Beijing may be tightening up its capital controls, but the government is also taking steps to clear the path for more overseas acquisitons, following a recent move by the State Council. If there is an uptick in cross-border deals, they… Read More>>
Hang Lung’s Ronnie Chan Unsure When Retail Will Recover and More China Real Estate Headlines
One of the region’s most loquacious mall developers has little good to say about the region’s retail market, China’s real estate recovery continues to spread from tier-one cities to areas just next to them, and Wang Jianlin makes a big… Read More>>
Building One New Mall a Year is Easy if You’re Real Estate’s Brad Pitt
Every city where Ronnie Chan’s Hang Lung Properties opens a new mall, there are at least 15-25 other shopping centres being built, according to his own estimates. But the chairman of the Hong Kong-listed developer of Shanghai’s Plaza 66 and… Read More>>
Hang Lung’s Ronnie Chan Gives $20M to USC
Hang Lung Group chairman Ronnie Chan has followed up on his brother’s record breaking gift to Harvard by arranging his own $20 million donation to the University of Southern California.
According to a report on the university’s website, Chan, who… Read More>>
Bankruptcy is Good and Only Buy in Bear Markets Hang Lung Chief Says
Bankruptcy and bear markets are on the way for China’s property sector in 2014 and Hang Lung Properties Chairman Ronnie Chan couldn’t be happier.
I had a chance to speak with Chan when he appeared at a Real Estate Investment… Read More>>
Developer of 530k Sqm Mall Shelves IPO for $740M in Debt
The mall developer controlled by the Philippines’ richest man has announced that it is raising $740 million in debt financing to expand its retail projects in China and its home country, as the company appears to be backing away from… Read More>>
Not Best Time to Buy Land in China Now, Hang Lung Says – and more of Today’s China Real Estate Links | June 28, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
Land prices in China may drop further and… Read More>>
Evergrande to Bet RMB 15 Bil on Harbin Tourism Project
China’s government is encouraging consumer spending — on everything except housing, so it makes sense that the country’s residential real estate developers are diversifying their investments.
For Evergrande that means making a deal with the government of Harbin to develop… Read More>>