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Edmund Cheng Mapletree

Mapletree Bay Point Get HK$9B Bid from Mainland Investment Group Zhongrong

2018/09/27 by Emma Zhou Leave a Comment

Singapore’s Mapletree Investments has reportedly received a HK$9 billion ($1.15 billion) offer from mainland China-based Zhongrong Holdings Group for its Mapletree Bay Point office building in Hong Kong’s Kowloon East area, according to market sources familiar with the negotiations who… Read More>>

Ye Maoxin Jingwei

Zhongrong Sells Shanghai Office Building to Five Bulls Fund for RMB 1.5B

2018/09/06 by Jan Kot Leave a Comment

Chinese shadow banking firm, Zhongrong International Trust, has successfully exited from its first income-earning commercial property, selling the Shanghai Zhongrong Trust Building to Shanghai-based Five Bulls Fund for RMB 1.5 billion ($220 million), according to a local news report.

The… Read More>>

Crystal Palace in Bromley.

Chinese Deal for London’s Crystal Palace All in Pieces

2015/03/03 by Michael Cole Leave a Comment

A £500 million ($772 million) plan for a Chinese developer to rebuild London’s famed Crystal Palace appears to have fallen apart recently after 16 months of delay.

Despite attracting a shortlist of architects including Zaha Hadid, Richard Rogers and David… Read More>>

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