Asia real estate and outbound investment news
Greenland Group, China’s largest real estate developer by sales, is now teaming up with the country’s largest ecommerce group to raise money for its new projects on the Internet.
The Shanghai-based property company announced this week that it had sold… Read More>>
Although China’s current real estate slump is driving many investors back to the safe havens offered by China’s biggest metropolitan areas, the best locations for real estate opportunities may be in nine, just slightly smaller cities.
The China60 report issued… Read More>>
The head of one of the world’s biggest mall developers boldly stepped into the online world this month when Wang Jianlin of China’s Dalian Wanda Group began testing out his company’s new online-to-offline (O2O) retail platform.
The service, driven by the… Read More>>
A founder of Hainan Airlines seems to have been so happy with the $47.4 million New York condo that he took possession of in February that he’s bought a second unit two floors up in Manhattan’s swanky One57 development.
Luckily… Read More>>
Two of China’s largest insurers took their first steps into the US market real estate market this week as American developer Tishman Speyer announced that China Life Insurance and Ping An Insurance would take a majority stake in a $500… Read More>>
One of China’s top 10 developers replenished its cash supplies by selling HK$6.3 billion ($813 million) in new shares to Ping An Insurance as the country’s real estate companies grapple with a shortage of both customers and funds in 2015.
China real estate developer Guangzhou Evergrande was singled out by credit agency Fitch Ratings this month for its high levels of leverage and aggressive sales forecast, as lenders begin to look more closely at the risks facing Chinese property companies.
For those of you who are regular readers of this site, you might have noticed that Mingtiandi itself became a bit less regular last week.
In the past several days the Mingtiandi team had two major projects due with 24… Read More>>
Fosun Group has drawn up a shortlist of 50 hotels for acquisition globally as the Chinese investment house plans to invest more than $500 million on hospitality sector assets.
The Shanghai-based conglomerate’s plans for the tourism industry were revealed at… Read More>>
International media from Bloomberg to the New York Times carried headlines today declaring that Evergrande Real Estate, a Guangzhou-based developer noted for its aggressively leveraged balance sheet, had just received 100 billion yuan ($16 billion) in new credit to prop… Read More>>
