Asia real estate and outbound investment news
China’s ninth largest developer by sales introduced a new chairman this week, as Hong Kong-listed China Resources Land welcomed its second helmsman of 2019.
Wang Xiangming took over as chairman of the real estate development unit of state-owned China Resources… Read More>>
China’s 11th largest real estate developer in terms of sales, China Resources Land announced a reshuffle of its executive suite Tuesday evening with the appointment of Tang Yong（唐勇）as chief executive officer of the Hong Kong-listed company, Li Xin as the… Read More>>
Mainland state-owned conglomerate China Resources is said to have snapped up one of Hong Kong’s most prestigious home sites, and has set a land price record in the process.
The Shenzhen-based giant, which invests in businesses from retail to energy… Read More>>
After a year of sizzling price increase, Hong Kong’s housing market leads the news today with signs of a cool down. Also in the headlines, a strata-titled office floor has changed hands and the city’s housing crisis may get some… Read More>>
The suburbs of Shanghai saw nearly RMB 13.05 billion ($1.99 billion) of residential land change hands this past week, as the city seeks to boost new apartment supply to bring relief to its housing-hungry population.
The nearly two billion dollar… Read More>>
A brief calm in the ongoing battle between Vanke founder Wang Shi and the company’s largest shareholder, Baoneng Group, was broken today when an independent member of the Chinese developer’s board confirmed that Baoneng’s Vanke share purchases had been funded… Read More>>
Singapore’s sovereign wealth fund homes to find buried treasure in America’s trailer parks, while China’s SWF plucks a new chief from the Shanghai government. Meanwhile, Greentown has a Hong Kong IPO for you, and much more if you just read… Read More>>
The battle for control of China Vanke, the mainland’s largest property developer, has become an all-out war as the company’s largest shareholder has filed a motion to remove chairman Wang Shi and nearly all of the company’s board. The move… Read More>>
China Vanke’s RMB 45.6 billion ($6.9 billion) bid to escape a ‘hostile takeover’ from its largest shareholder has been jeopardized after a recently signed agreement apparently failed to get enough votes from the Shenzhen-based developer’s board of directors.
In a… Read More>>
While real estate deal watchers have been focusing on Anbang’s bid(s) for Starwood, back on the mainland the dramatic struggle to control China’s largest property developer took an unexpected twist today. Also a Chinese mall developer hopes to raise big… Read More>>
