Swire Properties has announced its second exit from a Miami project in less than one month with the Hong Kong-listed developer saying late Friday that it has sold its 75 percent stake in the Brickell City City Centre mall for… Read More>>
Swire Seeks Buyer for Miami Supertall Office Project After Pre-Leasing Struggle
After denying that a landmark Miami project was for sale last May, Swire Properties is bowing to lacklustre pre-leasing demand and seeking a buyer for the office development planned as the city’s tallest skyscraper upon completion.
The Hong Kong builder… Read More>>
Swire Denies Attempting to Sell Miami Project as Market Slides
Ten months after starting to clear the site for an office development which is planned to be Miami’s tallest skyscraper upon completion, Swire Properties has shopped the project to potential buyers, according to a Wall Street Journal report this week,… Read More>>
Swire Sells Florida Development Project to Kushner JV for $49M
Hong Kong’s Swire Properties has sold another piece of its Florida real estate portfolio for $49 million, as the blue chip developer continues to liquidate assets at the same time that its parent, Swire Pacific, struggles to deal with ongoing… Read More>>
Swire Properties Sells Miami Hotel in $174M Deal as Asset Sales Continue
Swire Properties last week announced the sale of a Miami hotel in a $174 million deal which brings the unit of Hong Kong conglomerate Swire Pacific’s stack of asset disposals to nearly $1.9 billion since July of last year.
The… Read More>>
Swire Adds Residential Project To Its Miami Portfolio
Hong Kong-based developer Swire Properties is expanding its US footprint by teaming up with a Colombian businessman to build a condo tower across the street from its Brickell City Centre project in downtown Miami.
Swire will develop a 72,000 square… Read More>>
Chinese SOE Builder Reassures Bond-Holders After Govt Forces Change in Control
China City Construction (International) Co (CCCI) moved to reassure bond-holders on Friday after control of the Hong Kong-listed construction and real estate firm’s Beijing-based parent company was transferred to a privately managed mainland investment fund.
The transfer in ownership which… Read More>>
China Real Estate News Around the Web 2015-08-09
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Dalian Wanda Bidding $850 Mil for Parent Co of Ironman Triathalon
Chinese property and investment firm Dalian Wanda Group is in… Read More>>
Chinese Developers Discover Miami with Purchase of $74.7M Site
China’s real estate investors finally discovered the southern US as an affiliate of a major Chinese construction company bought a development site in Miami’s Brickell neighborhood for $74.7 million late last month.
The unit of China City Construction Company, closed… Read More>>