CapitaLand has formed a 50:50 joint venture with US real estate private equity firm AEW to acquire 70 percent of the Pufa Tower in Shanghai’s Lujiazui financial district from a vehicle controlled by HNA Group for RMB 2.75 billion ($402… Read More>>
A joint venture invested by Sunac China is selling an under-construction commercial project in Shanghai’s Lujiazui area to an insurer controlled by mainland sovereign wealth fund CIC for RMB 3.09 billion ($390 million), according to an announcement to the Hong… Read More>>
At the top of today’s news, Singapore’s sovereign wealth fund GIC is partnering with a group of global investors to shell out $5.4 billion for a controlling stake in the property business of France’s AccorHotel. Also in the headlines, debt-strapped… Read More>>
Pressure from e-commerce is focusing physical retail on the appeal of shopping as a social activity. Leveraging the social aspect effectively will require creating distinctive, attractive shopping environments.
Building a social retail hub is one of the central themes of… Read More>>
Shanghai’s Grade A office market is expected to nearly double by 2020, reaching 13 million square metres and surpassing Hong Kong as the largest commercial market in Greater China according to a pair of studies released today.
Despite recent the… Read More>>
China’s state-run real estate developers might be getting more market-oriented, or it could be that someone in the Shanghai city government realises that leasing out 220,000 square metres of office space is not a matter to be lef to chance.
In any case, the state-owned developers of the Shanghai Tower, have announced that they are seeking leasing agents to help fill the building.
Here is a list of the day’s latest China real estate news collected from around the web:
China’s property sector has been a reliable money-spinner even in… Read More>>
Mingtiandi is usually known more for words than for images, but sometimes a photo tells the story of China’s real estate industry better than any amount of analysis.
Below is an image of the Shanghai Tower under construction in Pudong’s… Read More>>
A topping-out ceremony was held on Saturday for what is, for now, China’s tallest building when the final beam was hoisted to the top of the Shanghai Tower.
At 632 metres and 121 stories, the project will be second only… Read More>>