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Gary Chan GEMA

Shanghai Investors Team Up to Buy 61-Unit NYC Condo Project: Exclusive

Gary Chan GEMA

2016/10/13 by Michael Cole Leave a Comment

A trio of Shanghai-based private equity investors have taken a majority stake in a 61 unit Manhattan condo development, as Chinese capital continues to find its way into the New York luxury residential market.

GEMA Capital Partners, with backing from… Read More>>

A trio of Shanghai-based private equity investors have taken a majority stake in a 61 unit Manhattan condo development, … Read more>>>

Justin Chiu ARA

Prosperity REIT Unit Holders Reject HK$1.9B Deal for Phoenix’ Kwun Tong View

Justin Chiu ARA

2016/10/13 by Michael Cole Leave a Comment

Unit holders in ARA Asset Management-controlled Prosperity REIT overwhelmingly rejected the trust’s proposed HK$1.9 billion acquisition of an office building in Hong Kong this week, according to a statement by the trust to the Hong Kong stock exchange.

The proposed… Read More>>

Unit holders in ARA Asset Management-controlled Prosperity REIT overwhelmingly rejected the trust’s proposed HK$1.9 … Read more>>>

Wang Jianlin Jack Ma

Wang Jianlin Fends Off Jack Ma to Remain China’s Richest Man and More Asia Real Estate Headlines

Wang Jianlin Jack Ma

2016/10/13 by Michael Cole Leave a Comment

Leading the news today, Wanda boss Wang Jianlin has kept his title as China’s richest man, according to at least one survey. Elsewhere the headlines are dominated by efforts to control, exploit or otherwise have fun with the flow of… Read More>>

Leading the news today, Wanda boss Wang Jianlin has kept his title as China’s richest man, according to at least one … Read more>>>

Tricia Song Colliers

Colliers Adds Barclays Exec as New Head of Research in Singapore

Tricia Song Colliers

2016/10/13 by Michael Cole Leave a Comment

Colliers International has stepped up its market-tracking efforts in Singapore, bringing on board former Barclays Bank executive Tricia Song to head its research team.

The move means that the real estate service provider will be splitting its consulting and research… Read More>>

Colliers International has stepped up its market-tracking efforts in Singapore, bringing on board former Barclays Bank … Read more>>>

HNA Seattle golf

China’s HNA Buys 10 Seattle Golf Courses for $137 Million

HNA Seattle golf

2016/10/12 by Michael Cole Leave a Comment

Mainland conglomerate HNA Group is investing more than $137 million to acquire 10 Seattle area golf courses, according to a statement filed yesterday with the Hong Kong stock exchange. The acquisition adds to an October total of nearly $11 billion… Read More>>

Mainland conglomerate HNA Group is investing more than $137 million to acquire 10 Seattle area golf courses, according … Read more>>>

Shui On to Sell Shanghai Homes for RMB 300k Per SQM and More Asia Real Estate Headlines

2016/10/12 by Michael Cole Leave a Comment

Shanghai-based Shui On Land is hoping the city’s property boom lasts long enough for it to sell homes near its Xintiandi complex for RMB 300,000 ($44,000) per square meter, while on the Hong Kong stock exchange, investors are already selling… Read More>>

Shanghai-based Shui On Land is hoping the city’s property boom lasts long enough for it to sell homes near its Xintiandi … Read more>>>

China home buyers

Popping China’s Real Estate Bubble Could Cost Banks $600 Bil

China home buyers

2016/10/12 by Andrew Esqueda Leave a Comment

After mainland property prices rose for a 17th straight month in September, an increasing number of analysts are concluding that China is in danger of suffering a housing bubble. The sharp increase in housing prices that saw once catatonic markets… Read More>>

After mainland property prices rose for a 17th straight month in September, an increasing number of analysts are … Read more>>>

Lu Guanqiu

Pritzker’s Chinese Partner in $1 Bil Deal Called Major Trafficker of N Korean Minerals

Lu Guanqiu

2016/10/11 by Michael Cole 1 Comment

One of China’s biggest investors in US real estate may also be its leading trader in North Korean minerals, according to reports last week on Radio Free Asia, citing North Korean sources within China.

Wanxiang Group is the largest importer… Read More>>

One of China’s biggest investors in US real estate may also be its leading trader in North Korean minerals, according to … Read more>>>

Wenzhou building collapse

22 Migrant Workers Said Killed as Buildings Collapse in Wenzhou

Wenzhou building collapse

2016/10/11 by Michael Cole Leave a Comment

Nearly two dozen people were killed when a row of ramshackle houses collapsed in the eastern China city of Wenzhou on Monday. State-run media described the casualties as primarily being migrant workers occupying substandard buildings in the prosperous trading and… Read More>>

Nearly two dozen people were killed when a row of ramshackle houses collapsed in the eastern China city of Wenzhou on … Read more>>>

Dongguan real estate

Housing Restrictions Fail to Break China Housing Fever and More Asia Real Estate Headlines

Dongguan real estate

2016/10/11 by Michael Cole Leave a Comment

At least 21 cities have now instituted home purchase restrictions across China, but the demand suppression measures have yet to overcome the effect of months of loose monetary policy and rising public sentiment toward real estate purchases. In related headlines,… Read More>>

At least 21 cities have now instituted home purchase restrictions across China, but the demand suppression measures have … Read more>>>

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