Asia Pacific real estate investment news and information
In the last week of February, China Vanke announced its latest victory in a quest to expand in the US market, the $116 million purchase of a vacant nursing home in Manhattan for conversion into 100 luxury condominiums.
However, February’s… Read More>>
$14 billion generates a lot of attention and now the world will see if Anbang Insurance can withstand the scrutiny as questions arise regarding where the mainland financial investor gets its cash and whether it will every see a return… Read More>>
China’s Anbang Insurance Group is once again the lead bidder for Starwood Hotels & Resorts Worldwide, after the US hotel chain said today that it had received a $14 billion offer from the mainland group.
Anbang is now offering $82.75… Read More>>
Officials from one of China’s biggest developers revealed late last week that they were cancelling plans for an 1100-unit residential project in Melbourne, Australia due to unforeseen delays in project approval.
However, Shanghai-based Greenland Group’s project in Melbourne’s Flemington area,… Read More>>
This week China’s commercial real estate firms continue to arm themselves with new talent to compete in the burgeoning co-working sector, while experienced leasing professionals are finding new roles with developers eager to fill retail and mixed-use projects. Read on… Read More>>
Shanghai authorities announced new restrictions on home purchases on Friday, including higher downpayment levels and limits on buyer eligibility, in an attempt to cool a housing market that saw prices climb 2.9 percent in February compared to the previous month.
China’s second-largest developer gives up on a Melbourne project as it struggles to raise interest in its hotel REIT, and media in the UK reveals that an attempted Fosun acquisition was scuttled due to a lack of financial transparency. Meanwhile,… Read More>>
Dalian Wanda Commercial Properties says it will stop buying land for new mainland residential and office projects, except in first and second-tier cities, as housing markets in China’s smaller urban centres continue to suffer from a prolonged real estate slide.
New York authorities want a closer look at how the title was changed for a Chinese-invested project in Manhattan, and Hong Kong’s Henderson Land denies rumours that it’s selling off a portfolio of properties. Plus, a mainland developer sees its… Read More>>
China’s Fosun International, is preparing to close a £300 million ($426.4 million) deal for a London office complex, according to a report today in Reuters.
Should the deal for Thomas More Square, a 566,000 square foot (52,500 square metre) tower… Read More>>
