Asia real estate and outbound investment news
Less than one year ago, Wang Jianlin’s Wanda Group paid $4.4 billion to privatise its Hong Kong-listed developer, Wanda Commercial Properties, in the biggest share buy-back ever on the city’s stock exchange.
While the billionaire property developer still hopes to… Read More>>
China’s biggest commercial property developer has made headlines around the world as it builds up a sprawling retail empire and snaps up overseas assets from cinema chains to sports firms. Questions were raised, however, about the sustainability of this aggressive… Read More>>
Donald Trump rode into office promising to shake things up and the new US president’s economic powers may have already hit the Philippines, or at least he’s having an impact on the island nation’s rebounding office market. Elsewhere in southeast… Read More>>
Dalian Wanda Group chairman Wang Jianlin has used his status as China’s richest man to offer speeches and books on the way he built a local real estate company in northern China into one of the world’s largest property developers.
Hong Kong’s home prices have come under pressure from rising US rates, but at least one banker sees mainland demand keeping the city’s housing costs at their usual nosebleed levels. Also in the headlines, Wanda and R&F Properties sign an… Read More>>
Pepto-Bismol might be the perfect Christmas gift for Vanke chief Wang Shi as the head of China’s largest developer may be getting a bit queasy over the prospect of one of his home town rivals joining the Vanke board. Also… Read More>>
Banking giant UBS walked away from the biggest privatisation ever on the Hong Kong stock exchange due to concerns over the structure of Wang Jianlin’s $4.4 billion buy-back of shares in Dalian Wanda Commercial Properties, according to a report in… Read More>>
When it emerged a few weeks back that Dalian Wanda was considering to buy Dick Clark Productions for $1 billion, it seemed like an odd arrangement. One is a Chinese mall developer founded by a former Army officer while the… Read More>>
Dalian Wanda chairman Wang Jianlin believes China’s real estate sector is facing the biggest housing bubble in history and warned China’s leaders could face a similar headache in the property sector to what it had to deal with when the… Read More>>
Wang Jianlin will finally get his wish come September this year, after rounding up support to de-list Wanda Commercial Properties from the Hong Kong exchange, in favor of a mainland listing. Meanwhile, GLP teams up with a state-run manufacturer to… Read More>>
