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Fears of China Retail Slide? Keppel Land Buys New Shanghai Mall for $75 Mil

2016/10/05 by Cheyenne Hollis Leave a Comment

Keppel Land China still sees some value in China’s much-maligned retail real estate sector – agreeing last week to purchase a newly completed mall in suburban Shanghai for RMB 500 million ($74.9 million).

The acquisition by the Singaporean real estate… Read More>>

Keppel Land China still sees some value in China’s much-maligned retail real estate sector – agreeing last week to … Read more>>>

Vancouver mansion

Vancouver Home Sales Fall 33% After Tax on Foreigners and More Asia Real Estate Headlines

Vancouver mansion

2016/10/05 by Michael Cole Leave a Comment

Leading the real estate market news today, home purchases in Vancouver fell by 33 percent last month after the government began taxing foreign home buyers, but the impact of a similar 15 tariff on non-residents of Hong Kong seems to… Read More>>

Leading the real estate market news today, home purchases in Vancouver fell by 33 percent last month after the … Read more>>>

Evergrande Xu Jiayin

Evergrande Asset Swap Opens Back Door to Mainland Listing

Evergrande Xu Jiayin

2016/10/04 by Michael Cole Leave a Comment

China Evergrande Real Estate appears to have grabbed an opportunity to enter the lucrative mainland share market through a backdoor listing on the Shenzhen stock exchange, following a series of announcements to the Hong Kong stock exchange this week.

The… Read More>>

China Evergrande Real Estate appears to have grabbed an opportunity to enter the lucrative mainland share market through … Read more>>>

Wanda Sacks Executive Whose Bribe May Have Helped Build Mall Empire

2016/10/04 by Cheyenne Hollis 1 Comment

When it emerged a few weeks back that Dalian Wanda was considering to buy Dick Clark Productions for $1 billion, it seemed like an odd arrangement. One is a Chinese mall developer founded by a former Army officer while the… Read More>>

When it emerged a few weeks back that Dalian Wanda was considering to buy Dick Clark Productions for $1 billion, it … Read more>>>

Singapore construction

Singapore Home Prices Drop by Most in Over 7 Years and More Asia Real Estate Headlines

Singapore construction

2016/10/04 by Michael Cole Leave a Comment

Investors betting that the Singapore housing market had hit bottom got a rude surprise in today’s headlines, as home prices dropped by 1.5 percent in September from August. Also in the news, mainland authorities have singled out Evergrande and China… Read More>>

Investors betting that the Singapore housing market had hit bottom got a rude surprise in today’s headlines, as home … Read more>>>

Madeleine Cosgrave GIC

School’s in Session: GIC Teams Up to Buy $900M UK Student Housing Portfolio

Madeleine Cosgrave GIC

2016/10/03 by Cheyenne Hollis Leave a Comment

GIC, Singapore’s sovereign wealth fund, is partnering with Dubai-based Global Student Accommodation Group (GSA) to buy a portfolio of UK student housing projects from funds managed by Oaktree Capital Management which are expected to be worth £700 million ($900 million) when… Read More>>

GIC, Singapore’s sovereign wealth fund, is partnering with Dubai-based Global Student Accommodation Group (GSA) to buy a … Read more>>>

China Housing Prices Up For 17th Straight Month – BOC Sounds Bubble Alert

2016/10/03 by Cheyenne Hollis Leave a Comment

Housing prices in mainland China rose an average 2.83 percent in September compared to the August, as more experts warn of a housing bubble. The Bank of China was the latest to raise concerns over the country’s real estate market,… Read More>>

Housing prices in mainland China rose an average 2.83 percent in September compared to the August, as more experts warn … Read more>>>

Cheng Yu-tung

New World Founder Cheng Yu-tung Dies at 91, Leaves $15B Fortune

Cheng Yu-tung

2016/10/03 by Michael Cole Leave a Comment

The founder of one of Asia’s largest property empires passed away last week leaving behind a $15 billion fortune gathered over nearly 50 years in the region’s real estate industry.

Cheng Yu-tung, who founded New World Development in 1970, and… Read More>>

The founder of one of Asia’s largest property empires passed away last week leaving behind a $15 billion fortune … Read more>>>

Michelle Wong

Asia Real Estate People in the News 2016-10-03

Michelle Wong

2016/10/03 by Cheyenne Hollis Leave a Comment

It may be a holiday week, but that hasn’t stopped some of Asia’s real estate professionals from starting new positions. Nanjing’s Sanpower added a cross-border investment specialist, while Xinyuan Real Estate brought onboard a new CFO, and DTZ | Cushman… Read More>>

It may be a holiday week, but that hasn’t stopped some of Asia’s real estate professionals from starting new positions. … Read more>>>

Wang Jianlin

China’s Richest Man Warns Of Biggest Housing Bubble In History

Wang Jianlin

2016/09/29 by Cheyenne Hollis Leave a Comment

Dalian Wanda chairman Wang Jianlin believes China’s real estate sector is facing the biggest housing bubble in history and warned China’s leaders could face a similar headache in the property sector to what it had to deal with when the… Read More>>

Dalian Wanda chairman Wang Jianlin believes China’s real estate sector is facing the biggest housing bubble in history … Read more>>>

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