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Adrian Cheng, CEO and executive vice-chairman of New World Development

Hong Kong’s New World Sells Stake in Shenzhen Office Tower to Cheng Family for $198M

2024/06/27 by Kevin He Leave a Comment

New World Development has sold its 30 percent stake in an office tower in Shenzhen’s Nanshan district to a vehicle of the Cheng family who control the Hong Kong-based builder, as the company continues to lower its leverage.

The HKEX-listed… Read More>>

Ascendas REIT 16 Kangaroo Ave

Ascendas REIT Buys Sydney Logistics Project for S$21M and More Asia Real Estate Headlines

2020/07/02 by Michael Cole Leave a Comment

The latest investment in Australia by a Singapore-listed fund leads today’s collection of real estate headlines here on Mingtiandi, as Ascendas REIT adds a new logistics project to its Aussie portfolio.

Also in the news, as its… Read More>>

Henry Cheng New World

New World JV Bets $1.9 Bil on 4 Projects in Shenzhen’s Qianhai

2016/12/11 by Michael Cole Leave a Comment

Hong Kong’s New World Development has become the latest builder to bet big on the Shenzhen market following a record-breaking real estate run in China’s southernmost megacity.

The Hong Kong developer’s New World China Land subsidiary on Thursday successfully bid… Read More>>

Wang Jianlin Jack Ma

Wang Jianlin Fends Off Jack Ma to Remain China’s Richest Man and More Asia Real Estate Headlines

2016/10/13 by Michael Cole Leave a Comment

Leading the news today, Wanda boss Wang Jianlin has kept his title as China’s richest man, according to at least one survey. Elsewhere the headlines are dominated by efforts to control, exploit or otherwise have fun with the flow of… Read More>>

Vanke Qianhai

Vanke Wins Approval for China’s First REIT

2015/06/10 by Michael Cole Leave a Comment

Vanke lost its title of China’s largest developer last year to Shanghai’s Greenland Group, but the Shenzhen-based home builder won a different prize this week by securing the right to launch China’s first real estate investment trust (REIT).

The REIT… Read More>>

Vanke President Yu Liang

Vanke’s 60k Sqm Qianhai Project Now 80% Leased

2014/04/29 by Michael Cole Leave a Comment

Qianhai is Shenzhen’s answer to Shanghai’s Free Trade Zone, and investor enthusiasm for the special economic zone is already paying dividends for China Vanke.

According to a recent story in the South China Morning Post, a new 60,000 square metre… Read More>>

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