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Yu Liang

Vanke Sells 48% Stake in Shanghai Mall to GIC, Expects Half-Year Loss of Up To $1.2B

2024/07/10 by Kevin He Leave a Comment

China Vanke has sold a 48 percent stake in Shanghai’s largest single-building shopping mall to partner GIC, as the cash-strapped mainland developer continues to sell off assets to ease its RMB 322 billion ($44.5 billion) debt burden.

Online corporate registry… Read More>>

Wong Liang Kit, president of Keppel Land China

Keppel Land Exits Shanghai Apartment JV with Gemdale in $112M Sale

2022/12/21 by Beatrice Laforga Leave a Comment

A unit of Singaporean conglomerate Keppel Corp is selling its stake in a residential development project in Shanghai’s suburban Jiading district for RMB 783 million ($112.3 million), exiting the joint venture it formed two years ago with local developer Gemdale… Read More>>

louis lim Keppel Land

Keppel JV Buys Stake in Gemdale Shanghai Residential Project for $49M

2022/11/17 by Iris Hong Leave a Comment

Singaporean conglomerate Keppel Corp has teamed up with a mainland investor to acquire a 20 percent stake in a residential site in Shanghai’s suburban Jiading district from local developer Gemdale for RMB 344 million ($48.7 million).

The acquisition is made… Read More>>

Henry Cheng Chongbang

Chongbang to Invest $400M in Phase 2 of Shanghai’s Lifehub@Anting

2020/06/02 by James Hatton Leave a Comment

Chongbang Group has closed the $120 million acquisition of a suburban site in northwestern Shanghai as it readies the second phase of the company’s retail-anchored Lifehub@Anting project, Mingtiandi can reveal.

The Shanghai-based commercial developer led by one-time Shui On Land… Read More>>

Fears of China Retail Slide? Keppel Land Buys New Shanghai Mall for $75 Mil

2016/10/05 by Cheyenne Hollis Leave a Comment

Keppel Land China still sees some value in China’s much-maligned retail real estate sector – agreeing last week to purchase a newly completed mall in suburban Shanghai for RMB 500 million ($74.9 million).

The acquisition by the Singaporean real estate… Read More>>

Ling Ke Gemdale

Gemdale Buys Shanghai Site for Record Price

2015/09/24 by Michael Cole Leave a Comment

State-owned developer Gemdale Group beat out 16 competitors to pick up a residential site in Shanghai’s Jiading district for RMB 2.01 billion ($315 million), setting a new record per square metre for housing in the suburban area.

Gemdale’s bid was approximately… Read More>>

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