Asia Pacific real estate investment news and information
Following months of rumours about his fate, Anbang Insurance chairman and CEO Wu Xiaohui has been detained by Chinese authorities, according to reports in mainland state-owned media.
The controversial insurance executive was taken away by “relevant departments” on Friday, according… Read More>>
The Shanghai government today announced modifications to its rules punishing owners and developers of commercial-titled apartments after hundreds of homebuyers protested the policy measures over the weekend.
In a statement posted on the city’s Housing and Urban-Rural Development office website… Read More>>
Court dates and innovation dominate today’s real estate headlines. Billionaire James Packer finds his staff headed to trial on gambling charges in China, while the owners of developers Great Eagle and Shui On will be asking a judge to help… Read More>>
School’s out for summer across much of Asia, but many of the region’s real estate professionals are still learning new roles this week, according to our sources here at Mingtiandi. Leading the list of familiar faces headed for new places… Read More>>
A rare attempt at a hostile takeover targetting China Vanke has ended with China Evergrande Group selling off a hard-bought 14 percent stake in the developer to a Shenzhen government company at a RMB 7.07 billion ($1.04 billion) loss, according… Read More>>
A Chongqing-based developer has closed one of London’s biggest real estate acquisitions ever thanks to some help from Bank of China. Also in today’s headlines, the staff of fugitive billionaire Guo Wengui may be wishing they’d taken that job at… Read More>>
Leading today’s headlines, Hong Kong wakes up to a new one country, one set of SOEs system, Asia’s biggest REIT pays out 8.7 percent to its unit-holders and Singapore gets ready to put two more public housing projects up for… Read More>>
Hong Kong’s Mandarin Oriental Hotel group began testing buyer interest in the Excelsior Hotel in the city’s Causeway Bay district for a sale that could bring the Jardines-owned luxury hotel brand as much as HK$27 billion ($3.4 billion).
The London… Read More>>
At the top of today’s headlines, a Hong Kong academic finds that a lack of happy families could be adding to the city’s rocketing home prices. Also in the news, China Everbright plans a new US dollar denominated China real… Read More>>
Debt is our theme in today’s real estate headlines for the region, as a much-trouble mainland construction and property group says it may not be able to pay what it owes on the same day that the country’s most indebted… Read More>>
