China Evergrande leads the news again today after the mainland’s most indebted developer won some extra time to repay its onshore debt. Also making the list, famous US investor Jim Chanos says that cloud providers like Amazon could spell trouble… Read More>>
Shanghai Disney Adds Toy Story Land as Rival Chinese Parks Struggle
Two weeks after a top Chinese government planning body warned against the “blind” construction of theme parks, Walt Disney unveiled the first expansion of its Shanghai Disney Resort with the presence of municipal government representatives sporting grins nearly as large… Read More>>
Asia Real Estate People in the News 2017-09-04
This week in Asia’s collection of real estate professionals taking on new roles, a London-based research veteran finds a new home with a Chinese sovereign wealth fund, a fund manager heads back to Germany from Singapore and a mainland developer… Read More>>
$5.5 Bil Shanghai Disney Resort Greets Visitors With 2-Hour Queues
Tourists in mainland China will now be able to explore Fantasyland, get photographed with Mickey Mouse and ride Dumbo the Flying Elephant at the new Shanghai Disney Resort, which has its grand opening this week. Visitors are already reporting massive… Read More>>
Wang Jianlin Predicts 20 Years of Failure for Disney in Competition With Wanda Parks
China’s richest man, Wang Jianlin, is predicting tough times ahead for Shanghai Disney Resort, the $5.5 billion entertainment project due to open next month in the city’s Pudong district.
Speaking in an interview on CCTV over the weekend, Wang, who… Read More>>
Shanghai Disney Resort 35% Residential Surge is No Fluke
Residential real estate prices near the soon to open Shanghai Disney Resort have surged by 35 percent in anticipation of the resort’s official debut next month. The good news for buyers and developers is that, based on the history of… Read More>>
Marriott Inks Deal for 100 New Hotels in China and More China Real Estate Headlines 2016-02-17
Despite the ongoing predictions of gloom, a major US hospitality chain bets on a 100-hotel joint venture in China. Also, mainland developer shares rise at the same time that some are reporting improved January sales. Read on for all this… Read More>>
Intl Funds Shun Mainland Deals and More China Real Estate Headlines 2016-01-14
Global real estate fund managers are turning their backs on mainland China in favour of Japan and Australia, while Shanghai Disney gives a boost to hotel and retail shares despite the current market turmoil. All this and more in today’s… Read More>>
Leaning Disney Relocation Homes Perfectly Safe Say Officials
Two buildings in Shanghai’s Pudong district that leaned over and began showing cracks after their foundations subsided have been declared safe by government authorities, despite residents’ protests.
Last week the twin 15-storey buildings were found to have leaned so far… Read More>>
Spielberg to Design $3.25B Universal Theme Park in Beijing
The roster of Hollywood names crowding into China’s theme park scene became a bit more crowded this week when Universal Studios announced that it would be teaming with Chinese state-run developers for a $3.25 billion theme park in Beijing.
Universal… Read More>>