What to do with an oversupply of housing that local customers won’t buy? The city of Zhuhai in Guangdong province is trying the time-honoured solution marketing these unwanted homes to people from out of town. Plus government officials prove that… Read More>>
Li Ka-shing: 10% Home Price Drop No Big Deal and More China Real Estate Headlines 2016-01-09
Hong Kong home prices fell the most in seven years in November, and look to be headed down further. But if you’re the city’s biggest billionaire, this isn’t a major issue. Meanwhile JP Morgan’s Ryan Li gives the mainland government… Read More>>
The Year in China Real Estate – Mingtiandi’s Biggest Stories of 2015
Through nearly 12 months of 2015 China’s real estate market has weathered the defaults of a major developer, witnessed the end of a year-long slide in home prices and seen a series of government efforts to rekindle investment in the… Read More>>
China Real Estate News Around the Web 2015-09-23
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Li Ka-shing’s Morality Questioned by Xinhua
A recent attack on Hong Kong billionaire property tycoon Li Ka-shing in China’s state-controlled media… Read More>>
Li Ka-Shing Said Selling Pudong Property for RMB 20 Bil
Cheung Kong Property Holdings, the real estate company belonging to billionaire Li Ka-shing is reportedly selling its Century Link commercial project in Shanghai for RMB 20 billion ($3.22 billion).
Should the sale of the as-yet-unopened 360,000 square metre Pudong complex… Read More>>
Li Ka-Shing’s Fortune REIT Buys Kowloon Mall for $245M
ARA Asset Management (Fortune) Limited, the manager of Li Ka-shing controlled Fortune REITÂ has now closed on its HK$1.9 billion ($245 million) acquisition of the Laguna Plaza residential retail complex in Hong Kong, according to a recent statement from the company.
Li Ka-shing to Spin Off Property Assets in $24B Restructuring
Hong Kong’s richest man is consolidating his property assets into a single company, as billionaire Li Ka-shing announced on Friday that he is restructuring his biggest holding companies.
In a statement, the investor known in Hong Kong as “Superman” for… Read More>>
Chinese Developer Sets Local Price Record in HK Land Buy
After nearly twenty years of boom times, China’s real estate developers are known for their optimism, and this positive market outlook was revealed again this week when state-owned developer China City Construction (International) set a new local record for a… Read More>>
Li Ka-shing Sells Chongqing Complex to Own REIT for $638M
Asia’s richest man sold another mainland property asset last week as two companies controlled by Li Ka-shing’s transferred a commercial development in Chongqing to a related real estate investment trust (REIT) for RMB 3.91 billion ($638 million).
According to a statements… Read More>>
Li Ka-shing Sells 2 Shanghai Buildings for $493 Million
Asia’s richest man continued to sell off his China real estate holdings last week when a property company controlled by Hong Kong billionaire Li Ka-shing was acquired by China’s Oceanwide Holdings.
According to a statement to the Shenzhen stock exchange… Read More>>
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