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 Said Shortlisting 50 Hotels in Global Investment Drive
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>>
Why the New York Times is Wrong About Evergrande’s $16B “Lifeline”
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>>
China Housing Prices Fall at Record Pace in February
After showing signs of stabilising in December, China’s housing prices fell by an average of nearly 5.5 percent in February, compared to the same month a year ago. The faster fall in home prices came as China’s spring festival holiday… Read More>>
Shui On Land Puts Shanghai Office Tower on the Market for RMB 7.5B
Shui On Land has reportedly put Corporate Avenue One, a prime commercial asset next to the Hong Kong-listed real estate developer’s landmark Xintiandi project in Shanghai, on the market for approximately RMB 7.47 billion ($1.2 billion).
The potential sale of… Read More>>
China Property Sales Fall 16.3% in 2015 Despite Govt Support
Property sales in China have fallen 16.7 percent this year compared to the first two months of 2014, dashing developer hopes for a quick recovery to the nation’s housing slump.
The slide in home sales came despite a series of… Read More>>
Changsha’s Broad Group Builds 57-Storey Tower in Just 19 Days
When the world last heard of Hunan-based Broad Group, the construction firm was still struggling to win approval to turn a watermelon patch into a 220-storey vertical city.
Now the air conditioning maker turned-modular building group has bounced back… Read More>>
Aoyuan Property Buys Sydney Office Tower for $94.8M
Australia may be making noise about slowing down sales of homes to foreigners, but the government’s regulatory moves didn’t stop Aoyuan Property Group from becoming the latest Chinese developer to buy a project in Sydney.
The Guangzhou-based real estate firm… Read More>>
Evergrande Boss’ Sydney Mansion Caught in Aussie Crackdown
The billionaire owner of China’s Evergrande real estate bought one of the poshest homes in Sydney last year for A$39 million ($30.5 million). But now Xu Jiayin, who also owns Guangzhou Evergrande football club, has 90 days to sell off… Read More>>
Chinese Deal for London’s Crystal Palace All in Pieces
A £500 million ($772 million) plan for a Chinese developer to rebuild London’s famed Crystal Palace appears to have fallen apart recently after 16 months of delay.
Despite attracting a shortlist of architects including Zaha Hadid, Richard Rogers and David… Read More>>
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