Property dynasties lead the way in Mingtiandi’s roundup of real estate headlines today with the news that the biggest four Hong Kong tycoons have passed on empires worth a combined $109 billion, while the Chinese government has taken another step… Read More>>
Wanda Waves Bye Bye to Sofitel, Hyatt and Hilton in Quest to Build Own Hotel Brand
Dalian Wanda Group is saying goodbye to its partnerships with foreign hotel operators as the Chinese conglomerate continues its quest to build the first globally recognised Chinese premium hotel brand.
While the company has been forced to abandon its attempts… Read More>>
Chinese Estates Builds HK$27B Evergrande Stake and More Asia Real Estate Headlines
Joseph Lau’s Chinese Estates got some good news this week as the developer’s stake in China Evergrande now is worth more than its own Hong Kong market cap. Also in the headlines, China’s suppression of housing demand means that sales… Read More>>
Asia Real Estate People in the News 2017-04-17
This week’s biggest moves among Asia’s community of real estate professionals start out with one of China’s biggest financial groups hired a new head of investment, while an international hospitality group promotes one of its top hotel hunters. Read on… Read More>>
New World Wins Kowloon Site for HK$7.8 Bil and More Asia Real Estate Headlines
Leading today’s headlines, while Hong Kong residents may have little hope of buying a home this century, the government is doing just fine, thanks to robust land sales. New World paid a higher than expected price for a site in… Read More>>
Anbang Back in Hotel Hunt with $7B Bid for IHG
China’s Anbang Insurance has apparently rekindled its passion for hotels with the mainland financial upstart reportedly preparing a $7 billion bid for the FTSE-listed Intercontinental Hotels Group.
Anbang, which became famous for its $1.95 billion acquisition of New York’s Waldorf… Read More>>
Greater China Real Estate People in the News 2016-05-31
Some of Asia’s best known developers and fund managers are changing their top management this week as a Li Ka-shing invested asset management firm finds a new head for its private funds division, a once defaulting developer gets a new… Read More>>