The big trend in real estate jobs this year seems to be real estate professionals finding new homes in the co-working world, as yet another agency veteran signs up with a shared office provider. Also this week, a former mainland… Read More>>
Logan and KWG Pay Record $2.2 Bil for Site on HK’s Ap Lei Chau Island
Hong Kong’s property wildfire continues to rage after a pair of mainland developers agreed on Friday to pay a record HK$16.86 billion (US$2.17 billion) for a waterfront residential site on the city’s Ap Lei Chau island, according to an announcement… Read More>>
CIC Chief Resigns Ahead of Party Reshuffle
The head of China’s CIC, Ding Xuedong, has stepped down from his role at the $810 billion sovereign wealth fund, according to an account in mainland business website Caixin on Friday.
Ding’s resignation comes amid a broad reshuffle of China’s… Read More>>
Chinese Homebuyers May Be Abandoning California Dreams and More Asia Real Estate Headlines
Leading today’s headlines is the sudden disappearance of China’s cashed-up millionaires from the southern California property market, as the mainland’s capital controls hit home. Also in the news, James Packer’s Crown Resorts is backing away from plans to fill its… Read More>>
GIC Bets on a Bigger Swamp with $1.1 Bil DC Office Deal
Donald Trump may have promised to “drain the swamp” in Washington, but the number crunchers at Singapore’s sovereign wealth fund are willing to make a $1 billion bet that there will be more lobbying business and strategic advisors crowding around… Read More>>
Gambling Giants Rush to Invest $10B for Japanese Casinos and More Asia Real Estate Headlines
The big news today could make pachinko passe as Japan gets ready for the 21st century money-milking machines that are modern casinos. While Melco Crown’s Lawrence Ho looks to Japan for his next deal, China Vanke has found a way… Read More>>
Shanghai’s $15.1 Bil in Real Estate Transactions Tops in APAC for 2016
Shanghai ranked as the top city for real estate investment in Asia Pacific in 2016 thanks to a $3 billion surge in major transactions from the previous year, according to figures published by JLL.
The mainland financial centre ranked fifth… Read More>>
Singapore’s Perennial Hires New CEO for Healthcare Division
Perennial Real Estate Holdings has hired health care industry veteran Liak Teng Lit to serve as CEO of its rapidly expanding healthcare division, and COO of the Singapore-listed property group.
The top level hire was announced by Perennial on Friday,… Read More>>
BlackRock Tracks Chinese Assets From Outer Space and More Asia Real Estate Headlines
Getting information on the China market can be tough, but leading the news today is a report that asset manager BlackRock now suggests that investors may have to travel halfway to the moon for clearer answers on mainland businesses. Also… Read More>>
R&F Pays Fine, Escapes Liquidation in Brisbane and More Asia Real Estate Headlines
Part of learning about the development industry in western markets appears to involve getting acquainted with the court system – at least for R&F Properties, as the Guangzhou-based developer settles a court case that nearly closed down its biggest project… Read More>>
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