Asia Pacific real estate investment news and information
After enjoying a four month honeymoon following China Evergrande’s June decision to invest $2 billion in his Faraday Future electric car startup, mercurial mainland entrepreneur Jia Yueting is ready to call it quits with his latest white knight.
Evergrande Health,… Read More>>
During China’s golden week, buyers of Country Garden homes mobbed the company’s sales centres in several cities after the country’s largest developer by sales began offering discounts that made new homes cheaper than the price paid by earlier customers.
The… Read More>>
Blue chip Hong Kong developer Wheelock and Co has sold a trio of retail properties in the city’s Tseung Kwan O area to private equity fund manager Phoenix Property Investors for HK$3.38 billion ($432 million), according to an announcement issued… Read More>>
Tencent and Hillhouse Capital have signed a RMB 1 billion ($145.6 million) strategic investment agreement with Japanese-style retailer Miniso, according to an announcement by the Guangzhou-based company on Monday.
“The investment of Tencent and Hillhouse Capital will help the future… Read More>>
Henderson Land Development has reportedly received a HK$7.3 billion ($930 million) offer from an undisclosed financial group for the FWD Financial Centre, a grade A office building at the western fringe of the city’s Central district, according to a source… Read More>>
Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed to purchase a serviced apartment building in Hong Kong’s Sai Ying Pun area for HK$730 million ($93 million).
Hanison, which is… Read More>>
CapitaLand on Tuesday announced its “office of the future” strategy, which aims to integrate co-working style “flexible office space” into the developer’s traditional commercial projects. The Singaporean real estate giant says it is already at work implementing the new strategy… Read More>>
Just over two years after spending $554 million to acquire Shenzhen-listed China Calxon Group, the mainland’s second-largest developer by sales may have finally found a use for the company once thought to give Xu Jiayin’s real estate giant a back-door… Read More>>
Cigna Worldwide Life Insurance has become the latest multinational to flee the rising costs of Hong Kong island office space for Kowloon’s more budget-friendly shores, according to local media reports.
The US-based insurer is set to become neighbours with HSBC… Read More>>
A subsidiary of mainland shipping giant Cosco made Shanghai’s biggest land buy of September when it picked up a 145,800 square metre (1.57 square foot) mixed-use plot in Baoshan district for the auction reserve price of RMB 4.1 billion ($596.2 million),… Read More>>
