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Nanjing IFC

Li Ka-shing-Backed ARA Fund Completes RMB 2.48B Sale of Nanjing IFC

2014/02/10 by Michael Cole Leave a Comment

Real estate services firm Jones Lang LaSalle (NYSE: JLL), announced today that its client – ARA Asia Dragon Fund – had concluded the en-bloc sale of Nanjing International Finance Center to SanPower Group for a total transaction value of RMB… Read More>>

Mapletree Festival Walk mall

Mapletree Sets Records with HK$3.77B Buy of Hong Kong Site

2014/01/20 by Michael Cole Leave a Comment

A fund managed by Singaporean real estate developer Mapletree set new records for land prices in Hong Kong’s Kowloon district recently with its purchase of a commercial site for HK$3.77 billion (US$486 million).

The successful bid by Mapletree investments, beat… Read More>>

Richard Li PCCW

Li Ka-shing’s Son Richard to Sell Beijing Property for $900M

2014/01/14 by Michael Cole Leave a Comment

The real estate arm of Richard Li’s PCCW announced this week that it is close to selling a Beijing office building for a price put by sources close to the deal at US$900 million, as the Hong Kong princeling follows his father’s lead in selling off China property assets.

The move by Hong Kong based Pacific Century Premium Developments Ltd (PCPD), follows soon after the younger Li’s father, Li Ka-shing sold the Nanjing IFC in eastern China’s Jiangsu province on January 1st

Li Ka-shing

Li Ka-shing Continues to Dump China Assets with RMB 3 bil Nanjing Sale

2014/01/06 by Michael Cole Leave a Comment

Asia’s richest man, Li Ka-shing continued to retreat from the mainland property market by selling a Nanjing commercial building recently for RMB 3 billion.

China’s Xinhua news agency reported on January 1st that mainland conglomerate SanPower Group indicated it had… Read More>>

China Loan Sharks Feed on Real Estate Developers – Today’s China Real Estate Links | December 31, 2013

2013/12/31 by Michael Cole Leave a Comment

Here is a list of the day’s latest China real estate news collected from around the web:

  • China Loan Sharks Feed on Real Estate Developers

    Sitting in an empty Papa John’s pizza restaurant, real-estate developer Yang Boqun… Read More>>

  • Chinese Local Govt Creates Copy-Cat Kremlin Near Beijing – Today’s China Real Estate Links | December 26, 2013

    2013/12/26 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

  • Chinese Local Govt Creates Copy-Cat Kremlin Near Beijing

    China has long been known for reverse engineering the great architecture of Western… Read More>>

  • China Grave Builder Leads Surge in IPO Stocks – Today’s China Real Estate Links | December 20, 2013

    2013/12/20 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

    China Grave Builder Leads Surge in IPO Stocks

    Fu Shou Yuan International Group Ltd., a Chinese developer of graveyards, soared on its Hong… Read More>>

    De Niro Signs Deal to Bring Hollywood Luxury to Shanghai’s Historic Bund

    2013/10/25 by Michael Cole Leave a Comment

    What does it indicate for Shanghai real estate when Asia’s richest man is selling assets, at the same time that Hollywood movie stars start making investments?

    Academy award winning actor Robert De Niro announced today that he and several US-based… Read More>>

    oriental financial centre

    Li Ka-Shing Cashes Out of Shanghai Office Project for US$1.15 Billion

    2013/10/23 by Michael Cole 1 Comment

    The richest guy in Asia is bearish on China, and is now more than a billion dollars wealthier because of it.

    Hong Kong billionaire Li Ka-Shing has disposed of his third major real estate asset in Greater China within the… Read More>>

    China Vanke Buys Land in Beijing for RMB 3.3 Bil – and more of Today’s China Real Estate Links | October 15, 2013

    2013/10/15 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

  • China Vanke Buys Land in Beijing for RMB 3.3 Bil

    China Vanke Co, the country’s largest property developer by market… Read More>>

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