Projects Archives - Page 70 of 72

CapitaLand Acquires Residential Site in Ningbo for US$181 Mil

2014/01/27 by Michael Cole Leave a Comment

CapitaLand China, a subsidiary of Singapore’s largest real estate developer announced recently that it had acquired a residential site in the port city of Ningbo in eastern China’s Zhejiang province for S$232 million (US$181.45 million).

The 57,370 square metre site in the Sunjia area of the city’s Jiangbei district was acquired through a government land auction, and CapitaLand said in a statement that it intends to develop approximately 1,100 homes on the property.

CapitaLand China, a subsidiary of Singapore's largest real estate developer announced recently that it had acquired a … Read more>>>

CITIC and Swire Plan 295K Sqm Mixed-Use Project in Dalian

2014/01/27 by Michael Cole Leave a Comment

CITIC Real Estate, Dalian Port Real Estate and Swire Properties jointly announced today that the three parties have signed a framework agreement to jointly develop a project in Dalian Port.

The signing took place in Dalian. Song Chuan, Chief Executive… Read More>>

CITIC Real Estate, Dalian Port Real Estate and Swire Properties jointly announced today that the three parties have … Read more>>>

Fosun Plans 7-Star Resort Hotel Near Shanghai Disneyland

2014/01/21 by Michael Cole Leave a Comment

Fosun International Ltd, the closely held Chinese conglomerate which owns Club Med, plans to build a 7-star resort hotel near Shanghai’s Disneyland.

According to a report in the official People’s Daily, Fosun CEO Liang Xinjun indicated that the group would build it’s second Atlantis Hotel near the as yet incomplete Disney project. “They (Atlantis executives) are really interested in building it near Disneyland,” Liang commented.

Fosun International Ltd, the closely held Chinese conglomerate which acquired Club Med last year, plans to build a … Read more>>>

Mapletree Sets Records with HK$3.77B Buy of Hong Kong Site

2014/01/20 by Michael Cole Leave a Comment

A fund managed by Singaporean real estate developer Mapletree set new records for land prices in Hong Kong’s Kowloon district recently with its purchase of a commercial site for HK$3.77 billion (US$486 million).

The successful bid by Mapletree investments, beat… Read More>>

A fund managed by Singaporean real estate developer Mapletree set new records for land prices in Hong Kong's Kowloon … Read more>>>

Greenland Picks China Resources as Partner for $985M Shanghai Site

2014/01/15 by Syndicated Content Leave a Comment

Greenland Hong Kong Holdings Ltd. (337), part of Chinese state-owned Greenland Holding Group Co., announced yesterday that it will partner with fellow state-run developer, China Resources Land Ltd. (1109) to develop a Shanghai site it bought last month for 5.95 billion yuan ($985 million).

According to a statement filed with the Hong Kong Stock Exchange, the two companies will form a 50-50 venture for the site in the city’s Huangpu district.

Greenland Hong Kong Holdings Ltd. (337), part of Chinese state-owned Greenland Holding Group Co., announced yesterday … Read more>>>

Shimao Raises $600M in Bonds as China’s Developers Struggle for Cash

2014/01/15 by Syndicated Content Leave a Comment

Shimao Property raised a $600 million seven-year note on Tuesday, joining the flurry of Chinese developers that have tapped the market this year amid tighter onshore banking liquidity and concerns over a potential rise in interest rates.

The Hong Kong-listed group’s transaction on Tuesday – with a callable option in the fourth year – is the longest in duration and lowest in coupon done in the high-yield space so far this year.

Shimao Property raised a $600 million seven-year note on Tuesday, joining the flurry of Chinese developers that have … Read more>>>

Greenland HK May Create Venture to Develop Shanghai Land

2014/01/13 by Syndicated Content Leave a Comment

Greenland Hong Kong Holdings Ltd. (337), a real estate unit of Chinese state-owned Greenland Holding Group Co., said it may create a venture to develop land it bought in Shanghai last month for 5.95 billion yuan ($983 million).

The company is in talks with a “reputable property developer” in China for the investment, according to a Hong Kong stock exchange filing yesterday.

Greenland Hong Kong Holdings Ltd. (337), a real estate unit of Chinese state-owned Greenland Holding Group Co., said it … Read more>>>

US Developer Tishman Speyer Stands Out in China Real Estate

2014/01/13 by Syndicated Content Leave a Comment

As foreign developers have raced to participate in the Chinese growth miracle, few have been more aggressive than Tishman Speyer Properties LP, which has invested some $3 billion since 2006.

Now as the Chinese economy appears to be cooling and some analysts warn of vacancies in so-called ghost cities, Tishman Speyer shows no sign of retreat.

As foreign developers have raced to participate in the Chinese growth miracle, few have been more aggressive than … Read more>>>

Shanghai Tower Seeks Help to Lease Out 220k Sqm of Office Space

2014/01/08 by Michael Cole Leave a Comment

China’s state-run real estate developers might be getting more market-oriented, or it could be that someone in the Shanghai city government realises that leasing out 220,000 square metres of office space is not a matter to be lef to chance.

In any case, the state-owned developers of the Shanghai Tower, have announced that they are seeking leasing agents to help fill the building.

China's state-run real estate developers might be getting more market-oriented, or it could be that someone in the … Read more>>>

Dalian Wanda’s Wang Jianlin Declares War on Disney

2014/01/06 by Michael Cole Leave a Comment

China’s richest man is getting ready to face off with the world’s best known mouse.

Wang Jianlin, the founder of real estate developer Dalian Wanda has announced plans to invest tens of billions of renminbi into a “cultural city” destination… Read More>>

China's richest man is getting ready to face off with the world's best known mouse. Wang Jianlin, the founder of real … Read more>>>