Hong Kong-listed developer Shui On Land Ltd and the UK’s family held Grosvenor Group have agreed to form a 50:50 joint venture to purchase the Nanjing International Financial Center office tower for RMB 1.62 billion ($250 million), according to an… Read More>>
Li Ka-shing’s Cheung Kong Boosts Profits 10% on China Deals
Asia’s richest man managed to raise profits at his primary property firm by 10 percent in 2013 by selling off properties in China, even as the contribution from the company’s Hong Kong operation fell into a slump.
Cheung Kong Holdings… Read More>>
Li Ka-shing-Backed ARA Fund Completes RMB 2.48B Sale of Nanjing IFC
Real estate services firm Jones Lang LaSalle (NYSE: JLL), announced today that its client – ARA Asia Dragon Fund – had concluded the en-bloc sale of Nanjing International Finance Center to SanPower Group for a total transaction value of RMB… Read More>>