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Zuo hui of Beike

Zuo Hui, Billionaire Founder of Mainland Real Estate Listings Giant Beike, Dies at 50

2021/05/21 by Christopher Caillavet Leave a Comment

China’s largest property listings website, Beike, announced that its founder and chairman, Zuo Hui, died Thursday after an unexpected worsening of illness. He was 50 years old.

Zuo, who started Beijing-based property agency Homelink (Lianjia in Chinese) in 2001 and… Read More>>

Baoneng Yao Zhenhua

Vanke Raider Foresea Warns of Default Risk and More Asia Real Estate Headlines

2017/05/18 by Michael Cole Leave a Comment

Once a step away from controlling China’s largest property developer, Baoneng Group’s Foresea Insurance is now on the brink of default, according to an account in the FT today. Also in the news, Blackstone warns of an end to a… Read More>>

HNA Chen Feng

HNA Mega-Buys Turn Spotlight on Private Firm’s Govt Credit and More Asia Real Estate Headlines

2017/05/10 by Michael Cole Leave a Comment

Popping up in today’s headlines, HNA is the latest Chinese dealmaker to grab the attention of the New York Times, who look into how a privately held company gets a $60 billion line of credit from government banks. Also in… Read More>>

Shanghai suburbs

Developers Paid Over $7.5B for Shanghai Land in First Half of 2016

2016/07/07 by Andrew Esqueda Leave a Comment

The value of land sold in Shanghai totaled RMB 50.6 billion ($7.5 billion) in the first six months of this year with half of the plots fetching premiums double the auction minimums, underscoring the demand for land in China’s first-tier… Read More>>

China real estate developers buying more land at auction

China Real Estate Developers Bought RMB 8.87 Bil of Land in Early Sept

2012/09/16 by Michael Cole Leave a Comment

In a significant sign of growing confidence among China’s real estate developers, Vanke and six other developers combined to purchase several parcels of land for more than RMB 8.87 billion between September 5th and 7th.  The purchases were made in… Read More>>

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People in the News

Asia Real Estate People in the News 2022-07-04

Serena Teo Ascott

2022 has now passed the mid-year mark and that milestone has spurred a wave of board moves this week including new … Read More>>

ESR-Logos REIT Adds Trent Iliffe to Board, Appoints Karen Lee as Deputy CEO

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The manager of ESR-Logos REIT announced a flurry of people moves on Friday to round out the board of directors and … Read More>>

Kerry Properties CFO Resigns After Less Than 8 Months on Developer’s Board

serene nah kerry

Hong Kong-listed developer Kerry Properties waited until the city was transfixed with the arrival of a visitor from the … Read More>>

Asia Real Estate People in the News 2022-06-27

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A senior appointment by one of China’s crew of defaulting privately-controlled developers leads this week’s roundup of … Read More>>

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