The Chinese yuan has fallen as much as 4.67 percent in the last week, and while the sudden change has been cheered by China’s exporters, it could be bad news for the country’s heavily indebted property developers.
After trading at… Read More>>
Asia Pacific real estate investment news and information
The Chinese yuan has fallen as much as 4.67 percent in the last week, and while the sudden change has been cheered by China’s exporters, it could be bad news for the country’s heavily indebted property developers.
After trading at… Read More>>
Daniel YK Wan has resigned from his post as chief financial officer for Shui On Land, as the highly geared Hong Kong-listed developer struggles to reignite investor enthusiasm.
Wan, who was also an Executive Director and Managing Director at the… Read More>>
This week Greater China’s real estate professionals are not only changing jobs, but shifting across countries and continents in search of the perfect workplace. Plus, a real estate private equity veteran decides the cross-border capital raising business is too tempting… Read More>>
Hong Kong’s Link REIT may be a newcomer to the mainland China property market, but it quickly made up for lost time this week by purchasing Shui On Land’s Corporate Avenue phase one for RMB 6.6 billion ($1.063 billion).
The… Read More>>
For the second time in one week, Shui On Land is said to be close to selling a prime office project in Shanghai, this time for a reported RMB 3.57 billion ($575 million).
The project on the block this week… Read More>>
This week Greater China’s community of real estate professionals continues to keep on the move with a shed specialist turning to private equity, a former forklift champ moving from retail into clean air, and much more. Read on for more… Read More>>
Cash-strapped developer Shui On Land is said to be close to concluding a deal to sell the first phase of its Corporate Avenue commercial complex in Shanghai for RMB 7.4 billion ($1.19 billion).
The buyer of the prime real estate asset is… Read More>>
This week China’s community of real estate professionals sees a private equity veteran gunning to disrupt the brokerage world, a new chief take the stage at a major property agency, and an old friend find a new role back home…. Read More>>
SOCAM, the property developer and construction materials company belonging to Hong Kong’s Shui On Group, this week sold off the Four Seasons Hotel and associated luxury apartments in Shanghai’s Pudong district for RMB632.5 million ($102 million) in cash, plus assumption… Read More>>
Chinese developers have taken advantage of this year’s stock rally to launch more than $1.76 billion in share sales over the last week, providing a few lucky listed companies with powerful boosts to their beleaguered balance sheets.
The share offerings… Read More>>