The Chinese appetite for American housing is sharper than ever, with Chinese topping the list of foreign homebuyers in the US for the fourth year in a row.
According to a recent survey of American realtors, people from mainland China,… Read More>>
naked Hub, JustGroup Merge to Create Asian Co-Working Powerhouse
naked Hub, the Chinese flexible office provider, is joining forces with Singapore’s JustGroup to create Asia’s leading operator of high-end co-working space and compete with US giant WeWork, the companies announced Tuesday.
The merger of the two shared office players… Read More>>
Chinese Estates Buys $1B Stake in Mainland Development Giant Evergrande
Hong Kong developer Chinese Estates Holdings has deepened its longstanding ties with China Evergrande, revealing it has acquired a five percent stake in the mainland’s largest homebuilder since April for a total price of HK$8.1 billion ($1.04 billion).
The news… 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 developer’s credit risk following its decision to buy $9.3 billion worth of property assets from Dalian Wanda Group.
The China… Read More>>
US Tops the List as Half of Chinese Millionaires Look Overseas
The Chinese government’s tightening grip on cross-border capital flows isn’t stopping many of the nation’s high net worth individuals (HNWIs) from heading abroad in search of investment opportunities, better school systems and cleaner air.
The US remains the destination of… Read More>>
China Says Wanda’s Cross-Border Entertainment Deals Violate Capital Controls
Dalian Wanda Group was once the standard-bearer for Chinese companies investing overseas as the mall builder headed by Wang Jianlin bought up everything from trophy buildings to cinema chains in a global expansion drive. But that shopping spree appears to… Read More>>
Blackstone Said in Talks to Buy $525M Indian Property Fund
Blackstone Group is reportedly in talks to acquire a $525 million India real estate fund, adding to the US private equity giant’s $3 billion of property investments in the country. The New York-based company is looking to buy ILFS India… Read More>>
Yanlord, Perennial Lead $1.3B Deal for United Engineers and More Asia Real Estate Headlines
At the top of today’s news, Yanlord Land and Perennial Real Estate are leading a group to acquire United Engineers, the century-old Singaporean property firm, for $1.3 billion in one of the city-state’s biggest recent property takeover deals. Further north,… Read More>>
Naked Hub Unveils First Hong Kong Co-Working Centre in Sheung Wan
naked Hub, the Shanghai-based co-working startup, has just landed in Hong Kong, unveiling its first centre outside the mainland in the city’s Sheung Wan area. The new facility marks a milestone for the company backed by Gaw Capital as it… Read More>>
CapitaLand, CCT and Mitsubishi Team Up for $1.3B Singapore Tower
Property giant CapitaLand is teaming up with a Japanese partner and its own REIT affiliate to build a new S$1.82 billion ($1.32 billion) mixed-use project in Singapore’s downtown financial district, amid a flurry of office investment deals in the island… Read More>>
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