Asia real estate and outbound investment news
Sunac China Holdings has won a residential plot in Shanghai’s suburban Qingpu district, agreeing to pay the city government a total of RMB 3.09 billion ($430 million) for the site, according to an announcement by the Shanghai Land Exchange.
The… Read More>>
State-backed China Enterprise has shouldered aside a pair of competing bids from China Vanke and China Resources Land to win a residential site in Shanghai’s Yangpu district for just over RMB 3.81 billion ($540 million), according to an announcement by… Read More>>
Guangzhou-based Poly Developments and Holdings has agreed to pay RMB 2.5 billion ($355 million) for a combined residential and commercial site in Shanghai at a government auction, according to an announcement by the Shanghai Land Exchange.
The state-owned developer won… Read More>>
Hong Kong’s Nan Fung International Holdings has won the rights to a commercial plot in Shanghai’s Changning district after the developer agreed to pay RMB 2.4 billion ($352 million) to purchase the site at a government land auction this past… Read More>>
Guangzhou-based Poly Developments and Holdings, formerly known as Poly Property Group, has won a Shanghai residential site for RMB 4.179 billion ($621 million) at a government auction, according to an announcement by the Shanghai Land Exchange.
The winning bid by… Read More>>
Sunac China won two residential plots in Shanghai’s most distant district on Monday, agreeing to pay the city government a total of RMB 1.16 billion ($170 million) for the sites on Chongming island, according to an announcement by the Shanghai… Read More>>
The Shanghai city government is putting up for tender three new residential sites with a planned construction area of just over 210,000 square meters, bringing its yearly proffering of residential land to more than two million square meters, according to… Read More>>
A subsidiary of mainland shipping giant Cosco made Shanghai’s biggest land buy of September when it picked up a 145,800 square metre (1.57 square foot) mixed-use plot in Baoshan district for the auction reserve price of RMB 4.1 billion ($596.2 million),… Read More>>
In less than three weeks time, China’s third biggest real estate developer in terms of sales made three land purchases in Shanghai, spending more than RMB 12.8 billion ($1.87 billion) on site acquisitions in China’s most prosperous city.
The latest… Read More>>
Despite a government clampdown that has scared developers away from bids for sites at the fringes of Shanghai and other major cities, a site in the Chinese commercial hub’s Xuhui district still proved appealing enough to persuade China Vanke to… Read More>>
