Carnivorous real estate developer SOHO China announced on December 29th that it would buy a 50% stake in a commercial property project on Shanghai’s Bund, only to have rival developer Fosun announce its right to block the proposed deal on… Read More>>
Is SOHO China Broke?
According to a report last week in the National Business Daily, supernaturally aggressive real estate developer SOHO China is suffering from a severe cash crunch as it currently is attempting to build and launch several new commercial projects. At present the… Read More>>
IFC Mall Leads Sun Hung Kai Shanghai Retail Real Estate Growth
Hong Kong real estate developer Sun Hung Kai (SHK) is rapidly establishing itself as one of China’s leading mall developers thanks to the success of its IFC mall project in Shanghai. According a recent story in Hong Kong’s Standard, IFC… Read More>>
Shanghai Real Estate Prices Drop to Lowest Level in Nine Months
According to a research report released by Shanghai Deovolente Realty Co, the average price of residential real estate in Shanghai dropped to its lowest level since March during the week of 12 December. The price is continued to keep dropping through… Read More>>
Foreign firms best on pay raises
SHANGHAI’S foreign-invested companies have outperformed their domestic counterparts in giving pay raises to their employees this year, a survey by the Shanghai Statistics Bureau said.
The real-estate sector in Shanghai has offered staffers the biggest raises despite the property market… Read More>>
Mori Gets Ready to Offer More Floors
Despite earlier reports of limited floor availability and persistent attempts to differentiate sales of floors in their building from typical strata title sales, Mori Building Co on 20th April appeared to be priming the market for sales of more space… Read More>>
SOHO Acquires Site in Shanghai’s Hongkou District for RMB 2.47 billion
SOHO China Limited (410.HK), among the most aggressive and highest profile commercial property developers in China, on April 19th announced the RMB2.47 billion acquisition of a mixed-use site near the Hailun Road station on Shanghai’s metro line 10 Subway in… Read More>>
SOHO China Buys Project in Shanghai’s JingAn District
SOHO China announced on April 1st, that an agreement had been reached with Shanghai JingAn Real Estate Co to acquire an 81,000 sqm commercial real estate project currently in progress in Shanghai’s Caojiadu area for RMB 1.6 billion.
According to… Read More>>
Marks & Spencer Commits to Store at Shanghai City Center
Treasury Holdings today announced that a 10 year lease pre-commitment for 3,768 square metres of retail space has been secured from global retail chain Marks & Spencer as an anchor tenant of its City Center property in Shanghai.
Marks &… Read More>>
Treasury China Trust to Acquire Shanghai’s Huai Hai Mall for RMB 575 million
Treasury Holdings Real Estate Pte Ltd, Trustee Manager of Treasury China Trust (“TCT”) and one of China’s leading commercial property players, today announced that it has entered into a binding contract to acquire 100% of the Huai Hai Mall in… Read More>>