Even the world’s largest real estate fund manager is finding business in China a bit tougher this year, as Blackstone announced on Friday that its $3 billion buyout of developer Soho China had been cancelled after failing to win approval… Read More>>
Blackstone Acquiring Developer Soho China in $3B Deal
Just 10 months after the COVID-19 pandemic derailed an attempt to take private one of China’s largest commercial developers, Blackstone Group has agreed to acquire Soho China through a new deal worth HK$23.7 billion ($3 billion), according to a stock… Read More>>
Millennium and Copthorne Agrees to £2B CDL Buyout Bid and More Asia Real Estate Headlines
Singapore’s CDL is back in the news again today after it appears to have achieved its mission of buying out a London-listed hotel chain already controlled by the property firm. Also grabbing some air time is mainland media darling and… Read More>>
Soho’s Zhang Xin Pushes Patience as Property Prices Soar and More Asia Real Estate Headlines
Starting out today’s headlines, one of China’s most aggressive developers is counselling caution as global real estate prices rise. Meanwhile, down in Hong Kong, builders in China’s priciest city are cashing in on the latest buying frenzy with price jumps… Read More>>
Girl Power: Meet The 4 Mainland Women Who Made Nearly $20 Bil in Real Estate
Once again, Dalian Wanda chairman Wang Jianlin is China’s richest man with an estimated net worth of $33 billion. However, among China’s top property barons, it’s the prominent role of baronesses that makes the country’s real estate industry look like… Read More>>
SOHO China Plans to Sell 3 More Shanghai Properties
A buy-and-hold strategy may be changing over to a buy-and-sell business model for one of the mainland’s best known property developers, after SOHO China chairman Pan Shiyi revealed this week that the company would sell three more of its Shanghai… Read More>>
SOHO China’s Zhang Xin Wants You to Rent Your Next Office Online
SOHO China on Monday celebrated its latest move into the online-to-offline world by unveiling its newest SOHO 3Q shared office space in Shanghai.
Zhang Xin, the CEO of SOHO China, led a tour of what has been called China’s “Uber for… Read More>>
Hang Lung’s Ronnie Chan Gives $20M to USC
Hang Lung Group chairman Ronnie Chan has followed up on his brother’s record breaking gift to Harvard by arranging his own $20 million donation to the University of Southern California.
According to a report on the university’s website, Chan, who… Read More>>
Yale University Confirms Donation Dealings with Soho China’s Zhang Xin
Zhang Xin, the CEO of property developer Soho China, is in talks with Yale University about funding scholarships for Chinese students to attend the exclusive school. If finalised, the arrangement between Zhang’s Soho China foundation, which she controls with her… Read More>>
SOHO China Owners Give $15M for Harvard Scholarships
China’s real estate elite continued to build bridges with the US this week when Zhang Xin and Pan Shiyi – the flamboyant couple behind developer SOHO China – announced a $15 million gift to Harvard University.
The pair of property entrepreneurs donated… Read More>>
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