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Salesforce to Anchor Lendlease, Ping An, Mitsubishi JV in Sydney and More Asia Real Estate Headlines

2019/10/02 by James Hatton Leave a Comment

A skyscraper down under leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a three-way joint venture between a major Australian property group, a Tokyo-based developer and the real estate arm of a… Read More>>

Sun Hung Kai Raymond Kwok

Sun Hung Kai Teams Up with Ping An to Win Hangzhou Site for RMB 13.26B

2019/08/11 by Jan Kot Leave a Comment

A joint venture between Sun Hung Kai Properties and Ping An Insurance has won a land parcel in Hangzhou for RMB 13.26 billion ($1.88 billion), earning the right to develop 857,700 square metres (9.23 million square feet) of commercial and… Read More>>

Ma Mingzhe Ping An

Ping An Spends RMB 4.2B to Boost Stake in Mainland Developer CFLD to Over 25%

2019/02/02 by Jan Kot Leave a Comment

Chinese financial giant Ping An has increased its stake in top ten mainland builder China Fortune Land Development (CFLD) to 25.25 percent, less than seven months after it acquired nearly one fifth of the group to become its second largest… Read More>>

KPF’s Lotte World Tower in Seoul Wins Super Skyscraper Title

2018/12/18 by Vincent Morkri Leave a Comment

The cloud-breaching Lotte World Tower in Seoul has been recognized as the best new skyscraper in the world, beating out Zaha Hadid Architects’ Generali Tower in Milan and 150 North Riverside Plaza in Chicago.

The tapered 555-metre, 123-storey glass and… Read More>>

Xuewen

CFLD Gets RMB 6B Funding Injection From Ping An

2018/12/13 by Emma Zhou Leave a Comment

China Fortune Land Development (CFLD) has announced to the Shanghai Stock Exchange that it will accept debt financing of up to RMB 6 billion ($870 million) from Ping An Asset Management, the second-largest shareholder in the developer and a unit… Read More>>

Wu xiangdong CFLD

Asia Real Estate People in the News 2018-12-10

2018/12/10 by Vincent Morkri Leave a Comment

The game of musical chairs continued at mainland developers over the week, with China Fortune Land pilfering yet another executive from rival China Resources Land. Wu Xiangdong joined Yu Jian in leaving China Resources Land for China Fortune Land Development,… Read More>>

7. Ma Mingzhe, CEO, China Pingan

CFLD Aims to Join China’s Top Three Developers via Partnership with Ping An

2018/11/07 by Emma Zhou Leave a Comment

Top ten mainland builder China Fortune Land Development (CFLD) this month announced that it is welcoming three senior executives from Ping An Insurance to take leading roles at the developer, just three months after the insurer paid RMB 13.8 billion… Read More>>

Ping An Ma Mingzhe

Ping An Ups CFLD Stake to 20% for $2B as Developers Scramble for Cash

2018/07/11 by Richard Meyer Leave a Comment

A unit of Chinese financial giant Ping An is acquiring almost a fifth of China Fortune Land Development (CFLD) in the group’s third major acquisition of a stake in a top publicly listed developer in the last three years.

The RMB… Read More>>

7. Ma Mingzhe, CEO, China Pingan

China’s CIRC Follows Anbang Takeover with Ping An Punishment in Outbound Investment Crackdown

2018/02/26 by Shawna Kwan 2 Comments

Chinese insurers’ $15 billion overseas real estate shopping spree may go on the endangered list, as the country’s insurance regulator reprimanded three major insurers for illicit cross-border investments Saturday. The move is part of the regulator’s efforts in reining in… Read More>>

HNA Wang Jian

HNA Says Debt Scrutiny is an Anti-Chinese Plot and More Asia Real Estate Headlines

2018/02/08 by Greg Isaacson Leave a Comment

At the top of today’s news, the co-chairman of Chinese super-investor/debtor HNA Group claims that the company is a victim of a plot by dastardly reactionary forces. And speaking of cross-border investment, a premium condo tower in San Francisco backed… Read More>>

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