A set of board level changes lead this week’s look at who’s changing places in Asia’s real estate world, as an Anbang executive appears to be exiting a roles as some of the mainland’s leading corporates, and Korea’s biggest pension… Read More>>
Asia Real Estate People in the News 2018-03-19
Leading this week’s roundup of people moves, a JLL exec is taking a top job overseeing the agency’s facilities management business in North Asia, while a veteran of China’s largest construction firm is hopping to Greenland USA. Hong Kong’s Pamfleet… Read More>>
Longfor Co-Founder’s Junson Capital Buying $800M in US Hotels From MassMutual’s Barings
Hong Kong-based Junson Capital, a private equity real estate investment firm controlled by Longfor Properties co-founder Cai Kui is buying a portfolio of US hotels from MassMutual’s Barings subsidiary for as much as $800 million, according to media reports.
Barings’… Read More>>
CCPIB Invests $662M in Pair of Longfor Projects in Shanghai, Chengdu
The Canada Pension Plan Investment Board (CPPIB) is deepening its partnership with top Chinese developer Longfor Properties by investing RMB 4.2 billion ($662 million) in two new mixed-use projects in the cities of Chengdu and Shanghai, the pension fund manager… Read More>>
Beijing Wall’s Downfall Prompts China Housing Policy Debate
The destruction of a steel gate by angry homeowners in a Beijing compound has sparked an online debate about housing rights in the nation’s capital, and created a new headache for one of China’s largest developers.
The hated gate separated… Read More>>
Country Garden and Longfor Raise $1.7B in Offshore Bonds
Country Garden, China’s biggest developer by contracted sales, announced on Tuesday it would raise a combined $850 million through the issue of senior notes in two tranches. The move came just one day after fellow top-ten developer Longfor Properties announced… Read More>>
Country Garden Tops Evergrande to Take China’s 2017 Real Estate Sales Crown
Guangdong-based Country Garden achieved contracted sales of RMB 580.8 billion ($89.3 billion) in 2017 to oust billionaire Xu Jiayin’s Evergrande Real Estate from its position as China’s biggest selling developer and seize the title as mainland sales king, figures from… Read More>>
Longfor Counts on Kids to Help Fill Baoshan Paradise Walk in Shanghai
Longfor Properties opened its second shopping center in Shanghai on Saturday, boosting its portfolio of mainland malls to 26. The newly-opened Shanghai Baoshan Paradise Walk is a five-level shopping mall with a floor area of 140,000 square metres, and measures… Read More>>
China’s Hengli Buys Lloyds Bank London Office and More Asia Real Estate Headlines
Cross-border acquisitions lead the news again today as another mainland group picks up a Brexit bargain in London, and a Singaporean developer goes shopping on Tokyo’s Ginza. Back on the mainland more credit is available for rental housing projects and… Read More>>
Asia Real Estate People in the News 2017-10-09
With more than 705 million Chinese hitting the road during last week’s National Day holiday, now is a good time to take stock of the regional real estate pros who have recently moved into new jobs. Heading this week’s edition… Read More>>
