Chinese logistics specialist Black Kite is expanding its footprint in the Yangtze River Delta, embarking on four new warehouse projects totalling 441,275 square metres (more than 4.7 million square feet) in recent weeks, as industry insiders flag continued growth in… Read More>>
ESR Sets Up RMB 1.7B China Logistics JV with Manulife
Logistics developer and fund manager ESR today announced a new joint venture with Canadian insurer Manulife, adding to its growing list of investment partnerships in 2020.
As part of the same announcement, ESR revealed that the new venture has completed… Read More>>
Keppel Land Buys Wuxi Site for RMB 2.5B With Plans to Build 2,755 Homes
Singapore’s Keppel Land has purchased an 18 hectare residential site in Wuxi, China, for RMB 2.53 billion ($387 million) via a government land tender, the company announced on Monday.
Approved for development of a gross floor area of about 360,500 square… Read More>>
Century Bridge Takes in $41.8M in First Exit For China Fund
US private equity firm Century Bridge Capital has sold a 43.24 percent stake in a mainland China residential project to partner Jingrui Holdings for $41.8 million, according to a statement this week by Jingrui to the Hong Kong stock exchange.
China’s Housing Statistics Join the Struggle Against the Bubble
For the first time ever, the National Bureau of Statistics released data mid-month as the keeper of China’s economic figures painted a picture of cooling home prices in its survey of average housing markets in 70 leading cities across the… Read More>>
Logistics Developer Yupei Signs Deal for $300M Ecommerce Base in Wuxi
A Chinese warehouse developer invested by the Carlyle Group and Singapore’s Temasek Holdings last week got ready to put $300 million of that capital to work on a major new logistics facility in Wuxi aimed at serving demand from China’s… Read More>>
Wal-Mart to Build First China Mall in Zhuhai
Budget-minded retailer Wal-Mart China is hoping to stretch its yuan a bit further by building its own shopping mall in Zhuhai, according to a company announcement on Thursday.
The US retailer made famous for its discount stores, plans to spend… Read More>>
Wuxi Apple Store Set to Be 12th in China
Apple plans to open its 12th Apple Store in mainland China early next month, in Jiangu’s province’s Wuxi. This latest expansion of the US device maker’s retail network comes as other luxury brands have slowed the opening of new stores… Read More>>
Apple to Open 6 More Stores in China Including Tianjin and Hangzhou
Future geniuses rejoice! China is about to open Apple stores in six more Chinese cities, and you could get a job helping the country gorge itself on pretty electronic devices from the iconic US firm.
According to Apple’s own website, the… Read More>>
Guess Not Hohhot! Inner Mongolian City Backtracks on Real Estate Rules
The capital of Inner Mongolia seems to have succeeded in finding out how far a Chinese city can go in rolling back policy restrictions on home sales, and the answer appears to be “not quite that far.”
After the government… Read More>>