Beijing’s latest round of housing restrictions have closed the “fake divorce” loophole that allowed married couples to divorce in order to become first-time buyers. The new measure was among eight new regulations launched by the city government on Friday as… Read More>>
China’s R&F Buys London Site for $74.8M Despite Capital Controls
Guangzhou R&F Properties has jumped into the UK market for the first time by acquiring a 5.5 acre (2.2 hectare) London residential site for £60 million ($74.8 million) from local real estate player Minerva, according to statements from R&F and… Read More>>
PwC Takes a Shine to the Pearl River Delta in Chinese City Rankings
China now has more than 100 cities with a population of over one million people, making the process of choosing the best home for a business a major challenge. However, a new report co-authored by PricewaterhouseCoopers makes all this easier,… Read More>>
Mapletree Raises $535 Mil for $1.3B Student Housing Trust
After buying up a global portfolio of $1.3 billion in student housing, Singapore’s Mapletree Investments has raised $535 million for a private student accommodation trust, giving institutional investors a stake in its cache of dorms and apartments.
The student housing… Read More>>
Hong Kong’s Crazy Real Estate Costs Help It Top Another List
Hong Kong, home to the coffin apartment and the world’s highest office rents, ranks as the most expensive city in Asia to accommodate staff, and globally comes second only to New York for the cost of leasing a home and… Read More>>
Home Price Increases Spread to 54 of China’s Top 70 Cities in Feb as More Markets Locked Down
China’s home prices in February grew at a flat pace, jumping 12.4 percent from a year ago but just 0.4 on the previous month according to the National Bureau of Statistics; despite these new figures, 18 cities throughout China have now… Read More>>
JLL Opens 13th Mainland China Office in Hangzhou
International property consultancy JLL held an opening ceremony this past week for its new office in Hangzhou, China, which featured the G20 summit last year and will host the 2022 Asian Games.
“With vigorous private enterprises, a growing science and… Read More>>
CapitaLand and BlackRock Said in Exclusive Talks for Singapore’s Asia Square 2
Singapore’s CapitaLand is in exclusive talks to acquire the 1,220,000 square foot (113,350 square metre) Asia Square Tower 2 in Singapore’s Marina Bay from BlackRock Real Estate Fund III, according to sources familiar with the transaction.
The 46-storey Asia Square Tower… Read More>>
GIC, CPPIBB Joint Venture Snatches Up Another $1.6 Bil in US Student Housing
Brush off your futon and grab your hacky sack because a joint venture involving Singapore’s GIC and Canada’s CPPIB has agreed to invest another $1.6 billion into student housing in the US.
The Singaporean sovereign wealth fund and Canada’s largest… Read More>>
Singapore’s Infrastructure Helps it Earn Top Marks for Expats
Attention expats in Asia: Are you living in Singapore? Well, according to a recent report from Mercer, you should be. Taking into account education, infrastructure, transportation and other crucial factors, Mercer ranks Singapore as the best city in Asia for… Read More>>
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