While everyone else has been frolicking this holiday season, Ming has been hard at work making a few enhancements to Mingtiandi, so that I can bring you more real estate news, and better information.
Last week, I stopped publishing the… Read More>>
Asia Pacific real estate investment news and information

While everyone else has been frolicking this holiday season, Ming has been hard at work making a few enhancements to Mingtiandi, so that I can bring you more real estate news, and better information.
Last week, I stopped publishing the… Read More>>

Chinese conglomerate Fosun International Ltd. picked up Portuguese insurance firm Caixa Seguros e Saude this week for 1 billion euros ($1.36 billion), marking one of the biggest overseas investments in the finance sector to date by a Chinese investor.
In a sign of China’s growing economic clout, Fosun bested U.S. buyout firm Apollo Management International LLP to acquire the insurance arm of Portugal state bank Caixa Geral de Depositos SA

Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or simply taken the fall for failing to captain a company that was still being run by the chairman anyway.

Four out of the world’s ten most expensive office locations are in China, according to a newly released survey, with Beijing and Hong Kong leading the list.
Leasing an office in Beijing’s Financial Street (Jinrong Jie) will cost you US$2120 per square metre per year, and in the Central Business District area you could save a few bucks and get by with paying only

An unwillingness by local governments to sell land for logistics use, and the rapid expansion of China’s ecommerce sector, are driving up the costs of warehouse space for users on the mainland according to real estate analysts, with rents in Beijing now reaching US$7 per square metre per year.

Real estate investment turnover for the Central London market in 2013 reached in excess of £20.56 billion (US$33.84 billion), driven largely by Asian investors, according to a recent announcement from property consultancy Savills.
The amount of investment was the most ever achieved in Central London and a 39% increase on the 2012 figure of £14.8 billion.

The most radically designed project of China’s most flamboyant real estate developer is largely finished, and the Wangjing area of Beijing’s Chaoyang district will soon feature 3 hump-shaped towers that have been likened to Chinese fans, or ship’s sails.
Wangjing SOHO was designed by Iraqi architect Zaha Hadid, and consists of three curved towers reaching as high as 200 metres.

China’s real estate developers benefitted from a number of factors that made 2013 a banner year for housing sales, and helped drive double-digit growth in housing prices in most of the country’s major cities.
However, most analysts are now predicting more subdued conditions for 2014, including Bank of America, which recently published its prediction for the new year.

Real estate developer Sunac China Holdings Ltd. (1918), has been among the most aggressive acquirers of new land this year, and the firm’s confidence appears to be well-backed as it recently announced a 61 percent annual increase in sales.

While Shanghai’s Greenland Group was grabbing headlines this week with its billion dollar London deals, Beijing-based Macrolink Real Estate quietly secured deals worth a total of RMB 640 million (US$105 million) in Malaysia and South Korea.
The Shenzhen-listed firm’s Hong Kong unit is setting up a joint venture with a South Korean partner to acquire RMB 340 million (US$56 million) in land on South Korea’s Jeju island.