers are waiting for deeper discounts before jumping into the market, the risks of slashing prices became evident recently when disgruntled customers stormed a sales office in the eastern China city of Qingdao earlier this… Read More>>
Vanke CEO Expects 75K Real Estate Firms to Vanish by 2029
The golden age of China’s real estate market is over, according to the top of executive of China Vanke, but the industry should do just fine as it enters its “silver age.”
Yu Liang, the CEO of China’s biggest real… Read More>>
Greentown Chief Blames Govt as He Sells Stake in Developer
The chairman of a Hangzhou-based real estate developer blamed “stupid officials” for the hard times that have forced him to sell out his controlling stake in Greentown China to Sunac Holdings, in a transaction valued at HK$6.3 billion (US$813 million).
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 7
- Next Page »