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Digital Realty Weighs $300M Singapore Trust IPO and More Asia Real Estate Headlines

2021/06/10 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, US-based Digital Realty reportedly considers a trust IPO in Singapore, casino giant Las Vegas Sands is hit with a $12 billion lawsuit in Macau, and ESG-linked borrowing soars to a record high in… Read More>>

Wang Shi Broad Group

Ex-Vanke Chief Wang Shi Named Co-Chair of Sky City Developer Broad Group

2018/05/01 by Michael Cole Leave a Comment

Just under one year after resigning as head of the development giant that he founded, former China Vanke chairman Wang Shi has resurfaced as co-chairman of a Changsha-based builder that once hoped to construct China’s tallest building, according to a… Read More>>

Wang Shi

Wang Shi Quits China Vanke in Epilogue to Takeover Drama

2017/06/21 by Mingtiandi Team Leave a Comment

Wang Shi will step down as Chairman of China Vanke, the residential real estate company he formed in 1984 and built into the mainland’s largest developer by value, according to an announcement today by the celebrity entrepreneur.

“After considering the… Read More>>

Blackstone Seaworld

Blackstone Selling Seaworld Stake to Chinese Conglomerate and More Asia Real Estate Headlines

2017/03/26 by Michael Cole Leave a Comment

Leading the region’s real estate news today, Stephen Schwarzman’s attic must be emptying out quickly as the Blackstone boss sells yet another holding to a Chinese firm – and simultaneously redirects some angry phone calls from animal rights activists. Also… Read More>>

China Vanke's Wang Shi

How China Resources Funded Baoneng’s Attempted Takeover of Vanke

2016/07/13 by Michael Cole 1 Comment

A brief calm in the ongoing battle between Vanke founder Wang Shi and the company’s largest shareholder, Baoneng Group, was broken today when an independent member of the Chinese developer’s board confirmed that Baoneng’s Vanke share purchases had been funded… Read More>>

Wang Shi Vanke

Baoneng Calls for Wang Shi’s Ouster in Battle for China Vanke

2016/06/27 by Michael Cole Leave a Comment

The battle for control of China Vanke, the mainland’s largest property developer, has become an all-out war as the company’s largest shareholder has filed a motion to remove chairman Wang Shi and nearly all of the company’s board. The move… Read More>>

Wang shi

China Vanke Seals $6.9B Deal to Escape Hostile Takeover

2016/06/19 by Michael Cole Leave a Comment

The mainland’s largest real estate developer is assured to continue under its current leadership after China Vanke finalised a RMB 45.6 billion ($6.9 billion) agreement to trade shares for sites with the operator of Shenzhen’s subway system.

The agreement, which… Read More>>

Hang Lung’s Gerald Chan to Give $350M to Harvard

2014/09/09 by Michael Cole Leave a Comment

Gerald Chan of Hong Kong’s Hang Lung Properties became the biggest donor ever to Harvard University on Monday, when the Massachusetts-based institution announced that Chan would be making a $350 million gift to the university’s school of public health.

The… Read More>>

China hospital

China to Allow 100% Foreign-Owned Hospitals

2014/08/28 by Michael Cole Leave a Comment

China took a major step towards opening up its healthcare sector to foreign investment this week, when the Ministry of Commerce and the National Health and Family Planning Commission jointly announced that foreign companies will be allowed to wholly own… Read More>>

China Vanke

Vanke Selling More Homes Thanks to Price Cuts

2014/08/21 by Michael Cole Leave a Comment

China’s biggest developer has sold more homes than ever in 2014, but is seeing profit growth compressed by the nation’s housing slump and discounting, according to results released this week by China Vanke.

The Shenzhen-based real estate company declared its… Read More>>

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