Real estate prices in Nanjing have risen more than 36 percent in the last year and in Xiamen the cost of a new home has shot up by over 44 percent in the same period as the Chinese government has… Read More>>
Hangzhou House-Buying Zombies Break Down Doors in Real Estate Frenzy
It may have seemed like an attack by the undead, but a crazed mob that tore the doors off a Hangzhou real estate office last weekend came in search of apartments, not human flesh.
When homes went on sale at… Read More>>
Wanda Accused of Buying Influence in Beverly Hills Battle and More Asia Real Estate Headlines
Wang Jianlin hits the international headlines again today, with the billionaire chief of Dalian Wanda Group now being accused of cross-border influence buying as his Beverly Hills development project tries to win government approvals in Los Angeles. Also in the… Read More>>
Sunac Spends RMB 4 Bil on Stake in Chongqing Developer and More Asia Real Estate News
Mainland developer Sunac continued to dominate the headlines today, spending another 4 billion to buy a stake in a competitor, after buying 42 projects from Legend Holdings late last week. Also in the news, China’s largest sovereign wealth fund took… Read More>>
BuroHappold Brings Over Nick Greenwood to Head Asia Business
UK built-environment consultancy BuroHappold Engineering has appointed a new head for its Asia business as the company reshapes its management globally.
BuroHappold partner Nick Greenwood has relocated from the company’s Bath Headquarters to take over as Asia Director and Engineering… Read More>>
China’s Greenland Group Opens Securities Division and More Asia Real Estate Headlines
In the news today one of China’s top developers has decided that selling stocks and bonds may be the new path to easy money and has opened its own brokerage. Also in the news, Korea’s Mirae sets up a new… Read More>>
Blackstone Said Planning India’s First REIT and More Asia Real Estate Headlines
Crescendoing housing sales in Hong Kong and on the mainland dominate the headlines today with China’s government struggling to find ways to contain an asset bubble while continuing to fuel top-line economic growth. Leading the way, however, is the world’s… Read More>>
Sunac China Agrees to Buy 42 Projects from Legend Holdings for $2.1B
Sunac China has agreed to buy substantial stakes in 42 real estate projects from investment firm Legend Holdings for RMB 13.7 billion ($2.1 billion) as the developer controlled by tycoon Sun Hongbin takes another swing at joining the big leagues… Read More>>
Li Ka-Shing’s CK Property Jumps Back into HK Market with $252M Site Acquisition
Pronouncements of Li Ka-shing’s retreat from Greater China real estate markets may have missed the mark after Hong Kong’s richest man beat out Sun Hung Kai, China Vanke and 14 other bidders to win its first Hong Kong land auction… Read More>>
ARA Said Buying 50% Stake in SG’s Capital Square From Alpha
ARA Asset Management is said to have won its bid to purchase a 50 percent stake in Singapore’s Capital Square from Alpha Investment Partners, according to an account in Bloomberg.
No transaction price was disclosed for the 16-story building at… Read More>>
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