Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources … Read More>>
Featured Stories
Wanda Moves Forward With $605M London Deal Despite Govt Curbs
China's clampdown on outbound investment hasn't stopped Wanda Group from moving ahead with at least one overseas real … Read More>>
Sponsored Features
Hong Kong and Australia Lead APAC Hotel Deals in First Half of 2017
Hong Kong hosted three hotel purchases of over US$100 million in the first three months of 2017, and, as if not to be … Read More>>
JLL Sees Competitive Advantage in its Cutting Edge Shanghai Office
Workplace strategy has become a major new area of professional services in the last decade as companies from established … Read More>>
Breaking News
Wanda Flips Newly-Purchased $605M London Site to R&F
Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources familiar with the newly-transferred property indicating that the Chinese developer has transferred the Nine Elms Square site to a mainland… Read More>>
Wanda Beats Out Disney for Gansu Theme Park Deal and More Asia Real Estate Headlines
Wanda returns to its quest for theme park hegemony today by boldly going where Mickey and Minnie would fear to tread. Plus, a major state-run developer announces plans to ramp up Hong Kong projects just days after China’s top authorities… Read More>>
Wanda Moves Forward With $605M London Deal Despite Govt Curbs
China’s clampdown on outbound investment hasn’t stopped Wanda Group from moving ahead with at least one overseas real estate project, as the Beijing-based conglomerate has completed its £470 million ($605.3 million) acquisition of Nine Elms Square in London.
Wanda has… Read More>>
Ng Hsueh Ling Joins Lendlease as Singapore Managing Director
Australian property and infrastructure group Lendlease is ramping up its Asia leadership team by hiring Ng Hsueh Ling, former chief of Keppel REIT Management, as Managing Director for Singapore and Chief Investment Officer for Asia, the company has announced.
Ng,… Read More>>
Ascendas-Singbridge Buys Downtown Sydney Tower for $200M
Singapore’s Ascendas-Singbridge is buying a landmark office tower in downtown Sydney for A$252 million ($200 million), marking its second office acquisition in Australia.
The state-backed commercial developer announced on Friday that it has agreed to acquire 66 Goulburn Street, a… Read More>>
China’s State Council Puts Outbound Real Estate Deals on Endangered List
China’s State Council issued new rules on Friday spelling out restrictions on overseas investments by Chinese entities, which specifically target transactions involving real estate, hotels and other areas where mainland companies have become dominant cross-border players over the past five… Read More>>
China State Council Circular on Overseas Investment – Full Text
China’s State Council, the equivalent of the country’s cabinet, issued new rules on overseas investment on Friday, August 18th, which restrict investment in real estate, hotels and other sectors.
In the document, the top level central government body divides potential investment… Read More>>
LaSalle Secures $335M, Targets $1B for New Asia Fund
LaSalle Investment Management, the US-based real estate investment firm, is boosting the fundraising target for its Asia Opportunity V Fund (LAO V) amid strong demand from institutional investors for the region’s property assets.
