Smart brokers know the value of a good contact list when you need to close deals. But not many are clever enough to use their WeChat contacts to sell $13 million in homes to clients they have never met before… Read More>>
Greenland Picks Up 2 New Sydney Sites to Build More Chinese Homes
Greenland Group announced recently that it has acquired two more parcels of land in Sydney, Australia as China’s most aggressive international real estate investor brought its basket of major overseas projects purchased this year to six.
The Shanghai-based property developer… Read More>>
Vanke Picks Up 2nd HK Real Estate Project for HK$860 Mil
China Vanke, the mainland’s biggest developer by sales, continued its global expansion this week by acquiring a residential site in Hong Kong for HK$860 million (RMB 688 million). The project will be Vanke’s second venture in Hong Kong and will… Read More>>
Vanke Teaming with Blackstone to Explore China Warehouse Market
Vanke, the country’s largest property developer by revenue, is holding discussions with private equity giant Blackstone Group about a real estate fund to pursue opportunities in China’s logistics real estate sector, a senior company official revealed over the weekend.
The… Read More>>
Fosun Moves Closer to Acquiring $1.26 Bil Greek Site
Chinese investment conglomerate Fosun International has apparently locked up a deal to acquire a 620-hectare seaside site in Athens for a Euros 915 million ($1.26 billion) real estate project.
According to a report by Reuters, Fosun, together with Greek partner… Read More>>
Real Estate Agency to Let Chinese Buy Australian Homes with Bitcoin
An Australian real estate agency is trying to attract Chinese home buyers by allowing them to make their down payments with the popular bitcoin virtual currency.
According to a story this week in The Australian, Forsyth Real Estate, a 115… Read More>>
Shanghai Disneyland to Add China’s Biggest Outlet Mall
To further drive home the truth that you can’t have fun without buying something, Shanghai’s Disney resort will add the country’s largest outlet mall to its amusement offerings.
Shanghai Shendi Group, which operates the Shanghai International Tourism and Resort Zone… Read More>>
Newest Hedge Bet for China Developers – $2 Mil Puppies
As China’s property sales have slowed down and bad news has seeped into the country’s real estate market, many developers have been scrambling to invest in everything from US real estate to bottled water.
Now comes news of the latest… Read More>>
Govt Reopens Approvals for Real Estate Share Sales
In another sign of the Chinese government’s determination to corral its unruly real estate market, two more developers received regulatory approval for new stock sales, during the same week that a private real estate developer collapsed after having exhausted… Read More>>
Shanghai’s Office Market Predicted to Surpass Hong Kong by 2020
Shanghai’s Grade A office market is expected to nearly double by 2020, reaching 13 million square metres and surpassing Hong Kong as the largest commercial market in Greater China according to a pair of studies released today.
Despite recent the… Read More>>