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zhang wenzhong wumart

Wumart Owner Emerges Victorious in Battle for Western China Retailer

2018/09/18 by Emma Zhou Leave a Comment

The owner of Chinese big-box commerce giant Wumart has won a competition for control of one of western China’s biggest retailers after Wumei Holdings and associated investors increased their stake in Yinchuan Xinhua Department Store to 40 percent, through a… Read More>>

Huang Qisen Tahoe

Developer Tahoe Group Sets Up $3.1B Real Estate M&A Fund

2018/05/08 by Shawna Kwan Leave a Comment

Fuzhou, China-based developer Tahoe Group is setting up a RMB 20 billion ($3.1 billion) mergers and acquisitions fund for real estate investments.

The Shenzhen-listed firm, the real estate arm of conglomerate Tahoe Investment Group, announced last week that it would… Read More>>

Vincent Lo Shui On

Shui On Sells 49% Stake in Shanghai KIC Project for $443M

2017/10/11 by Greg Isaacson Leave a Comment

Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in Shanghai for RMB 2.95 billion ($443.1 million), as chairman Vincent Lo continues to bail out the developer’s balance sheet.

Through… Read More>>

Pua Seck Guan

Stanley Ho’s Shun Tak Pays $216M for 61% Stake in Orchard Road Commercial Complex

2017/02/02 by Michael Cole 2 Comments

Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.

Shun Tak paid… Read More>>

Fosse Park Leicester

Queen of England in Real Estate JV with Chinese Govt to Buy Mall

2014/08/18 by Michael Cole Leave a Comment

The Crown Estate, which manages the Queen of England’s real estate assets, announced late last week that it had joined with an investment-arm of the Chinese government to buy a shopping centre in the UK for £345.5 million ($576.76 million).

… Read More>>

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