Canada Pension Plan Investment Board has struck yet another deal with its favorite mainland developer, Longfor Group Holdings, as the Canadian pension fund manager and the Beijing-based builder today announced an agreement to jointly invest at least $817 million in… Read More>>
Credit ratings agency Moody’s Investors Service this week has downgraded its outlook for Hong Kong-listed developer Wuzhou International Holdings Limited as it predicted that the Jiangsu-based industrial specialist would default on $300 million in offshore bonds.
The downgrade comes after… Read More>>
Singaporean property developer City Developments Ltd is joining mainland tech giant Alibaba as investors taking cornerstone stakes in the initial public offering of E-House (China) Enterprise Holdings Ltd, a Shanghai-based real estate services provider with more than RMB 4.6 billion… Read More>>
The challenges of finding a new home in Hong Kong may be too much even for top property fund managers as Savills Investment Management’s chairman and chief executive Justin O’Connor announced his resignation yesterday, just one month before he was… Read More>>
In a joint effort with a pair of state-owned mainland partners, Xintiandi developer Shui On Land has won a government tender for a 78,256 square metre (842,340 square foot) prime commercial site near Shanghai’s Huaihai Lu with a bid of… Read More>>
Greentown China, which nearly became a casualty of the mainland’s previous housing slowdown in 2014, has raised concern among investors this week after the Hangzhou-based developer issued a notice urging staff to urgently improve the company’s cashflow.
The notice distributed… Read More>>
CBRE, the world’s largest commercial real estate brokerage, is shaking up its capital markets team in Asia and its leadership in southern China with a flurry of senior-level job changes in Hong Kong and Shenzhen this month.
Spurred by the… Read More>>
Gaw Capital Partners is building up its property holdings in California’s Bay Area, with an affiliate of the Hong Kong-based private equity firm paying $93.5 million this month for a Silicon Valley office building.
An investor called GC Orchard Trimble,… Read More>>
HNA Group is reportedly shedding nearly half of its office footprint in Hong Kong’s Three Exchange Square, just 15 months after the troubled Chinese conglomerate leased eight floors in the downtown tower.
The mainland firm is said to be seeking… Read More>>
A Chinese government-controlled fund now owns New York’s Waldorf Astoria hotel, as mainland regulators have officially nationalised the hotel’s purchaser, Anbang Insurance Group.
Nearly full ownership of Anbang has been transferred to the government-controlled China Insurance Security Fund, the China… Read More>>