Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, has signed an agreement with Greentown Real Estate Group to invest RMB 15 billion over the next three years in real estate projects developed by the Hangzhou-based property developer, sources reported. Ping An Trust...
Leading Chinese property developer Poly Real Estate Group Co Ltd<600048> today announced that its parent company, Poly Group, intends to raise its holding in the Shanghai-listed unit by up to 2% over a 12-month period, sources reported.The real estate developer said in a statement that on Wednesday Poly...
Hangzhou Binjiang Real Estate Group Co<002244> yesterday won the bid for a piece of land in Hangzhou, Zhejiang Province for RMB 1.92 billion or RMB 11,200 per square meter of potential floor area, compared with the staring price of RMB 1.11 billion, sources reported.The parcel, located in Hangzhou's Jianggan...
Real estate refers to the total of the house property and the land property, more concretely any buildings and annexes on the land.
Risesun Real Estate Development Co Ltd<002146>, which mainly deals with businesses in Hebei Province, Jiangsu Province, Anhui Province and Shandong Province, on Aug. 1 announced that it has won a bid for a piece of residential land for RMB 538.61 million in Wucang District, Handan, Hebei Province,...
China Ping An Trust & Investment Co Ltd, a subsidiary of the country's second-largest insurer, Ping An Insurance (Group) Co<601318><2318>, has inked a memorandum of understanding with AXA Real Estate Investment Managers to jointly develop high-end residential projects in China, the Wall Street...
* Q2 commercial real estate delinquency rates hits 4.5 pct * Q2 nonaccrual rate rises to 2.6 percent (Adds Jones Lang LaSalle investment banker comment) NEW YORK, July 23 - For the past six months...
Oceanwide Real Estate Group Co Ltd<000046> plans to inject RMB 800 million into Wuhan Wang Jiadun CBD Construction & Investment Co Ltd, a subsidiary based in Wuhan, Hubei Province, sources reported. The Shenzhen-listed enterprise will purchase 800 million shares issued by the subsidiary at an average...
NEW YORK, July 21 - Regions Financial Corp said on Tuesday that mounting losses on commercial and real estate drove the large U.S. Southeast regional bank to a second-quarter loss. The net loss applicable to...
NEW YORK, July 17 - The potential for multibillion-dollar writedowns in General Electric Co's $84 billion real estate portfolio is emerging as one of the key questions about the future of its GE Capital unit....