Leading the real estate news today from around Asia, the mainland company that bought Darwin port in Australia three years ago now has won approval for a new luxury hotel next to the controversial port project. Also in the news,… Read More>>
Vanke, China Merchants Shekou Pick Up RMB 6.2B in Shanghai Sites
Shanghai sold a pair of residential sites for a total of RMB 6.2 billion today as China Vanke and China Merchants Shekou swooped on the new projects in the city’s Qingpu District.
The set of transaction pave the way for… Read More>>
Asia Real Estate People in the News 2018-07-23
Brokers and architects feature in this week’s roundup of familiar faces in new places, as Cushman & Wakefield promotes a senior investment advisor and a pair of heavyweight US design firms find new leadership for their teams in the region…. Read More>>
China Shut Down RMB 5.4B in Developer ABS Issues in July
Mainland stock exchanges have suspended or terminated at least six asset-backed securities (ABS) issuances worth more than RMB 5.4 billion ($798 million) so far this month, igniting fears that authorities have broadened their clampdown on financing for Chinese real estate developers… Read More>>
Anbang Said Looking to Sell $10B in Overseas Properties and More Asia Real Estate Headlines
With HNA’s clearance sale still in full force, another of China’s high profile cross-border players is getting ready for its $10 billion end of season promotion. The mainland’s biggest developer also continues to grab headlines for all the wrong reasons… Read More>>
HNA Said Selling Shenzhen Project to Tianji Wealth for RMB 1.6B
Continuing HNA’s ongoing series of asset sales, local media reports emerged today that the mainland conglomerate’s Hainan Airlines Real Estate unit is selling a mixed-use complex in Shenzhen for RMB 1.6 billion ($240 million).
The latest asset to go out… Read More>>
Minsheng Unit Breaks Ground on San Francisco Tower and More Asia Real Estate Headlines
A cross-border development unit of China Minsheng Investment has broken ground on its first project in San Francisco, where home will costs at least $2.5 million just to build. Also in the news, the “charitable foundation” which HNA set up… Read More>>
Beijing Cracks Down on Illicit Loans for Land Purchases
The average price of buying a new home in China rose five percent in June compared to the same month in the previous year, but Beijing’s home price inflation firefighters are already showing their readiness to keep the city’s rekindled… Read More>>
Thailand’s Central Group Hopes for $1B Retail IPO and More Asia Real Estate Headlines
Department stores are closing down faster than popsicle stands in November in most parts of the world, but Thailand’s largest retailer makes news today with news of plans to use its collection of department stores to anchor a hoped for… Read More>>
Country Garden Denies Bribing Politicians to Help Secure Sydney Area Sites
Australia’s real estate market has been scorching in recent years with brokers struggling to supply an adequate pipeline of sites to both local developers and a growing cast of mainland players hungry to build more homes in Sydney, Melbourne and… Read More>>
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