Launched in August of last year, LAO… Read More>>
Real Estate Finance
LaSalle Secures $335M, Targets $1B for New Asia Fund
LaSalle Investment Management, the US-based real estate investment firm, is boosting the fundraising target for its Asia Opportunity V Fund (LAO V) … Read More>>
URWork Raises $178M From Prosperity Fund, Beijing Capital Land
Beijing-based flexible office startup URWork has displayed its fundraising prowess once again, announcing it has closed a RMB 1.2 billion ($178 … Read More>>
WeWork Acquires SG’s SpaceMob in $500M SE Asia, Korea Push
WeWork, the New York-based flexible office giant, has announced a $500 million investment in a new vehicle to fund its expansion in Southeast Asia and … Read More>>
Shanghai
Starbucks Buys Out East China JV for $1.3B, Plans 5,000 Mainland Shops by 2021
Starbucks is buying out its East China joint venture for around $1.3 billion in the company's biggest acquisition ever, … Read More>>
Understanding China’s Crackdown on Commercial-Titled Housing
Faced with skyrocketing housing prices in 2016, during the first half of this year, China implemented a fresh round of … Read More>>
AEW Reveals $226M Deal for CapitaLand’s Shanghai Office Tower
AEW Capital Management has been revealed as the buyer behind a recent $226 million (RMB 1.5 billion) deal for Shanghai's … Read More>>
Projects
New World Grabs 3rd Cheung Sha Wan Site for HK$3B
New World Development has picked up its third commercial site this year in the Cheung Sha Wan area of Hong Kong for HK$2.97 billion ($380 million), … Read More>>
ABP Opens Hong Kong Office to Market $2.2B London Project
Beijing-based developer Advanced Business Park (ABP) has officially opened an office in Hong Kong, as the business park specialist markets its plan to … Read More>>
Keppel, Wing Tai $327M JV Offer Tops 15 Other Bids for SG Condo Site
Keppel Land and Wing Tai Land have teamed up to place the top bid of S$446.3 million ($327 million) on a prime residential site in the Serangoon … Read More>>
Retail
Wanda Mall Sell-Off Raises Questions on Health of China Operations
During the last few weeks Dalian Wanda Group has announced the sale of more than $9.3 billion of its domestic hotel and tourism projects as the … Read More>>
CLSA Capital Partners Sells Hong Kong’s Zing! Retail Centre for $269M
CLSA Capital Partners has sold Zing!, a 27-storey retail-centre commercial building in the heart of Hong Kong's Causeway Bay retail district, for … Read More>>
Gaw-Backed Florentia Village Opens Hong Kong, Wuhan Outlets
Chinese shoppers with a taste for discounted luxury goods are in luck, as Florentia Village expands its network of designer outlets into central China … Read More>>
Asia Outbound
Wanda Flips Newly-Purchased $605M London Site to R&F
Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources familiar with the … Read More>>
Wanda Moves Forward With $605M London Deal Despite Govt Curbs
China's clampdown on outbound investment hasn't stopped Wanda Group from moving ahead with at least one overseas real estate project, as the … Read More>>
Ascendas-Singbridge Buys Downtown Sydney Tower for $200M
Singapore's Ascendas-Singbridge is buying a landmark office tower in downtown Sydney for A$252 million ($200 million), marking its second office … Read More>>
Hong Kong
New World Grabs 3rd Cheung Sha Wan Site for HK$3B
New World Development has picked up its third commercial site this year in the Cheung Sha Wan area of Hong Kong for … Read More>>
CLSA Capital Partners Sells Hong Kong’s Zing! Retail Centre for $269M
CLSA Capital Partners has sold Zing!, a 27-storey retail-centre commercial building in the heart of Hong Kong's Causeway … Read More>>
Gaw-Backed Florentia Village Opens Hong Kong, Wuhan Outlets
Chinese shoppers with a taste for discounted luxury goods are in luck, as Florentia Village expands its network of … Read More>>
Research & Policy
China State Council Circular on Overseas Investment – Full Text
China’s State Council, the equivalent of the country’s cabinet, issued new rules on overseas investment on Friday, August 18th, which restrict … Read More>>
Surging Supply Brought Down Office Rents in Q2 – Mingtiandi Shanghai Office Index
Developers enticed by Shanghai's burgeoning tech and service sectors are betting that the city needs more offices, with nearly a quarter million … Read More>>
Sunac is Latest Govt Target After $9.3B Wanda Deal
Sunac China has become the latest deal-hungry conglomerate to draw scrutiny from China's regulators, with domestic banks reviewing the Tianjin-based … Read More>>
Design & Construction
Benoy’s Parc Central in Guangzhou Wins Gold at ICSC China Awards
Hong Kong Developer Sun Hung Kai only opened its Parc Central shopping centre in Guangzhou last year, but the 83,000 square metre (900,000 square … Read More>>
Ping An Finance Center Now China’s Second Tallest
Ping An Finance Center, a 599-metre (1965-foot) skyscraper in Shenzhen is now officially China’s second tallest building. The Kohn Pedersen … Read More>>
Google and NASA Team Up to Bring You 30 Years of Chinese Development in 30 Seconds
China’s development over the past 30 years has been one of the world’s biggest success stories, but has also been a series of changes that have been … Read More>>
