Asia real estate and outbound investment news
While China’s real estate market slump has meant trouble for some investors, many companies continue to see it as an opportunity to shop for deals that might never be available in a bull market.
Tianjin-based developer Sunac is taking advantage of… Read More>>
The earnings season continues to provide plenty of news on China’s listed developers as we find out how much Wang Shi made last year while he was off studying in the US, see profits drop for one of Hong Kong’s… Read More>>
The changing conditions in China’s real estate market seems to have spurred a surge of deals with Fosun making a play in Greece, developers shoring up their finances, and the first international acquisition made through Shanghai’s new free trade zone.
The reporting season for China’s listed developers continued this week, Greentown and Sunac bought more Shanghai land, the HSBC PMI showed further signs of a slowdown, and a new website has shown up to help Chinese rich folks buy homes… Read More>>
CIFI Holdings (Group) Co. Ltd. (HKEX Code: 884), a top 100 real estate developer in China, announced today that the Group has successfully issued its third issue five-year USD bonds with a coupon rate of 8.875%, with an order book of over USD1.1bn from investors in Asia and Europe.
In a statement the company indicated that net proceeds from the bond issue will mainly be used to refinance the Group’s existing debt and for other general corporate purposes.
This week, two more Chinese real estate developers began raising dollar-denominated debt financing as China’s government struggles to restrict lending and deflate a housing price bubble. In an interesting twist, both developers had already received significant investments from Hong Kong… Read More>>
China’s largest property developers have built a war chest of more than US$25 billion in cash through bond sales and loans, in a sign that competition for land – and among China’s property companies – is heating up.
Firms including… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Investors continue to value land in China’s first- and second-tier… Read More>>
The surge of land and project acquisitions in China during the past week raises the question of which of the country’s fearless real estate developers is actually the most aggressive. While this may be a bit like trying to figure… Read More>>
During a week that saw records set for land prices in Shanghai and Beijing, a joint-venture between Sunac Holdings and Greentown China paid RMB 507.4 million to buy a minority stake in a project in Shanghai’s Putuo district.
According to… Read More>>
