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 Lo 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>>
CPPIB and Goodman Commit $1.25B for Logistics and More China Real Estate Headlines 2015-12-29
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
CPPIB and Goodman Commit $1.25B More for China Logistics
Canada Pension Plan Investment Board (CPPIB) and Australia-based integrated property firm Goodman… Read More>>
Shui On Selling Corporate Avenue 3 to HK Sauce Maker and Vanke for RMB 5.7B
Shui On Land parted with another jewel in its crown of downtown Shanghai assets yesterday when the Hong Kong-listed developer agreed to sell the Corporate Avenue 3 building to a unit of oyster sauce heavyweight Lee Kum Kee and developer… Read More>>
Xintiandi Developer Shui On Land Appoints Douglas Sung as CFO
Shui On Land announced today that it has appointed Douglas Sung He Hau as the Hong Kong-listed developer’s new chief financial officer, replacing interim CFO Frankie Wong Yuet Leung.
In a statement to the Hong Kong stock exchange dated today,… Read More>>
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