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>>
