Greenland Group has signed a strategic cooperation agreement with the Suzhou government to invest over RMB 100 billion ($14.55 billion) into a series of real estate projects pegged to promote artificial intelligence, high technology and new buildings in the eastern… Read More>>
Benoy to Design COFCO’s 300,000 SQM Suzhou Complex
Architecture firm Benoy has won an international competition to design a 300,000 square metre, mixed-use project in the eastern Chinese city of Suzhou for one of China’s biggest developers, the UK-based company announced today.
The project, COFCO Joy Breeze, integrates… Read More>>
Logos Expands China Logistics Platform with Acquisition of Suzhou Site
Logos Property has announced its acquisition of a 69,000 square metre (743,000 square foot) industrial site in Suzhou’s Wujiang district as the regional logistics developer continues to expand its mainland China platform.
Logos, which operates in Australia, India and Southeast… Read More>>
CapitaLand Opens Its Biggest Mall Ever in Suzhou
Southeast Asia’s largest developer has opened its biggest-ever shopping centre with the launch of the 300,000 square metre Suzhou Center Mall in the eastern Chinese city of Suzhou, as CapitaLand opens its eighth new retail development this year.
The seven-storey… Read More>>
Henderson Land Teams Up with Shanghai’s CIFI for $662M in Suzhou Projects
The garden city of Suzhou is now only twenty-five minutes from Shanghai by high speed rail, and one of Hong Kong’s biggest developers, along with its mainland partner, may be hoping that the Chinese commercial centre’s sky high real estate… Read More>>
Two Suzhou Land Plots Fetch $753.7M As Second Tier Cities Heat Up
Last week it was Nanjing bringing in a staggering $6 billion in land sales. This week it’s Suzhou’s turn to make some noise after Yanlord Group acquired two land plots in the city for RMB 3.7 billion ($753.7 million) at… Read More>>
54% Jump in Suzhou Home Prices Triggers Govt Clampdown
In a sign of real estate policy tightening outside of China’s first-tier cities, Suzhou’s city government has responded to rocketing prices in its land and property markets by calling off land auctions and preparing a series of sales restrictions to… Read More>>
Ascendas Hotel REIT Cancels Sale of $1B Platform and More China Real Estate Headlines
After months of speculating whether Blackstone Group, Gaw Capital or a Chinese sovereign wealth fund would buy up the assets of Ascendas’ $1 billion hotel REIT, the Singapore-based real estate trust announced this week that no deal would be forthcoming…. Read More>>
GLP Signs 39,000 Sqm in Leases, Including New Vanke Deal
Warehouse developer Global Logistic Properties Limited (GLP) has signed three new lease agreements totaling 39,000 square meters (420,000 square feet) in Xi’an, and Suzhou.
The leases, with three different companies, in two separate cities, include an agreement to provide warehouse… Read More>>
CapitaMalls Buys Guangzhou Project from Greenland for RMB 2.2 Bil
Singaporean mall developer CapitaMalls Asia announced this week that it is investing RMB 2.2 billion (US$361 million) to acquire a mall in Guangzhou, China – its first in the city.
The government-linked developer, which is part of the CapitaLand group… Read More>>
