Shanghai-based property firm Shui On Land took the first formal step towards the long-sought IPO of its Xintiandi division this week as it submitted an application for listing the unit on the main board of the Hong Kong stock exchange.
Nearly a Decade in the Making, Shui On Land Readies IPO of Xintiandi Unit
In the wake of Wednesday’s report that Shui On Land had picked two banking giants to lead the IPO of its Xintiandi unit, the Shanghai-based property firm looks set to fulfil a listing plan first proposed when Barack Obama and… Read More>>
Shui On Plans Xintiandi in the Suburbs with RMB 2.1B in Shanghai Land Buys
Shui On Land spent RMB 2.1 billion ($290 million) buying four parcels of land in Shanghai in just three days last week, as the developer assembles the pieces for an urban redevelopment project which it hopes will rival the success… Read More>>
ULI APAC Summit to Explore Asia’s Sustainable Future in Shanghai Next Week
Representatives of some of Asia’s biggest real estate developers, investors and service providers will be gathering in Shanghai next week for the Urban Land Institute’s Asia Pacific Summit 2019.
The event, which is organised annually by the property industry non-profit,… Read More>>
Shui On in $1B China Commercial Property JV With Manulife, China Life
Hong Kong-listed developer Shui On Land has announced that it is partnering with two insurance giants to invest in commercial real estate ventures in China as it continues to lean on financial services companies to rebuild its mainland portfolio.
The… Read More>>
Hongkong Land, Shui On Said Vying For RMB 13.6B Site Near Shanghai’s Xintiandi
One of the highest profile early entrants to the Shanghai property market is facing off against the biggest landlord in Hong Kong’s Central district in the final bidding for a prime commercial site in Shanghai’s Huangpu district expected to sell… Read More>>
Shui On Completes $701M Sale of Dalian Tiandi to Yida China
Vincent Lo’s Shui On Group has closed on the RMB 4.65 billion ($701 million) sale of its Dalian Tiandi mixed-use project to Chinese business park builder Yida China Holdings, six months after the transaction was first announced.
Completion of the… Read More>>
City Sees HK$56B of Property Sales in Jan and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city has sold HK$56.4 billion worth of properties in just 26 days in January. Also in the headlines, a Hong Kong property tycoon says the city’s real estate market will be dominated… Read More>>
Shui On Group’s $701M Dalian Project Sale Hits a Snag
Companies belonging to Shui On Group have signed contracts to sell over RMB 8 billion in projects in the past two months, but the Shanghai-based property firm may have to wait a bit longer to receive at least half that… Read More>>
Shui On Sells Dalian Tiandi to Yida China in $701M Deal
Shui On Land is selling off its mixed-use Dalian Tiandi project to a Chinese business park builder in a deal totalling RMB 4.65 billion ($701 million), marking the latest in a seemingly endless series of asset sales by the developer… Read More>>