Just over one year after forming a joint venture with GIC to acquire and manage value-add commercial real estate assets in mainland China, investor and fund manager Hong Kong Shanghai Alliance (HKSHA) is close to completing its first project under… Read More>>
Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial property in Shanghai’s Zhangjiang High Tech Park for RMB 493 million ($69.23 million), according to an announcement by the Singapore-listed developer on Friday.
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 Greenland Group said it has taken full ownership of a suburban Shanghai shopping centre after paying RMB 2.35 billion ($33 million) to buy out its partner in the project.
Greenland Group acquired the 50 percent stake in that it… 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>>
Lujiazui Group, the largest state-owned developer in Shanghai’s Pudong district has agreed to pay RMB 9.1 billion ($1.28 billion) to acquire a mixed-use site in the city’s Zhangjiang High Tech Park, according to an announcement last week by the Shanghai… Read More>>
Real estate consultancy Knight Frank has continued to add to its mainland China team, naming Ying Shin Lee this month as Managing Director of its Shanghai office.
Lee joins the UK-based firm after spending nearly a decade with GE’s global… Read More>>
KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic Bund waterfront, according to people familiar with the matter.
The US private equity pioneer is making the investment through a joint venture that… Read More>>
Dai Zhikang, the founder and legal representative of Shanghai-based property and finance conglomerate Zendai Group, has surrendered to the police after his company was brought under investigation for illegal fund raising with regard to a RMB 10 billion ($1.4 billion)… Read More>>
A unit of Indonesia’s Sinar Mas Group won approval this month to issue China’s largest ever commercial mortgage-backed security (CMBS) based on a single real estate asset, according to a recent announcement by the Shanghai Stock Exchange.
Sinar Mas’ mainland… Read More>>