COFCO Property has been given a green light by the China Securities Regulatory Commission (CSRC) to buy back a controlling 64.18 percent stake in Hong Kong-listed commercial real estate developer Joy City Property for RMB 14.76 billion ($2.15 billion), re-integrating… Read More>>
Foreign Investors to Buy 20% of Aussie Offices and More Asia Real Estate Headlines
Leading today’s roundup, foreign investment in Australian commercial properties is still going strong, despite a plunge in Chinese capital flows last year. Also in the news, Macquarie Group’s infrastructure division has teamed up with South Korea’s largest wireless carrier to… Read More>>
Evergrande Seeking $34B Backdoor Listing and More Asia Real Estate Headlines
Wednesday is here and today’s headlines are all about the money. More details have emerged about Evergrande’s $33.9 billion backdoor listing on the Shenzhen Stock Exchange while China Cinda has become the largest shareholder in Modern Land, a mainland developer… Read More>>
Developer China Vanke Moves Stock Listing to Hong Kong
The biggest real estate company in the world’s second largest economy, China Vanke, announced this week that it is moving its stock listing from Shenzhen to Hong Kong.
The move, which was reported in the Wall Street Journal yesterday, allows… Read More>>
China Buys More US Real Estate with $200 Million LA Deal
The latest major purchase of US property by a Chinese developer is the acquisition of a US$200 million Los Angeles project by Oceanwide Real Estate Group (000046.SZ).
According to a recent report in the Wall Street Journal, Beijing-based Oceanwide, which… Read More>>
