A pair of mainland developers — cash-strapped China Oceanwide Holdings and distressed-asset enthusiast Sunac China Holdings — have seen their interests converge once again, with Sunac agreeing to buy two of Oceanwide’s Hangzhou properties for RMB 2.2 billion ($340 million),… Read More>>
China’s housing market is headed into the busy season, and one of the country’s top developers has taken steps this month to make sales a bit more active by cutting nearly a third off the prices of its properties… Read More>>
Lower home prices in Hong Kong seem to have rekindled buyer demand as figures showing a 92 percent increase in housing sales lead today’s collection of real estate headlines from around the region.
Despite the rebound in… Read More>>
Gaw Capital Partners is cozying up to Alibaba for its latest mainland China property acquisition as the private equity firm led by Goodwin Gaw takes aim at the country’s rising tech and e-commerce industries.
The Hong Kong-based investment manager, which… Read More>>
Hong Kong-based developer Hang Lung Properties has teamed up with New York-based architecture firm Kohn Pedersen Fox (KPF) Associates to begin construction on Westlake 66, a 194,100 square metre commercial development in Hangzhou’s Xiacheng district.
The project, which broke ground… Read More>>
A joint venture between Sun Hung Kai Properties and Ping An Insurance has won a land parcel in Hangzhou for RMB 13.26 billion ($1.88 billion), earning the right to develop 857,700 square metres (9.23 million square feet) of commercial and… Read More>>
Less than two weeks after filing the paperwork for its latest Asia fund, US-based private equity firm leads Mingtiandi’s roundup of real estate news with a report that it is ready to call a final close to the vehicle after… Read More>>
Hong Kong-listed Kerry Properties has won the rights to a 98,053 square metre (1 million square foot) site in the eastern China city of Hangzhou after placing the winning bid of RMB 6.814 billion ($985 million) at a government auction,… Read More>>
Troubled mainland developer Tahoe Group on 27 April announced to the Shenzhen stock exchange that it has agreed to sell a 49 percent stake in a mixed-use project in Hangzhou, the capital of China’s Zhejiang province to Shimao Properties for… Read More>>
Editor’s note: This article provides a round up of recent regulatory moves in mainland China, along with insights into the impact that these new measures may be having on the market. This new element of Mingtiandi now appears on the… Read More>>