The countdown to the year of the fire rooster has already begun, but we still have a few days worth of news on deals, developers and investors to report.
Mingtiandi will be taking a break from reporting the news for… Read More>>
Sunac Buys $2.2 Bil Stake in Chinese Tech Giant Le Eco
China’s seventh largest property developer now seems determined to be a player in the country’s high tech sector after Sunac Holdings chairman Sun Hongbin agreed to pay the equivalent of $2.2 billion for a stake in cash-strapped LeEco, according to… Read More>>
China’s Fosun Buys Historic Moscow Building Near the Kremlin for Reported $168 Mil
Putin’s best-known billionaire admirer is about to step into the White House and just in case Russia wasn’t being sent enough love, one of China’s best known tycoons just gave the country his own $168 million vote of confidence.
Guo… Read More>>
Evergrande China’s 2016 Sales King as Top Developers Boost Performance by 82%
Thanks to a year of super-charged real estate sales, Evergrande Group unseated 2015 champion China Vanke to become the mainland’s largest property developer by sales for 2016.
The shift in the top ranks of China’s homebuilders came as the three… Read More>>
Gaw’s Pioneer Global Sells Hong Kong Building for $129 Mil
The Gaw family’s Pioneer Global Group has sold a commercial building near Hong Kong’s Central district for HK$1 billion ($128.96 million), according to a recent announcement to the Hong Kong stock exchange signed by Pioneer’s managing director, Kenneth Gaw.
The… Read More>>
JLL Adds to New Corporate Finance Team for Greater China
Real estate consultancy JLL has appointed Henrietta Yap as a Director of Corporate Finance for Greater China, as the firm seeks to expand its foothold in the region.
Yap joins JLL from AT Capital Group, a Singaporean private investment firm,… Read More>>
Ping An Teams with Mitsubishi to Back $1B Lendlease Sydney Project
Chinese financial services giant Ping An is pushing further into the Australian property market through a $1 billion joint venture with Lendlease and Japanese conglomerate Mitsubishi, according to a statement late last week by the Aussie real estate developer.
Shenzhen-based… Read More>>
China Sets Key Precedent in Rolling Over Wenzhou Property Rights
Not many Chinese homes have chimneys for Santa to scoot down, but that didn’t stop 90 percent of the country’s households from receiving a most welcome present just in time for Christmas.
All but 10 percent of Chinese families own… Read More>>
Related Inks $950M Los Angeles JV With Unit of Blacklisted Chinese Builder
Related Companies has become the latest US real estate giant to tie up with a Chinese developer in order to kickstart a major project, after the company started by billionaire Stephen Ross signed a joint venture agreement with a unit… Read More>>
China’s Top Leadership Dials Up Steady Economic Growth Minus Property Bubble for 2017
China’s top leadership held its biggest annual economic meeting last week and the Central Economic Work Conference ended with the country’s planning authorities, led by President Xi Jinping, agreeing that, “Maintaining stability while seeking progress” should be the mainland’s watchwords… Read More>>
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