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Yuehe International Plaza

Shanghai Project Frozen By Courts as Developer Can’t Pay Bills

2014/06/30 by Michael Cole Leave a Comment

The credit problems of China’s real estate industry spread into its first-tier cities recently when a 220,000 square metre development project was halted by the courts after the developer ran out of cash.

The suspension of the mixed-use project belonging… Read More>>

China Construction Bank London

China Construction Bank Buys London Office Tower for $187M

2014/06/27 by Michael Cole Leave a Comment

For the second time this month a Chinese financial institution has acquired a London office building, as China Construction Bank was revealed today to have purchased a tower in the city’s financial district for 110 million pounds ($187 million).

China… Read More>>

Yang Dingguo Zhongdou Group

Hangzhou Developer Arrested After Loan Default and Fraud Reports

2014/06/25 by Michael Cole 1 Comment

China’s real estate industry and the shadow banking network that it relies on received a collective black eye this week when a Hangzhou developer first defaulted on loan payments, and was later arrested on fraud allegations surrounding RMB 2 billion… Read More>>

10 Upper Bank Street Canary Wharf

China Life Buys 70% of London Tower in $1.35B Deal

2014/06/23 by Michael Cole Leave a Comment

China’s cashed up investors landed another billion dollar property last week when the country’s biggest life insurer teamed up with an investment firm belonging to the Qatari government to buy an office building along London’s Canary Wharf for 795 million pounds… Read More>>

Twin 1km Tall Wuhan Phoenix Towers are Latest Supertall Scheme

2014/06/19 by Michael Cole Leave a Comment

A matched pair of hyper-green, male and female, towers are set to stretch a full kilometre from the ground in the central Chinese city of Wuhan, if a local chemical company and some London architects succeed in a recent architectural… Read More>>

Du Shuanghua

Controversial China Steel Magnate Linked to $468M Paris Hotel Deal

2014/06/17 by Michael Cole Leave a Comment

A company linked to controversial China steel tycoon Du Shuanghua has agreed to buy an international hotel along Paris’ historic Champs-Elysee for 344.5 million euros ($468 million).

Hong Kong-listed Kai Yuan Holdings Ltd (1215), whose primary business is investment in… Read More>>

Waow Plaza Hangzhou

Wahaha Goes Boohoohoo in Hangzhou Mall Default

2014/06/13 by Michael Cole Leave a Comment

Leasing out retail space is as easy as selling colored sugar water to babies, or at least it looked that way to China beverage magnate Zong Qinghou when he opened his first Waow Plaza mall in Hangzhou in 2012.

Now… Read More>>

Asia Expat Rankings

Shanghai and Beijing Ranked as More Expensive Than Hong Kong

2014/06/13 by Michael Cole Leave a Comment

The cost of living in China’s major cities is now higher than in Hong Kong or Singapore, according to a survey of expatriate cost of living published this week by a global human resources consultancy.

The survey by ECA International… Read More>>

China warehouse market

Mega-Funds Looking for Partners in China’s Warehouse Sector

2014/06/10 by Michael Cole Leave a Comment

Since August last year global fund investors have poured more than $3.81 billion into China’s warehouse developers, seeking a share of the profits reaped from supporting the country’s rapidly growing retail and ecommerce sectors.

And the influx of money could… Read More>>

Ben Meng CalPERS

CalPERS Looking Beyond A+ Assets for China Bargains

2014/06/09 by Michael Cole Leave a Comment

The second biggest pension fund in the US has $257 billion to invest and is looking for more deals in China. However, even a giant fund manager that has been investing in China for several years realises that good deals… Read More>>

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