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Dalian Wanda to Close 10 Dept Stores – Restructure 20 More

2015/01/08 by Michael Cole Leave a Comment

The balance of power in China’s retail world continued to shift away from one-size-fits all shops this week when Dalian Wanda announced plans to shutter 10 department stores nationwide, and restructure another 20.

The decision by the China retail real… Read More>>

Chinese Investor Buys Canadian Ghost Town for $841K

2015/01/07 by Michael Cole 1 Comment

Chinese real estate investors are known for their confidence, but now one company from Hebei is paying nearly a million Canadian dollars to try to bring back the dead. Or at least a dead village.

According to a real estate… Read More>>

China Communications Construction Miami

Chinese Developers Discover Miami with Purchase of $74.7M Site

2015/01/03 by Michael Cole Leave a Comment

China’s real estate investors finally discovered the southern US as an affiliate of a major Chinese construction company bought a development site in Miami’s Brickell neighborhood for $74.7 million late last month.

The unit of China City Construction Company, closed… Read More>>

China Home Prices Defy Government Attempts to Turn Around the Market

2015/01/03 by Michael Cole Leave a Comment

China’s sliding home prices fell even further in December as the end of the home buying season and a record-sized inventory of unsold homes led developers to offer larger incentives for prospective home buyers.

A survey released earlier this week… Read More>>

Kwok Ying-shing

Could China Be About to Experience Its Biggest Ever Real Estate Bankruptcy?

2015/01/02 by Michael Cole Leave a Comment

Kaisa Group Holdings may be in danger of becoming the biggest Chinese real estate developer to collapse as a result of the country’s property slump, after the Hong Kong-listed company defaulted on a HK$400 million ($51.6 million) loan on Wednesday.

… Read More>>

Mingtiandi Takes a Holiday and Prepares for Big Things in 2015

2014/12/29 by Michael Cole Leave a Comment

I hope that all of you are enjoying the holidays and the brief respite from the constant flow of China real estate happenings.

While our workaholic crew here at Mingtiandi never really takes a vacation, we have slowed down to… Read More>>

Guangzhou Evergrande Buys Historic Resort in Canada

2014/12/22 by Michael Cole Leave a Comment

While many of China’s biggest property developers have been acquiring assets in global gateways such as Los Angeles or New York, Xu Jiayin, the chairman of Evergrande Real Estate Group has headed further north by purchasing a historic railway hotel in… Read More>>

Shinagawa Seaside Park Tower in Tokyo

Fosun Buys Second Tokyo Office Tower Within Five Months

2014/12/21 by Michael Cole Leave a Comment

Shanghai-based Fosun International has purchased a 23-storey office building in Tokyo, its second major real estate acquisition in Japan’s capital city in the last five months.

According to a story in the Wall Street Journal, the Chinese conglomerate acquired the… Read More>>

The Squaire Frankfurt

Chinese Insurers Bid $1.3B for European Real Estate as Deal Wave Continues

2014/12/10 by Michael Cole Leave a Comment

Following close on the heels of Bank of China’s agreement last week to buy a New York tower for $600 million, two more major Chinese institutions are said to be bidding for overseas real estate assets, with the total value… Read More>>

Chateau de Birot

Chinese Luxury Hotel Group Agrees to Buy Bordeaux Wine Estate

2014/12/10 by Michael Cole Leave a Comment

A hotel company belonging to a Chinese billionaire has agreed to buy a 37-hectare French chateau and vineyard in the Bordeaux region as the country’s nouveau riche progress from drinking wine to buying whole estates.

According to a report on… Read More>>

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