Struggling real estate developer Shui On Land ran into more trouble last week as it was forced to deny reports that it was preparing to spend RMB 3 billion, (US$482 million) to buy a commercial project on Shanghai’s Nanjing Road… Read More>>
A conference bringing together real estate investment professionals from across Greater China is being held in Shanghai this week to discuss trends in China’s real estate investment market, including opportunities in the senior living market, how to structure investment funds… Read More>>
This week China’s real estate community sees new leadership at built-asset consultancy EC Harris, China Xintiandi taking on some financial management and more. Read on for the latest career development news for the industry’s professionals.
Andy Crawford has… Read More>>
Commercial developer Franshion Properties joined the ranks of China’s most troubled real estate companies today by opting to spin off some its existing assets into a new listed company in an attempt to raise much needed cash.
The move by… Read More>>
A few years ago, the major urban initiative in Shanghai was the Hongqiao transportation hub, a new geographic nexus on the city’s western edge that brought together high speed rail, a new domestic airport, and local metro lines to form… Read More>>
Shui On Land CEO Freddy Lee abruptly stepped down from his leadership of one of China’s best-known real estate developers late last week, leading to speculation that he had been dismissed by company founder and chairman Vincent Lo.
In a… Read More>>
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or simply taken the fall for failing to captain a company that was still being run by the chairman anyway.
Here is a list of the day’s latest China real estate news collected from around the web:
China Grave Builder Leads Surge in IPO Stocks
Fu Shou Yuan International Group Ltd., a Chinese developer of graveyards, soared on its Hong… Read More>>
Real estate developer Shui On Land is selling its 5 Corporate Avenue project in Shanghai for RMB 3.32 billion ($545 million), the second asset sale by the developer in a week.
According to a December 4th statement by the Shanghai-based… Read More>>
Real estate Developer Shui On Land recently reached agreement to sell its Corporate Avenue 2 project in its Chongqing Tiandi development to Sunshine Life Insurance for RMB 2.4 billion (US$393 million), as the Shanghai-based firm continued to sell off holdings.