Real estate developer Tishman Speyer continues to bet on the China dream with the US company announcing last week that it has secured its first project in Shenzhen, through a RMB 9 billion ($1.35 billion) joint venture with mainland high… Read More>>
Has Vanke’s $6.9B Defense Been Blocked by China Resources?
China Vanke’s RMB 45.6 billion ($6.9 billion) bid to escape a ‘hostile takeover’ from its largest shareholder has been jeopardized after a recently signed agreement apparently failed to get enough votes from the Shenzhen-based developer’s board of directors.
In a… Read More>>
China Vanke Seals $6.9B Deal to Escape Hostile Takeover
The mainland’s largest real estate developer is assured to continue under its current leadership after China Vanke finalised a RMB 45.6 billion ($6.9 billion) agreement to trade shares for sites with the operator of Shenzhen’s subway system.
The agreement, which… Read More>>
Shanghai 2nd-Hand Home Prices Reach Record High and More Greater China Real Estate Headlines
It’s dragon boat day here on the mainland, but there’s still news to report, as second-hand home prices in China’s capital reach record levels, and a plan to build the world’s tallest tower in a Chinese second-tier city run afoul… Read More>>
Evergrande Picks Up Shenzhen Site for RMB 2 Bil
Continuing its recent buying spree, Evergrande Real Estate Group has made yet another major purchase, snatching a key Shenzen land parcel in an all-cash deal valued at over RMB 2 billion ($306 million).
Evergrande, China’s largest developer by assets, has… Read More>>
Shenzhen Home Sales Fell by 24% Last Week and More China Real Estate Headlines
A 24 percent drop in weekly home sales in Shenzhen, paralleled by talk of new home sales restrictions in Shanghai could signal serious steps by China’s government to clamp down on raging first-tier housing markets. Meanwhile, slumping mall sales have… Read More>>
China Vanke Signs $9.2B Deal to Make Shenzhen Metro Its White Knight
China Vanke, the mainland’s largest developer by sales, has signed an agreement with Shenzhen’s subway operator to buy a portfolio of sites from the state-owned firm in exchange for Vanke shares.
The deal, which is valued at up to RMB60… Read More>>
Adidas Plans 3,000 New Mainland Stores and More China Real Estate Headlines 2016-03-06
Despite talk of a downturn, China still needs shoes as proven by a global sportswear-maker’s plan to open 3,000 new shops on the mainland. Also, as Shenzhen home prices continue to climb at double-digit rates, the head of one developer… Read More>>
1 Suicide and 11 Arrested Over Shenzhen Landslide — And More China Real Estate Headlines 2016-01-03
The real estate world is back online after a brief holiday respite, and we hope all of you are ready for the deals, data, and other goings-on in 2016. Here’s the biggest real estate headlines for Greater China today:
11… Read More>>
27 People Missing as 22 Buildings Collapse in Shenzhen Mudslide
A man-made mountain built from years of construction waste finally gave way today in a massive mudslide that knocked over 22 buildings and left at least 27 people missing in an industrial park in Shenzhen, China.
The catastrophe hit Liuxi… Read More>>
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