Grade A office rents in Shanghai continued their downward slide in the fourth quarter of 2019 as the citywide vacancy rate hit 20 percent, according to a report published by Cushman & Wakefield this week.
Amid a glut of space… Read More>>
CapitaLand and AEW Buy 70% of Shanghai Office Tower From HNA for RMB 2.75B
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>>
Sunac JV Selling Pudong Commercial Project to CIC Insurance Unit for RMB 3.1B
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>>
GIC Joins $5.4B Bet on AccorInvest and More Asia Real Estate Headlines
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>>
Creating a Riverfront Retail Destination at Harbour City in Shanghai Sponsored Feature
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 Office Market Predicted to Surpass Hong Kong by 2020
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>>
Shanghai Tower Seeks Help to Lease Out 220k Sqm of Office Space
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.
China Property Firms See New Market in Old Age Homes – and more of Today’s China Real Estate Links | October 29, 2013
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>>
Pic of the Week: Pudong Pinnacles
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>>
Shanghai Tower Tops Out – Is Now China’s Tallest
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>>