China Vanke Expands to the US with San Francisco Property Deal



China Vanke Co, the largest Chinese stock exchange listed developer, has just closed its first property deal in the US real estate market, acquiring 70% of a residential project in San Francisco owned by Tishman Speyer Properties LP. The two companies signed the deal on February 12, but didn’t make the details public.

China Finally Begins to See Nationwide Price Cuts for New Homes



Home buyers in China are finally seeing prices of new homes come down, as developers’ battle against increasing inventories and ever stricter government measures. The price drops were begun by one of the country’s largest real estate developers, China Vanke, who have lowered the prices of housing projects in Beijing and South Guangdong province, with […]

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