Shun Tak Holdings, the Hong Kong-based holding company of casino billionaire Stanley Ho is taking a gamble on a long-stalled Shanghai project, after leading a joint venture which acquired a half-stake in a site along Suzhou Creek, just a quick… Read More>>
Overseas Chinese Town Plans Sale of 50% Stake in RMB 11.5B Shanghai Project
Shenzhen-listed Overseas Chinese Town is selling its 50 percent ownership in a 110,000 square metre, RMB 11.5 billion project in Shanghai’s downtown Jing An district, according to a filing by the state-backed real estate developer to the China Beijing Equity… Read More>>
Overseas Chinese Town Buys Pair of Shenzhen Sites for RMB 4.2B
Hong Kong and Shenzhen-listed real estate developer Overseas Chinese Town Holding has purchased a pair of mixed-use sites in the centre of Shenzhen’s Bao’an district for RMB 4.2 billion ($605 million) at a government land auction on October 10th, according… Read More>>
Sino Land Sells 11,000 Unit Chengdu Project to Shenzhen Developer for $1.3B
Sino Land became the latest Hong Kong developer to unload a mainland project by selling off 80 percent of a residential-led development in the southwestern China city of Chengdu to a Shenzhen-listed developer for HK$10.51 billion ($1.34 billion).
Shenzhen Overseas… Read More>>
Shenzen Site Fetches Record $4.6B as China Crowns New Land King
A record RMB 31 billion ($4.6 billion) joint bid from China Merchants Shekou Industrial Zone Holdings and Overseas Chinese Town won a mixed-use site at Shenzhen’s planned new convention and exhibition center in the southern Chinese city’s Bao’an district, the… Read More>>
Is Kaisa About to Be ‘Municipalised’ by Shenzhen?
The default and distress of Kaisa Group Holdings, a drama that has transfixed the region’s financial markets since the Chinese real estate developer defaulted on a loan to HSBC nearly one month ago, might be headed towards a resolution as… Read More>>
