Hotel and logistics professionals dominate our list of who’s secured a new job in the region, as senior level players from Intercontinental Hotels, Goodman and Ping An make an appearance, and there’s even a place for an executive formerly in… Read More>>
Country Garden, Hopson Ditch $3.6B in Bond Sales and More Asia Real Estate Headlines
Leading today’s roundup, China’s top developer by sales, along with a mid-league peer, have hit a wall in their attempts to issue yuan-denominated corporate bonds, as mainland authorities continue to clamp down on leverage in the property sector. Meanwhile, a… Read More>>
Hopson JV Sells Beijing Office Tower for $553M, Books 9% Loss
A joint venture invested by Hopson Development and mainland asset manager, BMI Funds Ltd, has agreed to sell a Beijing office tower for RMB 3.67 billion ($552.6 million), according to an announcement by the Hong Kong-listed mainland developer.
Hopson, which holds… Read More>>
Wanda Mall Sell-Off Raises Questions on Health of China Operations
During the last few weeks Dalian Wanda Group has announced the sale of more than $9.3 billion of its domestic hotel and tourism projects as the property developer controlled by billionaire Wang Jianlin struggles with a mountain of debt and… Read More>>
China Real Estate People in the News 2014-11-03
This week brings lots of movements on the capital markets front as JLL’s former head of investment deals for SE Asia starts his own shop, C&W brings in a veteran asset manager, and a veteran politician may have jumped to… Read More>>
China Real Estate Professionals in the News 2014-05-19
This week Asia’s real estate community sees a number of agency people hopping to new shops across Beijing, Shanghai, Shenzhen and Hong Kong, as well as new opportunities for professionals at developers, design firms and finance companies across the region…. Read More>>
Troubled Chinese Developer Says Sales Down Nearly 70% in 2014
Hong Kong-listed Hopson Development Holdings Limited (HKG:0754) announced on Monday that its contracted sales for the two months ended 28 February 2014 amounted to about RMB 471 million – a decrease of 69.6 percent compared to the same period a… Read More>>
Agencies Warn of China Developer Risks Amid Credit Scares
Slower sales and rising land prices will put stress on some of China’s real estate developers this year according to recent reports by credit agencies Standard & Poor’s and Moody’s.
The warnings from the ratings agencies happened in the same week that China saw its first default of a corporate bond as the country’s leaders attempt to wean businesses from their addiction to cheap credit.
Not Best Time to Buy Land in China Now, Hang Lung Says – and more of Today’s China Real Estate Links | June 28, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
Land prices in China may drop further and… Read More>>