China’s Anbang Insurance, which made its name by purchasing New York’s best-known hotel, is now said to be acquiring one of Vancouver’s most famous landmarks in a transaction which would value the property at more than C$1 billion ($729 million).
China Bans ‘Weird Architecture’ and Gated Communities
Xi Jinping has made the enforcement of party discipline and service to the state a hallmark of his administration, and now it appears that China’s supreme leader is even trying to bring the country’s buildings into line.
China’s state council,… Read More>>
Greater China Real Estate People in the News 2016-02-22
This week one of the major agencies finds a new head for its mainland valuations team, while a top mainland conglomerate dips into the state-run sector for marketing leadership. Also, Asia’s biggest REIT takes on some new asset management talent,… Read More>>
China Lowers Taxes, Blocks Land Sales in Attempt to Boost Housing Markets
China’s central government is aiming all of its bureaucratic weapons at the housing market in the early months of this year, to add some spark to one of the traditional engines of the mainland economy.
The latest evidence of this… Read More>>
Five Bidders Compete for $129Mil HK Home and More China Real Estate Headlines 2016-02-21
Hong Kong may be in the middle of a real estate slump but that doesn’t seem to have dampened the enthusiasm of some investors as five parties compete for a HK$1 billion luxury home and a luxury brand looks to… Read More>>
GLP and CPPIB to Set Up $2B Japan Logistics Fund
Another $2 billion could be headed into Japan’s logistics real estate markets over the next three years following a new agreement between Global Logistic Properties (GLP) and the Canada Pension Plan Investment Board (CPPIB).
GLP, which is already the region’s… Read More>>
Anthony Couse Named Asia Pacific CEO at JLL
Property consultancy JLL announced a top level leadership change today, naming Anthony Couse of the company’s Shanghai office as the group’s new CEO for Asia Pacific, effective June 1st of this year. Couse will replace JLL’s current regional head, Alastair… Read More>>
Marriott Inks Deal for 100 New Hotels in China and More China Real Estate Headlines 2016-02-17
Despite the ongoing predictions of gloom, a major US hospitality chain bets on a 100-hotel joint venture in China. Also, mainland developer shares rise at the same time that some are reporting improved January sales. Read on for all this… Read More>>
China Lowered Downpayments, But Will It Help Sell Homes in the Hinterland?
China made a major rule change regarding its housing market just before the spring festival holiday, lowering downpayments on purchases of new homes by first-time buyers from 25 percent to 20 percent, and from 40 percent to 30 percent for… Read More>>
Bengbu Breast-Fest Surprises Mall Shoppers and More China Real Estate Headlines 2016-02-16
Topping today’s real estate headlines Chinese mall shoppers were treated to yet another porn display, with this latest incident happening over a bustling golden week, plus Hong Kong land prices show signs of weakness, and Singapore home sales are off… Read More>>
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