Home prices are hitting new records in Shanghai and the government seems to be unhappy. The result for homebuyers could be minimum 50 percent down-payment levels and the upshot for developers could be lower demand for housing. Plus, China’s biggest… Read More>>
Knight Frank Appoints Bunny Wang Head of Intl Capital Markets and Project Marketing for China
The flood of Chinese capital into foreign real estate markets is claiming more of the attention of international property brokerages, and UK-based Knight Frank made its own bid to capture a bigger slice of mainland cash today by announcing Bunny… Read More>>
E-Shang Redwood Wins LEED Gold for Kunshan Warehouse
Regional warehouse developer e-Shang Redwood (ESR) has won LEED Gold certification for its Redwood Kunshan Distribution Centre 1 in Kunshan, Jiangsu province, a burgeoning logistics hub just west of Shanghai.
The 61,851 square metre, two-storey facility won the high level… Read More>>
Dalian Wanda on the Hunt for Hollywood Studios and More Asia Real Estate Headlines
China’s richest man remains determined to go Hollywood, as Dalian Wanda boss Wang Jianlin revealed this week that he plans to buy a top US movie studio. Another headline grabber is back in the news today with Anbang Insurance reportedly… Read More>>
Country Garden Expects $3 Bil in 2016 Sales From Malaysian Megaproject
One of China’s biggest builders is counting on a surge of sales from a $121 billion project it is building on a set of reclaimed islands between Malaysia and Singapore to bring in more than $3 billion in new sales… Read More>>
Kerry Properties Posts 34% Drop in Core Earnings and More Asia Real Estate Headlines
This week sees a flurry of new financial reports from the region’s property developers, with 2016’s winners and losers rapidly being sorted out. Also, a Blackstone joint venture in India announces plans for $745 million in office investments, while New… Read More>>
Asia Real Estate People in the News 2016-08-22
Our last week in August finds still more Asia real estate folks landing in new roles, and even some people outside of Asia. Gaw Capital could be on the lookout for a new head of its US operations, if any… Read More>>
Ping An Ramping Up Outbound Deals by 500%, Has $22.5B to Spend
Ping An Insurance is already one of China’s biggest cross-border buyers of real estate, but the mainland financial giant now says it could raise its overseas property holdings by as much as 500 percent within five years, as investment returns… Read More>>
Joy City Sells Stake in 6 Mainland Projects to GIC and China Life for $1.4B
Mainland commercial developer Joy City has agreed to sell a 49 percent stake in six mixed-use projects in China to an investment fund to be controlled by Singapore’s GIC and mainland insurer China Life for RMB 9.29 billion ($1.4 billion).
Wanda’s HK De-Listing Set For September and More Asia Real Estate Headlines
Wang Jianlin will finally get his wish come September this year, after rounding up support to de-list Wanda Commercial Properties from the Hong Kong exchange, in favor of a mainland listing. Meanwhile, GLP teams up with a state-run manufacturer to… Read More>>
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