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LEE_Chee_Koon CapitaLand

CapitaLand Pays $78.5M to Buy Out China’s Dalian Ascendas IT Park

2021/05/27 by Christopher Caillavet Leave a Comment

Singaporean developer CapitaLand announced Thursday that it had spent RMB 501 million ($78.5 million) to acquire the remaining 50 percent interest in a tech park in northeastern China from its financially troubled business partner.

The Temasek-controlled giant is buying the… Read More>>

intercontinental miami

Mirae Blames Chinese Side for Failed $5.8B Hotel Deal and More Asia Real Estate Headlines

2020/05/02 by Michael Cole Leave a Comment

A pair of Asian companies doing their best not to own a set of US luxury hotels leads today’s real estate news as Korea’s Mirae Asset Management and China’s Dajia Insurance hurl blame at each other over a failed $5.8… Read More>>

Jiang Xiuwen Yida China

CMIG Debt Crisis Triggers RMB 8.7B Default at Dalian Developer Yida China

2019/04/28 by Jan Kot Leave a Comment

Hong Kong-listed Yida China announced on 22 April that a financial crisis at its parent company had left it facing a default on loans with an outstanding principal of RMB 8.75 billion ($1.3 billion), with the developer saying it has yet… Read More>>

Vincent Lo Shui On

Shui On Completes $701M Sale of Dalian Tiandi to Yida China

2018/05/16 by Shawna Kwan Leave a Comment

Vincent Lo’s Shui On Group has closed on the RMB 4.65 billion ($701 million) sale of its Dalian Tiandi mixed-use project to Chinese business park builder Yida China Holdings, six months after the transaction was first announced.

Completion of the… Read More>>

Vincent Lo Shui On

Shui On Group’s $701M Dalian Project Sale Hits a Snag

2018/01/03 by Shawna Kwan Leave a Comment

Companies belonging to Shui On Group have signed contracts to sell over RMB 8 billion in projects in the past two months, but the Shanghai-based property firm may have to wait a bit longer to receive at least half that… Read More>>

Vincent Lo Shui On

Shui On Sells Dalian Tiandi to Yida China in $701M Deal

2017/11/16 by Greg Isaacson 1 Comment

Shui On Land is selling off its mixed-use Dalian Tiandi project to a Chinese business park builder in a deal totalling RMB 4.65 billion ($701 million), marking the latest in a seemingly endless series of asset sales by the developer… Read More>>

Chris Tynan

Greater China Real Estate People in the News 2015-11-30

2015/11/30 by Michael Cole Leave a Comment

The new challenges for real estate professionals in the region did not slow down In the last week of November, as we find a private equity boss riding a big deal with Chinese investors into a job with the biggest… Read More>>

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