Asia Pacific real estate investment news and information
Shanghai Municipal Investment (SMI), the developer of the 128-storey Shanghai Tower, is said to be partnering with New York’s Extell Development on a $2.98 billion project in Manhattan.
Documents filed in Delaware, and reported by The Real Deal, indicate that… Read More>>
Asia’s real estate players opted not to take a break, even on an August weekend, with China’s sovereign wealth fund said to be closing in on an A$500 million investment into a Melbourne project, while a certain US presidential candidate’s… Read More>>
Guo Guangchang’s Fosun, one of China’s biggest property investors, is expanding its portfolio into sports teams, as the Shanghai-based firm is said to be seeking to acquire AC Milan, after buying the UK’s Wolverhampton football team last month. Also in… Read More>>
China’s richest man may have just gotten a bit poorer after Internet giants Tencent and Baidu apparently walked away from a $3 billion ecommerce joint venture with Wang Jianlin’s Dalian Wanda group.
Just two years ago, Wang was trumpeting the… Read More>>
One of China’s biggest cross-border investors says it may try some divestment, although Guo Guangchang’s Fosun isn’t yet saying what assets it might put on the block. Also in the news today, Vancouver is already feeling the impact of a… Read More>>
Leading US developer Hines teamed up with China’s Gemdale Properties & Investment in May to help kickstart a Boston project that has been in the works since 1990.
Now, just over three months later, the transpacific partners have submitted revised… Read More>>
NYSE-listed Xinyuan Real Estate has purchased a theatre in Queens, New York from JK Equities LLC for $66 million, as the mainland Chinese developer prepares to build its third condo project in New York City.
Xinyuan, which in 2012 was… Read More>>
Among the biggest stories as we kick off August is the strong performance of China’s residential market, where sales rose again in July. That upswing helped some mainland developers to announce better than expected sales, while their Hong Kong counterparts… Read More>>
Hong Kong-based Gaw Capital has made its latest purchase of a US property asset after the cross-border real estate private equity specialist last week acquired a 285-room Chicago boutique hotel, together with a partner for $60 million.
A US subsidiary… Read More>>
August has arrived and Asia’s real estate community seems happy to take a week or two break from trekking the career path. Among the new moves this week Fosun transfers an experienced executive from its development subsidiary to its property… Read More>>
