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>>
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>>
Shui On Completes $701M Sale of Dalian Tiandi to Yida China
Vincent Lo’s Shui On Group has closed on the RMB 4.65 billion ($701 million) sale of its Dalian Tiandi mixed-use project to Chinese business park builder Yida China Holdings, six months after the transaction was first announced.
Completion of the… Read More>>
Shui On Sees Sales Slump in First Two Months of 2018 and More Asia Real Estate Headlines
At the top of today’s news, Shanghai-based Shui On Land didn’t sell off any projects in the first two months of the year, causing some dismal looking results for the Xintiandi developer. There’s better news in Singapore, which was ranked… Read More>>
City Sees HK$56B of Property Sales in Jan and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city has sold HK$56.4 billion worth of properties in just 26 days in January. Also in the headlines, a Hong Kong property tycoon says the city’s real estate market will be dominated… Read More>>
Shui On Group’s $701M Dalian Project Sale Hits a Snag
Companies belonging to Shui On Group have signed contracts to sell over RMB 8 billion in projects in the past two months, but the Shanghai-based property firm may have to wait a bit longer to receive at least half that… Read More>>
Asia Real Estate People in the News 2017-11-27
Sometimes, the biggest HR news in the real estate world involves people staying put, such as the re-election of the chairman of one of the world’s largest construction firms. There have been plenty of job changes too, with a Singaporean… Read More>>
Shui On Sells Dalian Tiandi to Yida China in $701M Deal
Shui On Land is selling off its mixed-use Dalian Tiandi project to a Chinese business park builder in a deal totalling RMB 4.65 billion ($701 million), marking the latest in a seemingly endless series of asset sales by the developer… Read More>>
Shui On Sells 49% Stake in Shanghai KIC Project for $443M
Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in Shanghai for RMB 2.95 billion ($443.1 million), as chairman Vincent Lo continues to bail out the developer’s balance sheet.
Through… Read More>>
New World Plans Kowloon West Commercial Hub and More Asia Real Estate Headlines
Leading today’s headlines, one of Hong Kong’s biggest developers hopes to cash in on the city’s hunger for commercial space by fostering a new commercial hub in Kowloon West, while one of China’s biggest developers of homes now hopes to… Read More>>
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