Struggling real estate developer Shui On Land ran into more trouble last week as it was forced to deny reports that it was preparing to spend RMB 3 billion, (US$482 million) to buy a commercial project on Shanghai’s Nanjing Road… Read More>>
Freddy Lee Takes the Fall as Shui On Continues to Struggle
Shui On Land CEO Freddy Lee abruptly stepped down from his leadership of one of China’s best-known real estate developers late last week, leading to speculation that he had been dismissed by company founder and chairman Vincent Lo.
In a… Read More>>
Shui On Sells Shanghai Project for RMB 3.32 Bil – 2nd Sale in 1 Week
Real estate developer Shui On Land is selling its 5 Corporate Avenue project in Shanghai for RMB 3.32 billion ($545 million), the second asset sale by the developer in a week.
According to a December 4th statement by the Shanghai-based… Read More>>
Shui On Land Sells Stake in Xintiandi Unit to Brookfield
Shanghai-based real estate developer Shui On Land announced last week that it had reached agreement with Brookfield Property Partners L.P that paves the way for an investment of up to $750 million into Shui On’s China Xintiandi subsidiary.
The deal… Read More>>
Shanghai New Home Sales Snap 2-Week Rally – and more of Today’s China Real Estate Links | June 13, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
NEW home sales in Shanghai snapped a two-week rally by dropping 8.9 percent last… Read More>>
Shui On Land Plans IPO for Xintiandi Shanghai – and more of today’s China real estate links
Here is a list of the day’s latest China real estate news collected from around the web:
Shui On Land Plans IPO for Shanghai Xintiandi Unit Shui On Land Ltd. (272), the developer controlled by billionaire Vincent Lo,… Read More>>
Shui On Predicts 12-18 Months of Continued Real Estate Austerity
Real estate speculators hoping for signs of a return to the free-wheeling days of 2009, will have to wait a while longer, according to Freddy Lee, CEO of Hong Kong-based property developer Shui On Land.
Speaking to Bloomberg TV… Read More>>