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Suning sales

Suning Signs Deal to Open 40 Shops in Wanda Malls

2015/09/07 by Michael Cole Leave a Comment

Two of China’s retail giants surprised the market today with the announcement of cooperation agreement the calls for electronics seller Suning to open 40 new shops in Dalian Wanda’s malls in the next four months.

The two companies indicated that… Read More>>

Chen Guo

China’s HNA Group Buys Reuters HQ Building in London

2015/09/03 by Michael Cole Leave a Comment

HNA Group, the parent company of China’s privately owned Hainan Airlines, jumped into the London real estate market this week by purchasing a ten-storey tower that is Reuters news agency’s European home.

HNA, which is chaired by Hainan Airlines founder… Read More>>

china housing prices

Housing Market Heats Up During China’s Hottest Month

2015/09/03 by Michael Cole Leave a Comment

Monthly growth in average home prices in China grew to 0.95 percent during August as the country’s housing market heated up during a traditionally slow sales month.

The average price across 100 of China’s biggest cities grew to RMB 10,787… Read More>>

China unsold homes

Improving Home Sales Fail to Revive China Real Estate Investment

2015/08/16 by Michael Cole Leave a Comment

Several months of policy tweaking by Chinese authorities appears to have revived home sales, but the country’s all important real estate sector has yet to see a revival in investment levels, according to newly released figures from China’s National Bureau… Read More>>

Kwok Ying-shing

Yuan Depreciation Adds to Pressure on Chinese Property Developers

2015/08/14 by Michael Cole Leave a Comment

The Chinese yuan has fallen as much as 4.67 percent in the last week, and while the sudden change has been cheered by China’s exporters, it could be bad news for the country’s heavily indebted property developers.

After trading at… Read More>>

George Agethen

George Agethen Joins Ivanhoé Cambridge as Canadian Fund Manager Expands in Asia

2015/08/13 by Michael Cole Leave a Comment

Ivanhoé Cambridge announced today the appointment of George Agethen as Senior Vice President, Asia-Pacific, Growth Markets.

Agethen’s recruitment comes as the Canadian real estate fund manager steps up its activities in Asia after leading more than $1.3 billion in Chinese… Read More>>

80 South Seaport

China’s Oceanwide Holdings Buys $390M NY Project in 4th US Deal

2015/08/09 by Michael Cole Leave a Comment

Chinese real estate developer Oceanwide Holdings is taking on its fourth US project after agreeing to acquire a pair of Manhattan sites for $390 million.

Oceanwide acquired the project through its Hong Kong-listed subsidiary, China Oceanwide Holdings, which announced last… Read More>>

Chau Chak Wing

Chinese Billionaire Buys Home of Aussie Casino King James Packer for $51M

2015/08/06 by Michael Cole Leave a Comment

Australia’s fourth-richest man, James Packer, just sold his 3,345 square metre Sydney estate for a record $51 million to a property developer from southern China’s Guangdong province.

Packer, who runs the Crown Resorts casino group and is heir to one… Read More>>

david rubenstein

Carlyle & CLSA Sell Shanghai Office Building to Yuexiu REIT for RMB 2.63B

2015/08/06 by Michael Cole Leave a Comment

A company belonging to private equity firms Carlyle Group and CLSA Capital Partners has sold an office tower in Shanghai’s Pudong district to Hong Kong-listed Yuexiu REIT for RMB 2.63 billion ($423 million).

Yuexiu REIT, which is controlled by Guangzhou-based… Read More>>

Li Ka-shing

Li Ka-Shing Said Selling Pudong Property for RMB 20 Bil

2015/08/02 by Michael Cole Leave a Comment

Cheung Kong Property Holdings, the real estate company belonging to billionaire Li Ka-shing is reportedly selling its Century Link commercial project in Shanghai for RMB 20 billion ($3.22 billion).

Should the sale of the as-yet-unopened 360,000 square metre Pudong complex… Read More>>

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