Dalian Wanda Commercial Properties and R&F Properties signed a strategic cooperation agreement in Beijing to develop 25 commercial projects over the next five years with a total investment of RMB 30 billion, developing five each year between 2017 and 2021. The strategic cooperation between the two leaders in different segments of the real estate …
Tag Archives: commercial real estate in China
Canada Pension Plan Investment Board invests U.S. $375 mln in CapitaLand’s latest China real estate investment vehicle
Canada Pension Plan Investment Board (CPPIB) announced an investment of US$375 million in Raffles City China Investment Partners III (RCCIP III), CapitaLand’s third integrated development private investment vehicle in China. RCCIP III will invest in prime integrated developments in gateway cities in China. CPPIB’s investment represents a 25% stake in the investment vehicle. Mr. Jimmy …
Sales of the floor space of commercial buildings in China increase 1,4 pct in the first nine months
According to the National Bureau of Statistics of China, in the first nine months, the floor space of commercial buildings sold stood at 1,051.85million square meters, a year-on-year increase of 26.9 percent, and was up by 1.4 percentage points over the first eight months of 2016. Of the total, the floor space of residential buildings …
Wanda Group opens 145th Wanda Plaza in China
Tongliao Wanda Plaza opened in Inner Mongolia on July 22, becoming the 145th Wanda Plaza to open nationwide.Around 280,000 visitors flocked to the plaza on its opening day and shops recorded a turnover of nearly RMB17 million. Tongliao Wanda Plaza is located in the city’s old district. The plaza consists of an international department store, …
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