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Michael Cole

John Saunders

BlackRock Buys Shanghai Office Tower for $199M

2017/04/27 by Michael Cole Leave a Comment

The world’s largest asset manager has just bought a piece of Shanghai’s office market as demand for real estate assets in China’s commercial capital continues to grow.

BlackRock has paid RMB 1.37 billion ($199 million) to Hong Kong Shanghai Alliance… Read More>>

Wang Jianlin

Credit Squeeze Pushes Developers to Asset-Backed Securities and More Asia Real Estate Headlines

2017/04/27 by Michael Cole Leave a Comment

Readers of today’s headlines may be sharpening their screenwriting skills as the opportunity to write the Chinese version of the Big Short is looking more likely than ever before. Also, in the news, China’s richest man adds marathons to his… Read More>>

Wang Shi Vanke

Xi’an Shuts Down 12 Vanke Projects After Accusing Top Developer of Illegal Sales

2017/04/26 by Michael Cole Leave a Comment

China’s government has made controlling its frothy real estate market a top priority in 2017, and authorities in Xi’an have taken this war on homebuying to a new level by shutting down sales of 12 projects belonging to the country’s… Read More>>

Anuj Puri JLL

JLL Sells India Residential Division to Former MD Anuj Puri

2017/04/26 by Michael Cole Leave a Comment

International property consultancy JLL is selling its India residential brokerage arm to former India head Anuj Puri. Puri, who left the firm on 28 February, has worked closely with the JLL India and Asia Pacific leadership teams to complete the… Read More>>

Kwek Leng Beng

CDL Beats Out Mainland Rivals to Win S$370M SG Site and More Asia Real Estate Headlines

2017/04/26 by Michael Cole Leave a Comment

Leading today’s news, most of the bidders for a site on Singapore’s upper east coast were from China, but a locally built champion won the rights to build 715 apartments to the island nation. Meanwhile, down in Sydney, Shanghainese developer… Read More>>

Asia’s Richest Woman Gets Ready for New York IPO and More Asia Real Estate Headlines

2017/04/25 by Michael Cole Leave a Comment

Leading today’s news, Asia’s richest woman could get wealthier still, thanks to an upcoming $200 million New York IPO for developer Country Garden’s education affiliate. Also in the headlines, a site along Hong Kong’s West rail line draw 35 expressions… Read More>>

Chloe Choi

Asia Real Estate People in the News 2017-04-24

2017/04/24 by Michael Cole Leave a Comment

Leading off the region’s list of familiar faces in new places this week, one of the mainland’s biggest buyers of real estate has started acquiring talent as well, as a senior banking veteran gets a new ticket with HNA. Also… Read More>>

Li Ka-shing Australia

Li Ka-shing Wraps Up Biggest Overseas Deal Ever and More Asia Real Estate Headlines

2017/04/23 by Michael Cole Leave a Comment

At the top of the news today, One of Hong Kong’s biggest property developers has won out in his attempt to buy an Aussie power company, a top 10 mainland homebuilder broke $1 billion in operating profit by the end… Read More>>

chinatown toronto

Ontario Slaps 15% Tax on Foreign Buyers and More Asia Real Estate Headlines

2017/04/21 by Michael Cole Leave a Comment

Leading the news today, the rolling ball of Chinese hot money may need a new target soon after the Canadian province of Ontario followed the lead of Vancouver, Singapore and Hong Kong in placing a 15 percent duty on foreign… Read More>>

Wang Jianlin

Wang Jianlin Blames Officials for Failed US Deal and More Asia Real Estate Headlines

2017/04/20 by Michael Cole Leave a Comment

China’s richest man is known for his close relationships with the families of some top officials, but it seems that even those high level contacts may be no match for the country’s capital controls, according to a story leading today’s… Read More>>

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