Shanghai has cancelled four planned land sales worth a total of more than RMB 5.41 billion ($796.4 million) in less than a month, as restrictions on the country’s real estate market dampen developer demand for new sites.
No reason was… Read More>>
Vanke, China Merchants Shekou Pick Up RMB 6.2B in Shanghai Sites
Shanghai sold a pair of residential sites for a total of RMB 6.2 billion today as China Vanke and China Merchants Shekou swooped on the new projects in the city’s Qingpu District.
The set of transaction pave the way for… Read More>>
Colliers Appoints Martin Chavez to Head China Corporate Client Team
Colliers International this week announced the appointment of former Cushman & Wakefield executive Martin Chavez as Senior Director of Corporate Solutions for Asia Pacific as the international property consultancy continues to add to its top management team in the region.
Shui On Leads RMB 13.6B Purchase of Commercial Site Near Shanghai’s Xintiandi
In a joint effort with a pair of state-owned mainland partners, Xintiandi developer Shui On Land has won a government tender for a 78,256 square metre (842,340 square foot) prime commercial site near Shanghai’s Huaihai Lu with a bid of… Read More>>
RMB 7.1B Hongkou Site Leads Set of Four Upcoming Shanghai Land Tenders
Shanghai put four commercial and residential land parcels up for tender this past week, making available new sites valued at a combined RMB 13.7 billion ($2 billion), across three districts of the municipality. The projects are expected to yield at… Read More>>
Nova, InfraRed NF Pay RMB 465M to Add Shanghai Mall to Rental Apartment Pipeline
Warburg Pincus-backed Nova Property Investment has joined forces with Hong Kong-based real estate investment manager InfraRed NF to acquire a Shanghai shopping centre for RMB 465 million ($73.8 million) as the real estate development startup continues to build up its… Read More>>
InfraRed NF Adds Former Phoenix, Ping An Directors to Shanghai Team
Hong Kong-based real estate investment manager InfraRed NF has brought on board a pair of new investment directors to strengthen its team in Shanghai as the private equity real estate investment firm expands its operations in mainland China.
Ivan Fang… Read More>>
Warburg Pincus-Backed Nova, Sunac Buying Shanghai Square Mall for RMB 1.9B
Less than three months after announcing a RMB 20 billion fund to redevelop commercial properties in China’s first tier cities, Warburg Pincus-backed Nova Property and Sunac China Holdings have teamed up to acquire a pair of commercial buildings in Shanghai’s… Read More>>
Hongkong Land, Shui On Said Vying For RMB 13.6B Site Near Shanghai’s Xintiandi
One of the highest profile early entrants to the Shanghai property market is facing off against the biggest landlord in Hong Kong’s Central district in the final bidding for a prime commercial site in Shanghai’s Huangpu district expected to sell… Read More>>
FILA Relaunches Shanghai Flagship Store on East Nanjing Road
Global sportswear brand FILA has relaunched its flagship store in Shanghai, celebrating the opening of its largest retail space in Greater China. The expanded and upgraded venue in the Mosaic Shanghai mall on East Nanjing Road now covers 867 square metres… Read More>>
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