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>>
Country Garden Sales Drop 6% – Still Lead China’s Top 10 Builders
Country Garden has retained its crown as China’s top developer, measured by contracted sales, despite being one of only two of the nation’s top ten builders to see their performance drop during the first half of the year.
The Guangdong-based… Read More>>
Sunac Spends RMB 15.2B on Wuhan Sites and More China Land Sales
With liquidity continuing to flow into China’s financial system, the country’s property developers have more cash on hand for their battle for new sites, and there are signs from Wuhan, Xiamen and even Nantong that some of the nation’s top… Read More>>
CR Land, Sunac Spend Combined RMB 5B on Jiangsu Sites and More China Project News
Eastern China’s Yangtze River Delta has taken a starring role in April land purchases by mainland developers, with China Resources Land, Sunac, Greentown and Country Garden all purchasing projects the economic corridor this month. Looking back to March, new research… Read More>>
Mainland Builders Raise RMB 102B in New Cash and More China Real Estate Finance News
In early April, some of mainland China’s largest real estate developers continue to issue new dollar bonds as a spring sales recovery boosts demand for cash. Both Evergrande and Sunac made the headlines with their sales of $2 billion and… Read More>>
Sunac Pays RMB 1.16B to Add Pair of Shanghai Land Parcels to Pipeline
Sunac China won two residential plots in Shanghai’s most distant district on Monday, agreeing to pay the city government a total of RMB 1.16 billion ($170 million) for the sites on Chongming island, according to an announcement by the Shanghai… Read More>>
Asia Real Estate People in the News 2019-02-25
With the passing of the lantern festival, the last instalment of the lunar new year, in many parts of Asia last week, the region is back to full speed ahead, with several industry leaders finding new places to work this… Read More>>
32% Growth Helps Country Garden Lead China’s Top 10 Developers for 2018
Country Garden Holdings was China’s top developer in 2018, as measured by sales contracts, maintaining its hold on the top spot for the second consecutive year in a year marked by consolidation among mainland developers.
The Guangdong-based builder chaired by… Read More>>
Sunac Buys Pair of Shanghai and Beijing Projects From Oceanwide in RMB 12.6B Deal
Sunac China has agreed to buy a pair of projects in Shanghai and Beijing from competitor China Oceanwide Holdings in a deal valued at RMB 12.55 billion ($1.85 billion), according to a filing today to the Hong Kong stock exchange.
Home Prices Rose in China’s Biggest Cities in December and More Asia Real Estate Headlines
Despite six months of policies restricting sales, 59 of 70 cities surveyed by the Chinese government still reported rising home prices last month as homebuyers do not yet seem deterred over reports of rising risk in the market. Also in… Read More>>
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