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Li Ka-shing

Li Ka-Shing Could Make HK’s Biggest Property Deal With $4.5 Bil Sale of The Center

2016/08/30 by Cheyenne Hollis Leave a Comment

Hong Kong’s richest man could make the city’s biggest property sale, thanks to the support of mainland investors hungry for properties in the Asian financial hub.

The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung… Read More>>

45 Broad Street Gemdale

Gemdale Invests $70 Mil in NYC Condo Tower for 4th US Deal in 12 Months

2016/08/26 by Cheyenne Hollis Leave a Comment

Chinese real estate developer Gemdale Properties & Investment has made its fourth major investment in the US over the last 12 months, and its first in New York, as the Shenzhen-based firm continues to expand its North American footprint.

The… Read More>>

Carlyle Keeps Focus on China Logistics After $460M July IPO

2016/08/24 by Cheyenne Hollis Leave a Comment

Carlyle Group’s head of real estate for Asia says the US private equity giant plans to keep looking for opportunities in China’s logistics sector, following the successful July IPO of China Logistics Property Holdings.

The Shanghai-based warehouse developer raised nearly… Read More>>

country garden sales

Country Garden Expects $3 Bil in 2016 Sales From Malaysian Megaproject

2016/08/23 by Michael Cole Leave a Comment

One of China’s biggest builders is counting on a surge of sales from a $121 billion project it is building on a set of reclaimed islands between Malaysia and Singapore to bring in more than $3 billion in new sales… Read More>>

Zhou Zheng Joy City

Joy City Sells Stake in 6 Mainland Projects to GIC and China Life for $1.4B

2016/08/21 by Michael Cole Leave a Comment

Mainland commercial developer Joy City has agreed to sell a 49 percent stake in six mixed-use projects in China to an investment fund to be controlled by Singapore’s GIC and mainland insurer China Life for RMB 9.29 billion ($1.4 billion).

… Read More>>

CRCT CEO Tony Tan

CapitaLand REIT Buys Chengdu Mall From BlackRock for $226M

2016/08/21 by Greg Isaacson Leave a Comment

A real estate investment trust managed by Singapore’s top developer will acquire a shopping mall in Chengdu from BlackRock for RMB 1.5 billion ($226 million), at a time when China’s retail property sector is struggling in the face of oversupply… Read More>>

paul mcgarry goodman

Paul McGarry Named Asia Head as Goodman Reworks Regional Management

2016/08/18 by Michael Cole Leave a Comment

Australian industrial developer Goodman Group has appointed Paul McGarry as head of its Asia operations, as the company restructures its management following the departure of long-time Greater China head Philip Pearce last month.

In the newly created top role for… Read More>>

Gary Barnett Extell

Shanghai’s SMI, NY’s Extell Confirm $3B NYC Project

2016/08/13 by Michael Cole Leave a Comment

Shanghai Municipal Investment (SMI), the state-run infrastructure firm best known for developing China’s tallest building, has confirmed a $3 billion joint venture with New York’s Extell Development to build a 95-storey tower on Manhattan’s Billionaire’s Row.

In a joint announcement… Read More>>

Greenland Lucent Sydney

Greenland Predicts No Problems for Chinese Buyers in Sydney Despite Default Worries

2016/08/11 by Olivia Chen Leave a Comment

Chinese developer Greenland has commenced settlements of their first completed apartment project in Australia, the 211-unit Lucent in North Sydney, amid concerns Chinese apartment buyers would start defaulting on payments.

Informal controls on outbound capital in China… Read More>>

warcraft china

Legendary Losses Slowing Down Wang’s Dream of a Cinema Empire

2016/08/09 by Bruce Haring Leave a Comment

Chinese billionaire Wang Jianlin has big plans for building a movie business empire, but that golden future looks a bit further off after the tycoon’s Dalian Wanda Group announced an indefinite delay in the incorporating Legendary Picture into its mainland-listed… Read More>>

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