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>>
China Life Buys 70% of London Tower in $1.35B Deal
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
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>>
Controversial China Steel Magnate Linked to $468M Paris Hotel Deal
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>>
Wahaha Goes Boohoohoo in Hangzhou Mall Default
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>>
Shanghai and Beijing Ranked as More Expensive Than Hong Kong
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>>
Mega-Funds Looking for Partners in China’s Warehouse Sector
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>>
CalPERS Looking Beyond A+ Assets for China Bargains
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>>
Shui On Land Sells Hangzhou Project After Sales Dive 56%
Troubled real estate developer Shui On Land took a small step towards shoring up its cashflow recently when it sold its Xihu Tiandi retail development to a Hong Kong investment firm for an undisclosed sum.
According to an announcement to the… Read More>>
Wealthy Chinese Buying Up SF Condos for 100% Cash
San Francisco’s housing market is booming and according to one local agent, a major cause for the double-digit growth in home prices are Chinese buyers putting down cash for local homes.
In an interview this week with California TV station… Read More>>
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