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yuan linjiang china reinsurance

China Re Completes RMB 3.1B Acquisition of Shanghai Office Tower

2020/04/04 by James Hatton Leave a Comment

China Reinsurance has completed the acquisition of a newly completed commercial property in Shanghai’s Lujiazui area for RMB 3.09 billion ($440 million), according to an announcement yesterday by Cushman & Wakefield.

The Hong Kong-listed insurer, which is controlled by mainland… Read More>>

sun hongbin

Sunac China Defies Downturn, Reports 57% Leap in Profit for 2019

2020/03/27 by Charles McDermid Leave a Comment

Sunac China has declared an increase in annual profit of more than 57 percent, as the Tianjin-based developer capitalized on credit made available by Beijing to grow during an economic downturn.

In a report on Friday to the Hong Kong… Read More>>

Xu Jiayin Evergrande

Evergrande Holds on to Crown as China’s Top Developer Despite 2019 Slowdown

2020/03/18 by James Hatton Leave a Comment

China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of slower growth.

The Shenzhen-based company chaired by mainland billionaire Xu Jiayin… Read More>>

AXA European Logistics Fund

AXA Wins KRW 130B Korean Commitment to Euro Sheds Fund and More Asia Real Estate Headlines

2020/01/11 by James Hatton Leave a Comment

Warehouses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean pension fund is committing $111 million to a French insurer’s $1.6 billion European logistics fund.

In other news around the… Read More>>

Sun-Hongbin Sunac

RMB 16B Western China Deal Makes Sunac Owner of World’s Biggest Building

2019/12/23 by Jan Kot Leave a Comment

Sunac China Holdings has racked up RMB 16.31 billion ($2.32 billion) in land and property acquisitions in less than two weeks, extending a buying binge in second-tier cities and further boosting the Tianjin-based developer’s outsize project pipeline.

On 6 December,… Read More>>

China Merchants Eyes $400M HK REIT IPO and More Asia Real Estate Headlines

2019/11/30 by James Hatton Leave a Comment

A commercial REIT leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the real estate investment trust, which has five properties in Shenzhen, is seeking to raising $400 million in a Hong Kong… Read More>>

li ka-shing

CK Asset Sold RMB 4B Dalian Project to Sunac China as China Disposals Continue

2019/10/13 by Jan Kot Leave a Comment

CK Asset Holdings has sold a real estate project in the northeastern Chinese city of Dalian to Sunac China Holding for over RMB 4 billion ($560 million), according to an account by the Chinese business news site Caixin.

The sale… Read More>>

sun hongbin

Sunac China Wins Residential Site in Shanghai’s Qingpu District for RMB 3.09B

2019/09/26 by Jan Kot Leave a Comment

Sunac China Holdings has won a residential plot in Shanghai’s suburban Qingpu district, agreeing to pay the city government a total of RMB 3.09 billion ($430 million) for the site, according to an announcement by the Shanghai Land Exchange.

The… Read More>>

Li Ka-shing

Li Ka-Shing’s CK Asset Delays $1.5B HK Sales Launch and More Asia Real Estate Headlines 

2019/08/14 by James Hatton

A luxury development leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a developer founded by tycoon Li Ka-shing has postponed planned sales launch at a luxury condominium project in Hong Kong worth a… Read More>>

Sun Hongbin Sunac

Sunac Buys 3 Projects From Troubled Competitor for RMB 6.7B

2019/07/18 by James Hatton Leave a Comment

Sunac China Holdings has acquired a set of three projects from financially troubled mainland competitor Xinhu Zhongbao (600208.SH), adding one million square metres (10.8 million square feet) to its land bank, as the developer continues to ramp up its project… Read More>>

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