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Four Seasons resorts in Jackson Hole, Wyoming

China’s Dajia Tries for $1B Sale of 3 US Hotels and More Asia Real Estate Headlines

2022/06/03 by McDowell Ramintas Leave a Comment

The successor to China’s Anbang Insurance leads today’s list of headlines from around the region as the state-run finance firm looks for an opportunity to sell off part of a luxury hotel portfolio. Also in the news, Shanghai and Beijing… Read More>>

serene nah kerry

Kerry Buys Piece of Central Shanghai Megaproject Site for $2.1B

2022/01/05 by Christopher Caillavet Leave a Comment

Hong Kong-listed developer Kerry Properties on Tuesday revealed details of a supersized mixed-use project in Shanghai’s central Huangpu district after acquiring the land use rights to four development plots for RMB 13.3 billion ($2.1 billion).

Kerry, which previously developed the… Read More>>

Victor Cha

HKRI Wins Suburban Shanghai Residential Site With $130M Bid

2021/12/02 by Christopher Caillavet Leave a Comment

Hong Kong Resorts International has made a successful bid of RMB 830.4 million ($130.3 million) for a residential plot in Shanghai’s southwestern suburbs, as the developer continues to seek expansion opportunities in the mainland’s Yangtze River Delta region.

HKRI’s latest… Read More>>

Wilson Chen, Tishman Speyer China CEO

Tishman Speyer JV Pays $800M for Commercial Site in Shanghai’s Changning District

2021/11/18 by Christopher Caillavet Leave a Comment

Tishman Speyer is once again making moves in its favourite Asian megacity, with the US developer today announcing that it had successfully led a RMB 5.09 billion ($800 million) purchase of a plot in Shanghai’s Changning district for a future… Read More>>

Serene Nah of Kerry Properties

Kerry-GIC JV Buys Mixed-Use Site in Shanghai’s Pudong District for $930M

2021/02/28 by Christopher Caillavet Leave a Comment

Hong Kong-listed developer Kerry Properties has teamed up with the real estate arm of Singapore sovereign wealth fund GIC to purchase a piece of Shanghai land designated for a retail-led mixed-use development.

Kerry announced Wednesday that it had won a… Read More>>

xu jiayin tb evergrande

Evergrande Buys Project in Shanghai’s Hongkou District for RMB 2.3B

2020/09/21 by Michael Cole 1 Comment

China Evergrande has added to its project pipeline in Shanghai, with the top mainland developer winning a government land auction of a Hongkou district site this past week.

The Shenzhen-based builder outbid state-run giant China Poly Real Estate to win… Read More>>

Logan Group

Logan Group Buys Shanghai Residential Plot for RMB 2.4B

2020/07/15 by Skye Li Leave a Comment

Shenzhen-based Logan Group won a residential plot in Shanghai’s Yangpu District at a recent government land auction with a bid of RMB 2.381 billion ($340.7 million), marking the developer’s first foothold in China’s commercial capital.

Known until recently as Logan… Read More>>

mi chunlei thumb

Private Shanghai Developer Braves Pandemic to Pay RMB 6B for Jing An Site

2020/04/23 by James Hatton Leave a Comment

A little-known mainland developer has braved the economic uncertainty caused by the COVID-19 pandemic to buy a commercial site in central Shanghai’s Jing An district for RMB 6 billion ($850 million), according to a government announcement.

Lanhai Holdings Group, which… Read More>>

Shanghai Authorities Nab COLI, CR Land Execs Over Rigged Land Sale

2020/04/16 by James Hatton Leave a Comment

Shanghai authorities have detained executives at China Resources Land and China Overseas Land & Investment (COLI), after a government auction for a prime slice of residential land in Hongkou district aroused suspicion when all bids came in at the publicly… Read More>>

Ben Keswick Hongkong Land

Hongkong Land Pays Record RMB 31B for Site in Shanghai’s Xuhui District

2020/02/21 by Michael Cole 1 Comment

In the midst of one China’s most acute economic setbacks in the last two decades, the biggest landlord in Hong Kong’s Central district has agreed to pay a record RMB 31.05 billion ($4.48 billion) for a development site in Shanghai’s… Read More>>

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