Asia Pacific real estate investment news and information
Chinese real estate developer Shenglong Group has acquired a site in Los Angeles for $26 million as the Shanghai-based company prepares for its fifth overseas project.
The privately held company paid one of the highest rates ever for the 44,412 square… Read More>>
Land sales for property development fell by more than 25 percent last year in China, as the country’s real estate industry struggles to cope with falling housing prices and rising land costs.
According to China’s Ministry of Land and Resources,… Read More>>
China’s largest real estate developer by sales now wants to jump into Internet finance, giving return-hungry investors a chance to held the giant state-owned enterprise fund its projects.
In an announcement in Hong Kong, the COO of Greenland Hong Kong,… Read More>>
The last-minute rescue of Kaisa Group Holdings lost some of its “happily ever-after” element this week when the troubled real estate developer warned creditors not to expect all of the money that they originally were promised.
In a statement yesterday… Read More>>
Real estate service provider Colliers International announced this week that David Hand has been appointed as its new CEO for Asia Pacific, replacing Piers Brunner, who resigned last August.
Hand comes to Colliers from competitor JLL where he held a… Read More>>
Real estate service provider DTZ this week announced that it has hired Stuart Roberts as its new Chief Executive for Asia Pacific, as well as bringing on board CBRE veteran Sam Cuccurullo to lead its property and asset management team… Read More>>
China’s insurance companies continued their global shopping spree this week when Sunshine Insurance agreed to buy the still unopened Baccarat Hotel in New York for more than $230 million.
According to sources familiar with the transaction, Sunshine is paying the… Read More>>
There may not have been a red envelope, but China’s real estate industry received a pair of new year gifts recently that may have been just as welcome.
On Wednesday China’s central bank cut the reserve ratio requirement, which restrains… Read More>>
China’s spring festival holiday is late this year – officially starting on the evening of the 18th – but we will be a bit early here at Mingtiandi, with the 13th being our last day of regular service for this… Read More>>
No need to wait around for Spring Festival and that extra month’s pay – China’s real estate professionals are changing jobs as quickly as ever this week. A senior warehouse guy has joined an Aussie bank, another industrial veteran has… Read More>>
