Top five mainland developer China Vanke has named Zhu Jiusheng as its president and chief executive officer, taking over the roles from chairman Yu Liang. The move was unanimously approved by Vanke’s board, according to a filing by the Hong… Read More>>
China Vanke Founds US Investment Platform With Rockefeller Veterans
China Vanke, one of the mainland’s earliest investors in US real estate projects, has set up a US-based real estate investment firm as the Chinese developer seeks to become a player in the global asset management industry.
Vanke has set… Read More>>
Wanda’s Wang Jianlin Adds Vanke Deal to PR Blitz
Two of China’s biggest real estate developers announced a broad-ranging but vaguely defined cooperation agreement on Thursday that signals changes in both the property market and the region’s stock exchanges.
China Vanke and Dalian Wanda Group revealed that the two… Read More>>
Vanke Says Backlog of Unsold Homes Will Stifle Recovery
Government moves to spur lending have made given many observers hope for a recovery in the nation’s real estate market next year, but China’s biggest property developer remains unconvinced.
Speaking to the press in Hong Kong over the weekend, Yu… Read More>>
China Vanke Says Beijing Real Estate Has Bottomed Out
China’s biggest property developer is saying that the country’s biggest real estate market has bottomed out, but one of China Vanke’s top officials cautions that no quick rebound is in site.
Speaking at the company’s annual meeting with securities companies,… Read More>>
Vanke Selling More Homes Thanks to Price Cuts
China’s biggest developer has sold more homes than ever in 2014, but is seeing profit growth compressed by the nation’s housing slump and discounting, according to results released this week by China Vanke.
The Shenzhen-based real estate company declared its… Read More>>