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zhang yuliang greenland

Greenland Group Sells Bund Centre Tower to Bank of Shanghai for RMB 4.9B

2020/06/01 by James Hatton Leave a Comment

A joint venture between Greenland Group and the Shanghai government has agreed to sell one of the commercial towers in its RMB 100 billion ($14 billion) Greenland Bund Centre to Bank of Shanghai, just five months after Haitong Securities purchased… Read More>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Forced to Restructure Financing for 71,000 Sqm Shanghai Office Project

2020/05/28 by James Hatton Leave a Comment

A fund managed by Phoenix Property Investors has been forced to restructure the capital structure for a commercial project in Shanghai’s Jing An district, according to an announcement to the Hong Kong stock exchange today as the COVID-19 crisis disrupts… Read More>>

Vincent Lo Shui On

Shui On Plans Xintiandi in the Suburbs with RMB 2.1B in Shanghai Land Buys

2020/05/27 by James Hatton Leave a Comment

Shui On Land spent RMB 2.1 billion ($290 million) buying four parcels of land in Shanghai in just three days last week, as the developer assembles the pieces for an urban redevelopment project which it hopes will rival the success… Read More>>

peng xinkuang sre group

China Minsheng Unit Offloading 51% Stake in Shanghai Project as Losses Mount

2020/05/26 by James Hatton Leave a Comment

SRE Group is seeking a buyer for its 51 percent stake in a mixed-use project in Shanghai, as the unit of China Minsheng Investment Group tries to stem escalating losses in the wake of an embezzlement scandal that saw its… Read More>>

Charles Ma Greystar

Greystar Unveils First China Apartment Project in Shanghai

2020/05/20 by James Hatton Leave a Comment

Greystar Real Estate Partners has begun marketing its maiden project in China, as the US-based multi-family developer and operator notches another milestone in its Asia expansion.

Dubbed LIV’N 833, the upscale rental housing project is set to open in Shanghai… Read More>>

masa son softbank

SoftBank Slashes WeWork Valuation to $2.9B and More Asia Real Estate Headlines 

2020/05/19 by James Hatton Leave a Comment

The changing fortunes of a co-working firm lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Softbank has slashed its valuation of its once-prized investment to $2.9 billion from $47 billion last year.

… Read More>>

AXA Tower

Alibaba Takes on Half of S$365M Debt in SG’s AXA Tower Deal and More Asia Real Estate Headlines

2020/05/14 by James Hatton Leave a Comment

A S$1.7 billion ($1.2 billion) Singapore commercial redevelopment leads Mingtiandi’s round up of Asia real estate headlines today as a stock market announcement reveals that China’s biggest e-commerce player has taken over 50 percent of a S$364.7 million debt obligation… Read More>>

gu gang

HNA Fails to Make Payment on $4B Ingram Micro Buyout Loan

2020/05/10 by Stephanie Li Leave a Comment

A unit of China’s HNA Group has failed to repay $750 million owed from its buyout four years ago of a US technology distributor, as the cash-strapped conglomerate’s credit problems continue to mount despite selling off a Shanghai office tower… 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>>

hans kang infrared nf

InfraRed NF JV Buys $112M Value-Add Commercial Project in Shanghai

2020/04/20 by Michael Cole Leave a Comment

Real estate private equity firm InfraRed NF has joined with a mainland investment start-up to purchase an 84 percent stake in a $112 million commercial complex in Shanghai’s former French concession, according to an announcement last week.

Through a joint… Read More>>

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