Madam Tussauds owner Merlin Entertainments plans to open a Legoland resort in Shanghai to cash in on the rising family tourism market in China, according to a statement this week by the company, which is in the process of… Read More>>
Shui On Land Wins Pair of Shanghai Sites for Combined RMB 5.74B
Hong Kong-listed Shui On Land agreed to pay a combined RMB 5.74 billion ($820 million) for a pair of Shanghai development sites last week, picking up one each on Thursday and on Friday.
The two new sites include a 15,258… Read More>>
Soho China Said Flogging RMB 61B in Beijing, Shanghai Projects
Soho China is said to be looking to sell a RMB 61 billion ($8.6 billion) portfolio of commercial properties in Beijing and Shanghai, with potential buyers including Blackstone and Singapore sovereign wealth fund GIC.
The portfolio is said to consist… Read More>>
Knight Frank Hires Danny Zheng as Director of Capital Markets for Shanghai
Knight Frank has hired former Sunac and CBRE executive Danny Zheng as director of capital markets for Shanghai, according to a company announcement.
In his new role as a director with the UK-based firm, Zheng will be working with Knight… Read More>>
Building A Value-Add Strategy for Shanghai Sponsored Feature
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 Buys Office Building in Shanghai’s Zhangjiang High Tech Park for RMB 493M
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 Wins Residential Site in Shanghai’s Qingpu District for RMB 3.09B
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>>
Greenland Group Pays RMB 2.35B to Buy Out Shanghai Retail JV
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>>
China Enterprise Wins Shanghai Residential Site for RMB 3.8B
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 Pays RMB 9.1B for Site of Shanghai’s First Suburban Supertall
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>>
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