Leading today’s roundup, Guangzhou-based developer R&F Property has started work on the first phase of a large-scale regeneration project in suburban Melbourne that could bring up to 1,450 homes to the market. Also in the news, China has unveiled the… Read More>>
Guangzhou R&F Properties, the white knight which bought out 70 Dalian Wanda hotels when Wang Jianlin’s commercial developer hit the wall financially, is now officially the partner of another embattled Chinese conglomerate. The Guangdong-based developer announced on Friday that it… Read More>>
Dalian Wanda Group is saying goodbye to its partnerships with foreign hotel operators as the Chinese conglomerate continues its quest to build the first globally recognised Chinese premium hotel brand.
While the company has been forced to abandon its attempts… Read More>>
Singapore’s case of collective sales fever continues to grip the Southeast Asian financial hub, as yet another record-breaking housing site headed towards the market, with this one potentially yielding up to 1,500 homes. Also in the news this weekend, Dalian… Read More>>
Leading today’s roundup, one of China’s biggest home builders may be moving way up the risk curve, with a proposed deal for a decrepit steel factory in post-Mugabe Zimbabwe. Also in the news, flailing Chinese energy firm CEFC may get… Read More>>
After disposing of $5.5 billion of overseas real estate and hotel company stakes since the start of 2018, cash-starved HNA Group has now sold eight properties in mainland China worth $1.1 billion so far this month, according to data from… Read More>>
Leading this week’s edition of People in the News, a senior executive responsible for marketing Wanda’s sprawling overseas portfolio has moved to London to take up a parallel role with real estate heavyweight R&F. Another property pro is packing her… Read More>>
Dalian Wanda Group continues to scale back its overseas empire, selling its flagship billion-dollar London project for £59 million ($81.5 million) just under four years after buying the site in south London’s Vauxhall area for £88.8 million.
Two units of the… Read More>>
Another collective sale leads the region’s real estate headlines again today as Asia gets back to work after the western holiday season, with the owners of a housing development hoping to bring in S$355 million to be homeless. Meanwhile, Guangzhou… Read More>>
The top real estate stories in the region are all about home sales today, as a major league mainland developer declares a 56 percent jump in new contracts, and housing prices in Hong Kong hit another record high. Meanwhile in… Read More>>