BRIEF: GDS completes IPO for its data center property REIT
Data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) said on Wednesday it has completed the spin off and separate listing in Shanghai of a real estate investment trust (REIT) containing…
BRIEF: Vanke’s losses continue to grow in first half of 2025
Real estate developer China Vanke Co. Ltd. (2202.HK, 000002.SZ) warned on Monday that it expects to report a loss of between 10 billion yuan ($1.4 billion) and 12 billion yuan…
Red Star Macalline shines spotlight of hope on struggling retail property sector
The shopping mall operator said its losses continued to grow in the first half of this year, but indicated the rate of increase could be moderating Key Takeaways: Red Star…
BRIEF: GDS to separately list data center real estate assets as a REIT
Data center operator GDS Holdings Inc. (GDS.US; 9698.HK) said on Thursday that it plans to spin off and separately list its real estate assets as a real estate investment trust…
BRIEF: Greentown sales rise in May
Property developer Greentown China Holdings Ltd. (3900.HK) on Thursday reported its sales totaled 18.6 billion yuan ($2.59 billion) in May, up 14% year-over-year and up by an even stronger 60%…
BRIEF: Haitong offloads 20% pledged stake in Sunshine 100
Property developer Sunshine 100 China Holdings Ltd. (2608.HK) said on Monday that Haitong International sold 521 million of the company’s shares in the open market on May 21 and May…
BRIEF: Greentown’s sales drop 8% in first quarter
Property developer Greentown China Holdings Ltd. (3900.HK) logged contracted sales of 21.8 billion yuan ($2.98 billion) from its self-invested projects in March, down 5% year-on-year, the company said on Monday.…
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