Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources familiar with the newly-transferred property indicating that the Chinese developer has transferred the Nine Elms Square site to a pair… Read More>>
China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).
The acquisition is the latest twist on a sale of Wanda’s… Read More>>
So where’s Evergrande? At the top of today’s headlines, Guangzhou R&F, Wanda and Sunac appear to have formed an alliance of three of China’s most indebted developers to pull off a $9.3 billion deal announced last week. Looks like China’s… Read More>>
Mainland developer R&F Properties this month appears to have picked up its fifth and sixth US property projects, adding a pair of Silicon Valley sites to the $9.6 billion in new overseas developments it has committed to this year.
Two… Read More>>
Chinese developer Guangzhou R&F Properties is jumping into London with both feet – one in south London’s Croydon and the other in Nine Elms just south of the Thames. In late March, R&F bought its first London site, a 2.2… Read More>>
Guangzhou R&F Properties has jumped into the UK market for the first time by acquiring a 5.5 acre (2.2 hectare) London residential site for £60 million ($74.8 million) from local real estate player Minerva, according to statements from R&F and… Read More>>
Anbang boss Wu Xiaohui just can’t keep himself out of the headlines, but at least today he appears to be trying. The controversial finance wizard’s mainland insurer dominates today’s news as it denies a $400 million deal reported yesterday. Also… Read More>>
Some of Hong Kong’s biggest developers chose Friday to release their 2016 earnings, and those reports of success or failure lead today’s property headlines. Top builder Wheelock is cheerful enough after their results to test out the idea of a… Read More>>
Part of learning about the development industry in western markets appears to involve getting acquainted with the court system – at least for R&F Properties, as the Guangzhou-based developer settles a court case that nearly closed down its biggest project… Read More>>
A subsidiary of China’s Guangzhou R&F Properties went into liquidation this month after the supreme court of the country’s Victoria state ordered the company be wound up, according to a report today in The Australian.
The legal setback for R&F,… Read More>>