One of China’s biggest state-owned lenders is backing Moinian Group’s Manhattan luxury hotel project, and China’s property market shows mixed results in the latest batch of government data, with housing sales climbing but developers still holding off on investment. Read… Read More>>
2 Chinese Property Developers Tied to Outsized Aussie Political Donations
China’s investments in Australia’s property market have often been hailed by politicians as a source of economic growth for the country, but reports this month indicate that the activities of at least two mainland developers may also have had direct… Read More>>
R&F Pays 3X Price for Aussie Site Dumped By Local Developer Over Contamination
Guangzhou R&F, already one of China’s most prolific cross-border real estate investors has made a bold gamble in the Australian property market by paying a local developer triple the price that it had paid two years earlier for a site… Read More>>
Wanda, R&F Seek Shanghai Listings as China Re-Opens IPO Gates
Developers Dalian Wanda and Guangzhou R&F Properties could be among the first batch of companies to list on mainland exchanges as China’s government prepares to re-open new stock market listings following this summer’s crash.
The domestic stock market listings could… Read More>>
R&F Launches 600-Condo Brisbane Project and More China Real Estate Headlines 2015-11-17
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
R&F Properties Launches 600-Condo Brisbane Project
Brisbane City Council has approved a new luxury 30-storey apartment complex in South Brisbane called… Read More>>
Country Garden Restarts Work on Scaled Back $121B Malaysian Project
Chinese developer Country Garden is restarting work on a scaled back version of a residential real estate project in southern Malaysia’s Johor state after complaints from local citizens and the Singapore government.
Country Garden’s Forest City development was originally planned… Read More>>
Guangzhou R&F Acquires 4th US Project in 15th Overseas Deal
Earlier this month Guangzhou R&F acquired its fourth project in California, and made its fifteenth overseas deal as the Guangdong-based player transforms itself into one of the most aggressive global investors among China’s real estate developers.
During the first week… Read More>>
Chinese Pour $1.23B into Sydney Real Estate in Last 2 Months – More on the Way
China’s outbound investment wave continued to flow into Sydney as buyers from the mainland and Hong Kong acquired more than $1.23 billion worth of major assets during the last two months of 2014.
Most of the investors were major mainland… Read More>>
Chinese Entrepreneur Buys Nicklaus-Designed Golf Course in Silicon Valley
Chinese investors have bought a number of high profile overseas assets in recent years, including dropping $500 million for a yacht maker, and buying the Chase Manhattan building in New York for $725 million. Now one Beijing-based entrepreneur has bought… Read More>>
Moody’s Downgrades 3 China Developers in Real Estate Downturn
The combined pressures of higher debt and slowing sales for China’s real estate developers led a major ratings agency to downgrade the credit prospects of Fantasia Holdings, Guangzhou R&F, and Greentown China during the last month.
Moody’s Investor Services downgraded… Read More>>