Asia Pacific real estate investment news and information
China’s real estate markets produced a major upswing in new investment, growth in land sales and housing sales in the first quarter, following the government’s December commitment to destock an overhang of unsold homes.
Growth in new real estate investment… Read More>>
Fresh from opening a new 110,000 square metre warehouse facility in suburban Shanghai, the head of Goodman Group says the Australian industrial developer could add 63 percent to the size of its Greater China logistics portfolio.
Greg Goodman, whose warehouse… Read More>>
China’s most indebted real estate developer could be more dangerous dead, than it is alive, according to a recent research report. Plus, a New York senator defends the portrayal of Manhattan as a low-employment area, and Hong Kong luxury apartments… Read More>>
Yuexiu Property yesterday announced that it is selling a minority stake in a project in Guangzhou to a subsidiary of Ping An Real Estate for RMB 2.3 billion ($359 million).
The two government-linked mainland firms have entered into a preliminary… Read More>>
Shanghai officials may have set out to cool down its housing but a set of stiffer downpayment rules for families buying second homes seems to instead being breaking up some marriages in the real estate-mad city. Meanwhile, Australia’s Goodman Group… Read More>>
A ten percentage point hike in downpayment levels seen to have done little to cool the fever for high-end real estate in Shenzhen, and a Chinese developer moves a step closer to winning approval for an 18-storey Miami Beach tower,… Read More>>
Asia’s biggest real estate investment trust disposed of seven retail assets in Hong Kong this week for a total of HK$1.96 billion ($253 million).
The properties sold by Link REIT include community retail centres, and hybrid retail and car parks… Read More>>
Hong Kong-based alternative investment manager PAG has reportedly raised over $1 billion for a new pan-Asia fund focusing on core-plus real estate assets.
The PAG Real Estate Partners fund, which held a first closing in recent weeks, now expects to… Read More>>
Home sales fell sharply in two of China’s hottest property markets after local governments hiked downpayment rates, but not after the surge in the housing sector appears to have helped boost retail activity. Meanwhile, seemingly not content to with being… Read More>>
Sales of land in China fell to RMB 3.37 trillion in 2015, down by 21.6 percent compared to 2014, as local governments cut back on new site auctions, according to official figures released by the Ministry of Finance.
The newfound… Read More>>
