Asia Pacific real estate investment news and information
Scandal-rocked real estate developer Kaisa Group today announced that the Shenzhen government’s freeze on sales has been partially lifted at seven of the 11 projects that had previously been blocked by the authorities.
The ban on sales at Kaisa’s projects… Read More>>
Evergrande Real Estate Group last week announced plans to set up a cosmetic surgery business in a special economic zone on China’s Boao island as the giant property developer continues to branch out into new business areas.
At an event… Read More>>
Real estate tycoon Guo Wengui, who was accused in the press of using his connections with China’s security apparatus to bring down a Vice-Mayor of Beijing and have his rivals arrested, is now being sued for seemingly using his hardball… Read More>>
This week appears to be promotion week in Asia Pacific for one of the big commercial agencies, with a squadron of senior team members moving up a notch, and even some new faces joining. Elsewhere we have a Hong Kong… Read More>>
One of China’s top 10 developers replenished its cash supplies by selling HK$6.3 billion ($813 million) in new shares to Ping An Insurance as the country’s real estate companies grapple with a shortage of both customers and funds in 2015.
China real estate developer Guangzhou Evergrande was singled out by credit agency Fitch Ratings this month for its high levels of leverage and aggressive sales forecast, as lenders begin to look more closely at the risks facing Chinese property companies.
For those of you who are regular readers of this site, you might have noticed that Mingtiandi itself became a bit less regular last week.
In the past several days the Mingtiandi team had two major projects due with 24… Read More>>
An ongoing scandal involving two powerful Chinese companies has already led to several detentions related to corruption charges, and this week it revealed how one of Beijing’s most prime locations was acquired for just RMB860 per square metre ($12.90 per… Read More>>
Hong Kong’s Link REIT has acquired a Beijing shopping mall for RMB2.5 billion (US$403 million) in the first mainland acquisition by Asia’s largest real estate investment trust.
Link REIT announced the deal to purchase the 74,000 square metre (800,000 square… Read More>>
Individual Chinese citizens could soon be allowed to invest as much as $1 million to $2 million overseas without regulatory approval, according to a statement by a deputy governor of the country’s central bank over the weekend.
The relaxation on… Read More>>
