Shops may be closing due to disappointing sales in Hong Kong’s Causeway Bay area, but the glitzy shopping street still hung onto its rank as the second-most expensive place to rent a shop in the world, behind only New York’s… Read More>>
Shanghai Construction Group Buys Orange County Hyatt for $137M
Shanghai Construction Group became the latest Chinese buyer of an overseas hotel recently when a US subsidiary of the state-owned giant picked up the Hyatt Regency Orange County for $137 million.
The southern California hotel acquisition by SCG America is… Read More>>
Asia’s Priciest Apartment Sells for $66M and More China Real Estate Headlines 2015-11-18
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
HK’s Swire Sells Asia’s Priciest Apartment for $66M
Swire Properties sold the last unit at Opus Hong Kong in Mid-Levels on… Read More>>
Wanda, R&F Seek Shanghai Listings as China Re-Opens IPO Gates
Developers Dalian Wanda and Guangzhou R&F Properties could be among the first batch of companies to list on mainland exchanges as China’s government prepares to re-open new stock market listings following this summer’s crash.
The domestic stock market listings could… Read More>>
APG and CPPIB Set Up $500M JV for Korean Logistics with e-Shang
Chinese warehouse developer e-Shang continued to boost its bid to become a major player in Asia’s regional logistics real estate market this week as the Shanghai-based startup announced a $500 million joint venture with Dutch pension asset manager APG Asset… Read More>>
R&F Launches 600-Condo Brisbane Project and More China Real Estate Headlines 2015-11-17
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
R&F Properties Launches 600-Condo Brisbane Project
Brisbane City Council has approved a new luxury 30-storey apartment complex in South Brisbane called… Read More>>
Chinese Insurers Will Drive Outbound Deals to $20B in 2015 Says JLL
Cross-border real estate acquisitions by Chinese investors are on a path to reach a record $20 billion in 2015, as mainland insurers go after overseas assets, according to property consultancy JLL.
With trophy deals such as Anbang Insurance’s $1.95 billion… Read More>>
Florentia Village Group Plans 4 More Mainland Outlets in Next Two Years
Figures predicting an oversupply of malls and a clampdown on luxury spending in China have captured headlines globally in 2015, but a chain of outlet malls opened by a team of international investors has bucked the trend by attracting more… Read More>>
Greater China Real Estate People in the News 2015-11-16
This week Greater China’s community of real estate professionals sees a retail expert take his show to Hong Kong, a French resort operator stocks up on local talent after finding a Chinese investor, a Chinese investment giant builds up its… Read More>>
Evergrande Buys HK Office Tower from Chinese Estates for $1.61B
China’s Evergrande Real Estate set a new record for acquisition of a Hong Kong office building last week by purchasing the Mass Mutual Tower in Wanchai from Joseph Lau’s Chinese Estates for HK$12.5 billion ($1.61 billion).
The sale of the… Read More>>
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