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>>
Moody’s Predicts Healthier Mainland Developers and More China Real Estate Finance News
Trade wars may be jarring financial markets in Hong Kong and mainland China this week, but the market for mainland developer debt appears to be improving, with one of the major international ratings agencies predicting happier financial times ahead.
In… Read More>>
China Poly Buys Residential Site in Shanghai’s Yangpu District for RMB 4.2B
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>>
Developer Sunshine City Plans RMB 22B in Fund Raising and More China Finance News
Following a modest rebound in home-buying sentiment last week, several large real estate developers in mainland China announced plans to raise new debt financing as competition grows for land purchases.
During this past week, Shenzhen-listed developer Sunshine City revealed that… Read More>>
Taking Co-Living to New Heights in Shanghai Sponsored Feature
When creating their first co-living project, Cohost West Bund, the team at Cohost knew that it was critical to stand out from the typical image of a landlord, in order to capture a more mature and sophisticated tenant. From the… Read More>>
Burberry Shuts Shanghai Flagship Store in Global Retrenchment
Burberry closed the doors to its flagship store in Shanghai on March 31st, according to local media accounts, as the brand that made trench coats trendy shuttered its fourth shop in China’s commercial capital within the last eight months.
By… Read More>>
Brookfield Buys Shanghai Complex From Greenland for RMB 10.6B
Canada’s Brookfield Asset Management has agreed to purchase a commercial property project in Shanghai’s South Bund area from Greenland Hong Kong at a valuation of RMB 10.57 billion ($1.7 billion) according to a stock exchange filing today by the Shanghai-based… Read More>>
Sunac Pays RMB 1.16B to Add Pair of Shanghai Land Parcels to Pipeline
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>>
Keppel Land, Alpha Acquire RMB 4.6B Shanghai Yi Fang Tower
Keppel Capital and Keppel Land, along with a consortium of co-investors have signed an agreement to acquire 100 percent of the equity in a recently completed commercial development in Shanghai’s Hongkou district for RMB 4.6 billion ($686 million), according to… Read More>>
Dalian Wanda Buys Shanghai Commercial Site for RMB 575M
China’s largest commercial developer is set to add to its portfolio of nearly 300 shopping malls after Dalian Wanda Commercial Management Group purchased a site in southern Shanghai for RMB 575 million ($85.5 million).
Wanda Commercial, the development unit of… Read More>>
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