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Li Sze-Lim

Guangzhou R&F Acquires 4th US Project in 15th Overseas Deal

2015/03/14 by Michael Cole 1 Comment

Earlier this month Guangzhou R&F acquired its fourth project in California, and made its fifteenth overseas deal as the Guangdong-based player transforms itself into one of the most aggressive global investors among China’s real estate developers.

During the first week… Read More>>

Sherry Netherland co-op

Wealthy Chinese Bring High End Home Buying Orgy to NYC, BC and Fiji

2015/03/14 by Michael Cole Leave a Comment

Purchases of ultra-high end homes by cashed up Chinese buyers has continued during March, with wealthy buyers from the Middle Kingdom picking up private islands in Fiji and Canada, as well as paying $70 million for a Manhattan apartment and… Read More>>

Grosvenor House London

Fosun Said to Be Seeking London’s $762M Grosvenor House Hotel

2015/03/10 by Michael Cole 1 Comment

China’s Fosun International is said to be pursuing London’s Grosvenor House Hotel, as the investment conglomerate continues to expand its global real estate portfolio.

The five-star London landmark is currently on the market for a reported ₤500 million ($762 million)… Read More>>

Kaisa bond restructuring

Kaisa Offshore Creditors Told to Wait 5 More Years

2015/03/09 by Michael Cole Leave a Comment

The international creditors of troubled real estate developer Kaisa Holdings may need to wait at least five more years to get back what’s owed to them, and can expect to earn much less than what they signed up for.

This… Read More>>

Treasurer Joe Hockey

Australia to Tax Foreign Home Buyers and Why It Won’t Matter

2015/02/28 by Michael Cole 2 Comments

Australia announced last week that it is putting in place new barriers to foreign purchases of homes in the country, and will start enforcing existing regulations, following a wave of Chinese investment that saw real estate prices in Sydney rise… Read More>>

China housing prices

China Average Home Prices Fall Again Spurring Rate Cuts

2015/02/28 by Michael Cole Leave a Comment

January’s rebound in home prices across China appears to have been short-lived as the average price of new housing sold in China during February slid by 0.24 percent nationwide compared to the previous month, according to a recent survey.

In… Read More>>

baccarat hotel lobby

Chinese Insurer Pays Record $2M Per Room for NY Hotel

2015/02/09 by Michael Cole Leave a Comment

China’s insurance companies continued their global shopping spree this week when Sunshine Insurance agreed to buy the still unopened Baccarat Hotel in New York for more than $230 million.

According to sources familiar with the transaction, Sunshine is paying the… Read More>>

zhou xiaochuan

China Real Estate on the Upswing After Kaisa Bailout and RRR Cut

2015/02/09 by Michael Cole Leave a Comment

There may not have been a red envelope, but China’s real estate industry received a pair of new year gifts recently that may have been just as welcome.

On Wednesday China’s central bank cut the reserve ratio requirement, which restrains… Read More>>

sheep on the beach

Sheep Year on the Beach — Mingtiandi to Go on Holiday

2015/02/09 by Michael Cole Leave a Comment

China’s spring festival holiday is late this year – officially starting on the evening of the 18th – but we will be a bit early here at Mingtiandi, with the 13th being our last day of regular service for this… Read More>>

Jin Zhigang

Confusion Reigns as Kaisa CEO Quits

2015/02/02 by Michael Cole Leave a Comment

Kaisa Group announced the latest in a series of unexpected news today when the struggling China real estate developer revealed that its chief executive officer had resigned effective February 1st.

In a statement to the Hong Kong stock exchange, Kaisa… Read More>>

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