China is about to see its first data centre REITs listed on mainland exchanges with local giant GDS Holdings set to raise RMB 2.4 billion ($335 million) from an IPO this month.
GDS this week announced the final offering price… Read More>>
JD.Com Gets Nod to List $224M Warehouse REIT on Shanghai Exchange
Mainland regulators have given the green light for a real estate investment trust under Chinese e-commerce giant JD.com to list on the Shanghai Stock Exchange, marking the country’s third significant warehouse REIT as demand for logistics space continues to grow.
HNA Finances Probed By Shanghai Exchange as Wheels Come Off Airline Empire
HNA Group’s primary real estate subsidiary, which had overdue credit obligations of RMB 1.3 billion as of 31 December, has been asked by the Shanghai stock exchange to explain apparent financial irregularities regarding its 2018 accounts.
In a notice posted… Read More>>
Most Private Developers May Have Just Lost Access to China’s Bond Markets
The walls continue to close in on small and mid-sized property developers in China after financial regulators reportedly slammed the door to new domestic bond issues for companies not measuring up to newly devised standards. Reports in official Chinese media… Read More>>
Will China’s Stock Collapse Mean Bad News for Its Real Estate Developers?
While a gradual recovery in property sales over the last three months seemed to have bailed out China’s real estate developers, the country’s home builders may have just been dunked back into deep water by a collapse in the country’s… Read More>>
China’s Greenland Group to Go Public Via Backdoor Listing
China’s largest property developer by sales will finally be listed on a mainland exchange after Greenland Group received approval last week from Chinese authorities to inject assets into Shanghai Jinfeng Investment.
The backdoor listing will create China’s largest listed real… Read More>>
Greenland to Go Public as Government Picks Real Estate Winners
Greenland Group, which has gained fame as China’s most aggressive outbound investor, plans to go public this year through a backdoor listing on the Shanghai stock exchange, according to a statement released on Monday.
The public listing of the government… Read More>>
China Real Estate Stocks Drop as Home Price Growth Slackens
After months of record gains in home prices, China’s real estate market showed signs of cooling down this week when official statistics revealed price growth of less than one percent in the country’s first-tier cities. The weakness in property prices… Read More>>