Under pressure from the slow-motion collapse of competitor China Evergrande and needing to pay off RMB 12 billion ($1.86 billion) in capital market debt in the next 12 months, the controlling shareholders of Guangzhou R&F Properties worked out a pair… Read More>>
Alibaba, Tencent, Huatai Lead $3B Investment in Evergrande Spin-Off Pre-IPO
Some of Greater China’s largest investors have agreed to pay a total of HK$23.5 billion ($3 billion) for stakes in China Evergrande’s property management unit ahead of an anticipated IPO in Hong Kong, according to an announcement late last week.
JD.Com, Qihoo 360 Buy HK$491M Stake in High-Tech Mainland Property Manager
Mainland e-commerce giant JD.com and internet security provider Qihoo 360 Technology have agreed to buy a combined HK$491 million ($62.87 million) stake in Shenzhen-based residential property manager Colour Life, according to a statement to the stock exchange by the Hong… Read More>>
Comings and Goings: Who’s Changing Jobs in China Commercial Real Estate 2013-11-11
Each week on Mingtiandi we track who among China’s commercial real estate community has left their former role, been promoted, or fallen victim to some bizarre intramural ethnic cleansing campaign.
James Taylor has been promoted over at Jones Lang LaSalle… Read More>>
Comings and Goings | Who’s Changing Jobs in China Commercial Real Estate 2012-12-17
Each week on Mingtiandi we track who among China’s commercial real estate community has left their former role, been promoted or moved to someplace where they may face less pollution but more assault weapons.
Danny Gao is now… Read More>>