Asia Pacific real estate investment news and information
Dalian Wanda, the real estate developer owned by China’s richest man, reportedly has acquired a site in Chicago to develop a $900 million mixed-use residential, hotel and commercial complex.
The development project in Chicago’s Lakeshore East area is the third… Read More>>
Once a major source of credit for China’s small and medium-sized developers, financing from trusts dropped off precipitously in June as the country’s wealthy individuals seem to have lost their taste for the loosely regulated shadow banking products.
According to… Read More>>
Beijing’s local government seems to have lost its fear of rising housing prices as it recently allowed a project by Poly Real Estate Group to go on sale for nearly RMB 100,000 ($16,100) per square metre.
The new record price… Read More>>
Evergrande Real Estate Group (HKG:3333) announced this week that it had set a new record for sales revenue in June, reaching RMB 13.1 billion. The strong sales by the top five Chinese developer appears to demonstrate the growing split between… Read More>>
With China’s headlines filled by stories of defaulting developers and falling home prices, some of the world’s largest real estate investors are finding 2014 to be a good year for negotiating property deals in the world’s second-largest economy.
In a panel discussion that… Read More>>
A government-owned bank in the city of Jinan has confiscated and begun selling off the assets of a delinquent local government real estate company, after successfully suing the property firm in court.
Qilu Bank Co, announced last week that it… Read More>>
This week China’s real estate community sees another addition to the team at The Redwood Group, a flurry of promotions at JLL, and a new face at the property arm of one of China’s insurance giants. Read on for more… Read More>>
Sales of new housing in Shanghai dropped 36.5 percent in June compared to the same month last year, as China’s commercial capital continues to be hit by a housing slump.
Although a survey released one week ago by China Index… Read More>>
Although China’s real estate market is having a rough year, China Vanke, the country’s biggest developer, just declared a 44 percent increase in contracted sales.
According to an announcement from the company on Friday, the newly Hong Kong listed real… Read More>>
While plans for a pair of one kilometre tall towers in Wuhan have been in the news recently, an 838 metre tall Chinese project announced last year and planned for completion by April 2014, appears to currently be serving as… Read More>>
