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>>
Chinese Mall Builder Reveals Secrets Behind Speed – and more of Today’s China Real Estate Links | September 14, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
Chinese state-owned conglomerate Dalian Wanda Group Corp is probably best known… Read More>>
Suzhou skyscraper looks like giant underwear say China media – and more of Today’s China Real Estate Links | September 6, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
It was billed as China’s answer to the Arc de Triomphe… Read More>>
CapitaMalls Breaks Ground on Eastern China’s Biggest Shopping Centre
The retail centre of eastern China may have started shifting slightly to the west today, as Singaporean retail developer CapitaMalls broke ground on what is planned to be the region’s largest shopping mall in Suzhou.
The development, which will have… Read More>>