Shares of a major mainland developer dropped on Monday after the company revealed that its chairman was being investigated by the government. Plus, Chengdu’s overbuilt market is creating a boon for bargain hunters and Hong Kong home sales look set… Read More>>
Hong Kong Breaks Record for Housing Misery
Hong Kong is famous for its status as a financial hub and for the industriousness of its people, but now the southern Chinese city has achieved a new distinction – for having the world’s least affordable housing.
According to a… Read More>>
Greater China Real Estate People in the News 2016-01-25
A regional logistics fund gains a new MD for investment during the same month that it merges with a competitor, while executives continue to flee one of the major agencies in the new year. All these moves and more as… Read More>>
Ng Chiang Ling Takes Over From Girard at M&G Real Estate Asia
A global real estate investment firm will see a top-level change in its management for the region in the coming months as Ng Chiang Ling takes over from Scott Girard as CEO of M&G Real Estate Asia.
Ng, who joined… Read More>>
Dalian Wanda Signs Deal for $10B Industrial Zone in India
China’s most aggressive cross-border investor has now signed up to be the biggest foreign player in India, after Dalian Wanda reached preliminary agreement with the Indian government for a $10 billion industrial zone.
The plan for Wanda Industrial New City… Read More>>
Savills IM Plans New $1B Asia Fund and More China Real Estate Headlines 2016-01-24
Savills Investment Management continues to ramp up its activities with a billion dollar Asia fund, while one Chinese mega-developer sees profit growth slow to just 1.18% in 2015 as another gets ready to sell apartments on its own Malaysian island…. Read More>>
Warburg Pincus-Backed Logistics Developer e-Shang Merges with Redwood Group
Two of Asia’s fastest growing warehouse developers merged yesterday in a stock-only deal to form a new regional powerhouse in the logistics sector, according to parties familiar with the transaction.
The merger of Shanghai-based e-Shang with Singapore’s Redwood Group creates… Read More>>
China Built 58% of World’s Skyscrapers in 2015 and More China Real Estate Headlines 2015-01-21
Despite a slowdown in investment, China once again led the world in tall buildings last year, adding 62 new skyscrapers. Also Wang Jianlin announces that his new credit cards will spread worldwide in five years and Blackstone’s chairman says China’s… Read More>>
Xinyuan Moves into Manhattan with $57.5M Midtown Condo Deal
Chinese developer Xinyuan Real Estate is taking on its first project in Manhattan after closing on a $57.5 million residential site earlier this month.
The NYSE-listed company signed preliminary agreements to acquire the land at 615 10th Avenue in Manhattan’s… Read More>>
Aussies Force Sale of Illicitly Bought Homes and More China Real Estate Headlines 2016-01-20
Australia has sussed out another eight foreigners illegally buying local homes, while Fosun is said to be sniffing around Ascendas’ hotel REIT and Wang Jianlin has another IPO to talk up. All these headlines and more if you just read… Read More>>
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