Maybe it’s the memories of jetliners buzzing the Kowloon shoreline, but China’s HNA seems to have a particular fondness for Hong Kong’s Kai Tak area. The mainland conglomerate is said to be finalising a deal to spend HK$2 billion ($257… Read More>>
Anbang Threatens Lawsuits, Denies Reports of Wu’s Detainment
Anbang Insurance this weekend lashed out at media accounts of legal and financial crises at the high profile Chinese investor, threatening lawsuits while denying accounts of cashflow struggles and chairman Wu Xiaohui’s detention by authorities.
Anbang, which leapt onto the… Read More>>
Chinese Capital Moves Towards Domestic Residential Projects Sponsored Feature
Despite 64 cities in China imposing new and stricter property buying curbs, home buyers’ appetite in the country remains unabated, especially outside the Tier 1 cities. Average home prices in 70 major Chinese cities rose by 0.7% in March compared… Read More>>
Big Mainland Brokerage Deals: Q1 2017
Today Mingtiandi kicks off the first edition of a new feature on deals brokered or significant appointments garnered by major property consultancies.
We assemble this list from official announcements and from social media postings by the agencies themselves, with all… Read More>>
Asia Real Estate People in the News 2017-05-01
As we move into May the Asia Pacific region’s crew of property professionals continue to find new and more challenging roles. Topping this week’s list is an executive at the world’s largest asset manager who now adds COO to his… Read More>>
BlackRock Buys Shanghai Office Tower for $199M
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>>
Credit Squeeze Pushes Developers to Asset-Backed Securities and More Asia Real Estate Headlines
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>>
Xi’an Shuts Down 12 Vanke Projects After Accusing Top Developer of Illegal Sales
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>>
JLL Sells India Residential Division to Former MD Anuj Puri
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>>
CDL Beats Out Mainland Rivals to Win S$370M SG Site and More Asia Real Estate Headlines
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>>
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