Shui On Land which developed one of China’s landmark real estate projects in Shanghai nearly two decades ago, has agreed to sell off a set of projects in Chongqing to China Vanke for RMB 4.1 billion ($598 million), according to… Read More>>
Li Ka-shing Predicts 2 More Years of HK Home Price Hikes and More Asia Real Estate Headlines
Hong Kong’s richest man can’t take it with him, but he can still shed tears of joy over the cash he’s making from the city’s booming real estate market, while Vincent Lo convinces an SCMP reporter that Shui On is… Read More>>
Shui On Said Selling Stake in Shanghai Project for $1.6 Bil
Shui On Land, in a bid to pare its debts, is reported to have signed a memorandum of understanding with a buyer to sell off a 50 percent stake in its Ruihong Xincheng mixed-use project for RMB 8 billion ($1.16… Read More>>
Shui On to Sell Shanghai Homes for RMB 300k Per SQM and More Asia Real Estate Headlines
Shanghai-based Shui On Land is hoping the city’s property boom lasts long enough for it to sell homes near its Xintiandi complex for RMB 300,000 ($44,000) per square meter, while on the Hong Kong stock exchange, investors are already selling… Read More>>
Shui On Land Still Troubled by Debt After RMB 16B in Asset Sales
Shui On Land’s earnings are not expected to bounce back this year, and the real estate developer remains troubled by balance sheet issues, despite selling landmark properties for more than $2.5 billion over the last two years.
According to a… Read More>>
Shui On’s Vincent Loh Among Industry Leaders at ULI Meeting in Shanghai
More than 500 real estate leaders from Asia and beyond have gathered in Shanghai this week to discuss the future of property development in the region at the Urban Land Institute APAC Summit.
The keynote session of the three-day industry… Read More>>
When Donald Trump Sued Vincent Lo and Henry Cheng for $1 Bil
Earlier this month US presidential candidate Donald Trump said China was “raping” the US with unfair trade practices, and now it has emerged that the New York real estate tycoon may have a history of hurling accusations at Chinese, including… Read More>>
Country Garden Buys Foshan Project from Shui On for RMB 1.7 Bil
Hong Kong-based developer Shui On Land continued to part with once-prized assets this month by selling a project in Foshan, Guangdong province to mainland developer Country Garden for RMB 1.73 billion ($267 million).
Shui On, which once rebuilt the concept… Read More>>
Greater China Real Estate People in the News 2016-03-07
There were too many new faces in new places this week to fit into this column, so the news about a regional real estate downturn doesn’t seem to have put a lid on new job opportunities in Greater China. This… Read More>>
Country Garden Says It Will Take Over Shui On Project in Foshan
Mainland developer Country Garden announced recently that it has signed a preliminary agreement with Shui On Land to buy a major stake in the Hong Kong-listed builder’s Foshan Lingnan Tiandi project in the southern Chinese city of Foshan. A report… Read More>>
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