Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Barclays Points to Risks in China’s Slowing Real Estate Sector
The plunge in Chinese equities has grabbed all the attention in… Read More>>
Building One New Mall a Year is Easy if You’re Real Estate’s Brad Pitt
Every city where Ronnie Chan’s Hang Lung Properties opens a new mall, there are at least 15-25 other shopping centres being built, according to his own estimates. But the chairman of the Hong Kong-listed developer of Shanghai’s Plaza 66 and… Read More>>
China Real Estate People in the News 2014-10-20
This week China’s community of real estate professionals sees a major logistics player building up its team, a Chinese private equity giant recruiting new blood from the international property agencies, and more new opportunities for executives in Shanghai, Hong Kong… Read More>>
Hang Lung’s Ronnie Chan Gives $20M to USC
Hang Lung Group chairman Ronnie Chan has followed up on his brother’s record breaking gift to Harvard by arranging his own $20 million donation to the University of Southern California.
According to a report on the university’s website, Chan, who… Read More>>
Hang Lung’s Gerald Chan to Give $350M to Harvard
Gerald Chan of Hong Kong’s Hang Lung Properties became the biggest donor ever to Harvard University on Monday, when the Massachusetts-based institution announced that Chan would be making a $350 million gift to the university’s school of public health.
The… Read More>>
China Developer Reports 31% Profit Drop as Small Companies Struggle
China Overseas Grand Ocean Group, one of China’s smaller listed developers, reported a 31 percent drop in net profit during the first half of 2014, and the company’s performance seems to confirm the diverging fortunes of the haves and the… Read More>>
Shanghai’s Top Ten Shopping Destinations Revealed
Shopping at some of Shanghai’s largest malls increased 5.7 percent during June, as an industry survey ranked the city’s top ten shopping centres and department stores for the month.
The report also showed that some new shopping centres, such as… Read More>>
Wuxi Apple Store Set to Be 12th in China
Apple plans to open its 12th Apple Store in mainland China early next month, in Jiangu’s province’s Wuxi. This latest expansion of the US device maker’s retail network comes as other luxury brands have slowed the opening of new stores… Read More>>
Bankruptcy is Good and Only Buy in Bear Markets Hang Lung Chief Says
Bankruptcy and bear markets are on the way for China’s property sector in 2014 and Hang Lung Properties Chairman Ronnie Chan couldn’t be happier.
I had a chance to speak with Chan when he appeared at a Real Estate Investment… Read More>>
Developer of 530k Sqm Mall Shelves IPO for $740M in Debt
The mall developer controlled by the Philippines’ richest man has announced that it is raising $740 million in debt financing to expand its retail projects in China and its home country, as the company appears to be backing away from… Read More>>
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