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George Hongchoy, Executive Director & CEO, Link REIT

Link REIT to Acquire Three Yangtze River Delta Sheds for $139M

2022/05/15 by Christopher Caillavet 1 Comment

Link REIT has agreed to purchase a portfolio of three warehouses in the Yangtze River Delta for RMB 947 million ($139.3 million), as Asia Pacific’s largest listed trust returns to mainland China for its second-ever logistics acquisition.

The set consists… Read More>>

Sun Hongbin Sunac

Sunac Buys 3 Projects From Troubled Competitor for RMB 6.7B

2019/07/18 by James Hatton Leave a Comment

Sunac China Holdings has acquired a set of three projects from financially troubled mainland competitor Xinhu Zhongbao (600208.SH), adding one million square metres (10.8 million square feet) to its land bank, as the developer continues to ramp up its project… Read More>>

China warehouse shortage

Logistics Developer Yupei Signs Deal for $300M Ecommerce Base in Wuxi

2014/11/09 by Michael Cole Leave a Comment

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>>

Song Weiping Greentown China

Greentown Chief Blames Govt as He Sells Stake in Developer

2014/05/26 by Michael Cole Leave a Comment

The chairman of a Hangzhou-based real estate developer blamed “stupid officials” for the hard times that have forced him to sell out his controlling stake in Greentown China to Sunac Holdings, in a transaction valued at HK$6.3 billion (US$813 million).

… Read More>>

Hangzhou empty housing

Hangzhou Tries to Prop Up House Prices by Regulating Discounts

2014/04/28 by Michael Cole 1 Comment

The bureaucrats running the city of Hangzhou in eastern China have reached back into their command-economy toolkits for a solution to rapidly decaying housing prices – make discounts subject to government approval.

The Hangzhou government announced on Wednesday that real… Read More>>

Wuxi housing market

Wuxi Turns to Out-of-Towners to Stoke Housing Market

2014/04/28 by Michael Cole 1 Comment

One eastern Chinese city has found a quick solution for propping up a declining housing market – creating more residents.

According to a report in the Wall Street Journal, Wuxi in Jiangsu province has begun relaxing the requirements for securing… Read More>>

Nanjing Fudi Furun Plaza

Nanjing Developer Defaults as China Real Estate Credit Crunch Continues

2014/04/21 by Michael Cole Leave a Comment

China’s real estate industry witnessed its second significant default in less than a month last week when a Nanjing property developer failed to repay a RMB 105.4 million (US$16.9 million) inter-company debt from a Shenzhen-listed shipbuilder.

The default on a… Read More>>

Agile Property Chairman Chen Zhuolin

China Developers Discounting Amid Credit Clampdown

2014/02/25 by Michael Cole Leave a Comment

Reports of a bubble in China’s real estate industry are on the rise this week as developers in Hangzhou and Changzhou have begun discounting homes to improve cashflow.

Discounts of as much as 36 percent for two projects in prosperous… Read More>>

China Property Firms See New Market in Old Age Homes – and more of Today’s China Real Estate Links | October 29, 2013

2013/10/29 by Michael Cole Leave a Comment

Here is a list of the day’s latest China real estate news collected from around the web:

  • China Property Firms See New Market in Old Age Homes

    China’s property sector has been a reliable money-spinner even in… Read More>>

  • Shanghai Real Estate Investment Up 19 Percent in 1st Half of 2013 – and more of Today’s China Real Estate Links | July 5, 2013

    2013/07/05 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

  • Shanghai Real Estate Investment Up 19 Percent in 1st Half of 2013

    Major real estate investments in Shanghai rose nearly… Read More>>

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