Despite the gloomy outlook for the mainland property market K Wah International Holdings teamed with two state-owned partners in a government land sale to purchase a mixed-use site in Shanghai’s Xuhui district for the reserve price of RMB 3.73 billion… Read More>>
5 Principles of Smart Development Sponsored Feature
ANKEN as a development group has not had a typical trajectory. Alexandra Chu and David San Roman, an architect and an urban planner, came to a city as outsiders at a time of rapid growth, energy and optimism. They saw… Read More>>
Swire Boss Signs Deal for Pudong Mega-Project During China Tour
Swire Properties’ chief executive Tim Blackburn has concluded a fruitful trip to mainland China, securing a deal last week to develop a new mixed-use project in Shanghai’s Pudong district, breaking ground for Swire’s second luxury retail project in Guangzhou and… Read More>>
Brookfield Buys Shanghai Rental Housing Project From R&F, KWG for $180M
Brookfield has leveraged the potential of China’s rental housing market and the financial distress of some of the country’s largest developers to acquire a serviced apartment project in Shanghai’s Yangpu District for RMB 1.26 billion ($180 million) as the first… Read More>>
DNE Group Gets Nod for China’s First Privately-Sponsored REIT
A logistics fund sponsored by a Warburg Pincus-backed industrial developer is on track to become China’s first REIT sponsored by a private company after receiving a green light from mainland authorities this past week.
The status of the listing application… Read More>>
Swire Mall in Shanghai Apologises for Violating Data Privacy Rules
Taikoo Li Qiantan shopping mall, a Swire Properties joint venture in Shanghai’s Qiantan area, has apologised for violating Chinese data privacy rules after it shopping app caught the attention of a local consumer watchdog.
The state-run Shanghai Morning Post said… Read More>>
Shanghai Zendai Property Boss Quits After Profit Warning
The chief executive of Shanghai Zendai Property has resigned in the latest setback for the chequered Chinese real estate company.
Zhang Zelin tendered his resignation “due to other business commitments”, the company said in a Hong Kong Stock Exchange filing… Read More>>
China Merchants Shekou Buys Five Shanghai Sites for $1.3B
China Merchants Shekou Industrial Zone Holdings is doubling down on its expansion in Shanghai, spending RMB 8.74 billion ($1.3 billion) this past week to pick up stakes in five sites in China’s commercial capital.
In Shanghai’s second land auction of… Read More>>
ESR Buys Business Park in Shanghai’s Pharma Valley as First Life Sciences Asset
ESR has acquired a business park in the Shanghai biotech cluster known as Zhangjiang Pharma Valley, marking the industrial specialist’s first-ever life sciences asset.
Hong Kong-listed ESR bought the two-building campus from mainland developer Yango for an undisclosed price earlier… Read More>>
CapitaLand Sets Up First Onshore RMB Fund, Buys Shanghai Building
CapitaLand Investment (CLI) said Wednesday it has set up its first onshore renminbi fund in China with the vehicle acquiring an office building in Shanghai.
CLI holds a 12% stake in the RMB 700 million ($98 million) fund, in partnership… Read More>>
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