Despite Hong Kong’s biggest retail slump this century, the managers of Link REIT, a real estate investment trust that manages the city’s largest portfolio of shopping space reported a 13.2 percent increase in revenue for the most recent fiscal year,… Read More>>
China Vanke Founds US Investment Platform With Rockefeller Veterans
China Vanke, one of the mainland’s earliest investors in US real estate projects, has set up a US-based real estate investment firm as the Chinese developer seeks to become a player in the global asset management industry.
Vanke has set… Read More>>
Mingtiandi Adds Logistics Section to Award-Winning China Real Estate Coverage
Logistics has become one of the hottest sectors in China’s real estate market with the country’s rapidly expanding ecommerce sector, and the shift towards modern shopping malls, helping to drive fast growth in rentals and major investment inflows.
In the… Read More>>
Cinda Pays 303% Over Opening Price to Buy Shanghai Land at Auction
Cinda Real Estate established itself as China’s new land king this week by paying RMB 5.8 billion ($870 million) for a plot of land in Shanghai’s Baoshan district.
The land purchase marked the third time in less than seven months… Read More>>
When Donald Trump Sued Vincent Lo and Henry Cheng for $1 Bil
Earlier this month US presidential candidate Donald Trump said China was “raping” the US with unfair trade practices, and now it has emerged that the New York real estate tycoon may have a history of hurling accusations at Chinese, including… Read More>>
China Life Teams With RXR to Buy NYC Office Tower for $1.65 Bil
China Life Insurance Group has taken an undisclosed equity stake in New York City office tower 1285 Sixth Avenue in partnership with developer Scott Rechler’s RXR Realty. The $1.65 billion deal continues the recent overseas buying spree by China’s insurance… Read More>>
China Taiping Insurance Said Buying Kowloon Office Project for $580M
China Taiping Insurance is rumored to have won the race to acquire the One Harbourgate East Tower in Kowloon with a bid of HK$4.5 billion ($579.6 million), marking another foray by mainland financial services companies into the Hong Kong property… Read More>>
Greenland Sydney Project Loses Builder, Chinese Developer Promises to Keep Schedule
Shanghai’s Greenland Group has parted ways with the builder hired to construct the A$700 million ($501 million) Greenland Centre Sydney with work on the 235-metre tower scheduled to start this month.
The state-run Chinese developer and Brookfield Multiplex this week… Read More>>
Vanke Invests in $200 Mil Seattle Apartment Tower
China Vanke, the mainland’s largest residential developer, has agreed to invest in a project to develop a apartment complex near Seattle, Washington’s famed Space Needle.
The $200 million joint venture deal with California-based Laconia Development marks Vanke’s first foray into… Read More>>
54% Jump in Suzhou Home Prices Triggers Govt Clampdown
In a sign of real estate policy tightening outside of China’s first-tier cities, Suzhou’s city government has responded to rocketing prices in its land and property markets by calling off land auctions and preparing a series of sales restrictions to… Read More>>
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