Hong Kong’s Link REIT has completed its RMB 4.1 billion ($589 million) acquisition of the Metropolitan Plaza mall in Guangzhou from funds controlled by Morgan Stanley and Gaw Capital, according to a recent statement by the manager of the real… Read More>>
Benoy’s Parc Central in Guangzhou Wins Gold at ICSC China Awards
Hong Kong Developer Sun Hung Kai only opened its Parc Central shopping centre in Guangzhou last year, but the 83,000 square metre (900,000 square foot) mall has already been recognised at its fourth award event in its young life.
This… Read More>>
Link REIT Buys Guangzhou Mall from Gaw and Morgan Stanley for RMB 4.1B
Asia’s largest real estate investment trust just agreed to acquire its third mainland property, as Link REIT purchased Metropolitan Plaza in Guangzhou from funds controlled by Gaw Capital and Morgan Stanley for RMB 4.1 billion ($589 million), according to a… Read More>>
PwC Takes a Shine to the Pearl River Delta in Chinese City Rankings
China now has more than 100 cities with a population of over one million people, making the process of choosing the best home for a business a major challenge. However, a new report co-authored by PricewaterhouseCoopers makes all this easier,… Read More>>
Colliers Adds Alan Fung to South China Team
Rising property values and a booming regional economy are bringing more attention to southern China’s real estate market, and global property consultancy Colliers International is adding to its team in Guangdong province as the market for commercial space continues to… Read More>>
Yuexiu Property Sells Stake in Guangzhou Project to Ping An for RMB 2.3 Bil
Yuexiu Property yesterday announced that it is selling a minority stake in a project in Guangzhou to a subsidiary of Ping An Real Estate for RMB 2.3 billion ($359 million).
The two government-linked mainland firms have entered into a preliminary… Read More>>
JLL Picks China’s Top 9 Cities for Real Estate Opportunities
Although China’s current real estate slump is driving many investors back to the safe havens offered by China’s biggest metropolitan areas, the best locations for real estate opportunities may be in nine, just slightly smaller cities.
The China60 report issued… Read More>>
Why the New York Times is Wrong About Evergrande’s $16B “Lifeline”
International media from Bloomberg to the New York Times carried headlines today declaring that Evergrande Real Estate, a Guangzhou-based developer noted for its aggressively leveraged balance sheet, had just received 100 billion yuan ($16 billion) in new credit to prop… 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>>
Tencent-Backed China Developer Plans Two New Malls Per Year
While sales may be down at some of China’s luxury retail palaces, a developer of “wholesale malls” backed by one of the country’s biggest Internet companies has big plans for expansion.
Hong Kong-listed China South City Holdings, which builds and… Read More>>