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GIC CEO Lim Chow Kiat

GIC Makes Third Student Housing Deal of 2017 With $302M Sydney Buy

GIC CEO Lim Chow Kiat

2017/04/24 by Tyler Roney Leave a Comment

GIC has made its third major student housing investment of 2017 as the Singaporean sovereign wealth fund is said to have agreed to pay A$400 million ($302 million) to purchase a pair of Sydney student blocks from Frasers Property Australia and… Read More>>

GIC has made its third major student housing investment of 2017 as the Singaporean sovereign wealth fund is said to have … Read more>>>

Longhua Road site

Developers Compete for RMB 2B Site in Shanghai’s Xujiahui

Longhua Road site

2017/04/24 by Tyler Roney Leave a Comment

Shanghai’s office market is said to be on its way to surpassing Hong Kong in size by 2020, and the rise in demand for land from developers eager to provide homes for the city’s fast growing finance firms, tech providers… Read More>>

Shanghai's office market is said to be on its way to surpassing Hong Kong in size by 2020, and the rise in demand for … Read more>>>

Chloe Choi

Asia Real Estate People in the News 2017-04-24

Chloe Choi

2017/04/24 by Michael Cole Leave a Comment

Leading off the region’s list of familiar faces in new places this week, one of the mainland’s biggest buyers of real estate has started acquiring talent as well, as a senior banking veteran gets a new ticket with HNA. Also… Read More>>

Leading off the region’s list of familiar faces in new places this week, one of the mainland’s biggest buyers of real … Read more>>>

Li Ka-shing Australia

Li Ka-shing Wraps Up Biggest Overseas Deal Ever and More Asia Real Estate Headlines

Li Ka-shing Australia

2017/04/23 by Michael Cole Leave a Comment

At the top of the news today, One of Hong Kong’s biggest property developers has won out in his attempt to buy an Aussie power company, a top 10 mainland homebuilder broke $1 billion in operating profit by the end… Read More>>

At the top of the news today, One of Hong Kong’s biggest property developers has won out in his attempt to buy an Aussie … Read more>>>

Chen Zhuolin

Morgan Stanley to Sell $900M Stake in Hainan Resort to Agile Group

Chen Zhuolin

2017/04/22 by Tyler Roney Leave a Comment

Morgan Stanley bought a 30 percent stake in Agile Group Holdings’ Hainan Clearwater Bay project back in 2008 and now the Guangdong-based developer wants it back.

The US-based investment giant had earlier this month notified Agile of its intent to… Read More>>

Morgan Stanley bought a 30 percent stake in Agile Group Holdings' Hainan Clearwater Bay project back in 2008 and now the … Read more>>>

Jia Yueting LeEco

Cash-Starved LeEco Aims to Sell Off $424M Beijing Mall It Bought Last Year

Jia Yueting LeEco

2017/04/22 by Tyler Roney Leave a Comment

With its $2 billion buyout of TV maker Vizio DOA, its CFO throwing in the towel and reports of missed payrolls at its Yidao Yongche ride hailing app, LeEco has had a rough month. And now entrepreneur Jia Yueting’s mainland… Read More>>

With its $2 billion buyout of TV maker Vizio DOA, its CFO throwing in the towel and reports of missed payrolls at its … Read more>>>

chinatown toronto

Ontario Slaps 15% Tax on Foreign Buyers and More Asia Real Estate Headlines

chinatown toronto

2017/04/21 by Michael Cole Leave a Comment

Leading the news today, the rolling ball of Chinese hot money may need a new target soon after the Canadian province of Ontario followed the lead of Vancouver, Singapore and Hong Kong in placing a 15 percent duty on foreign… Read More>>

Leading the news today, the rolling ball of Chinese hot money may need a new target soon after the Canadian province of … Read more>>>

China Eases Capital Controls – But Not Very Much

2017/04/21 by Tyler Roney Leave a Comment

In recent months China’s richest man lost out on a $1 billion Hollywood acquisition and hundreds of middle-class Chinese homebuyers have found themselves unable to make payments on homes in Malaysia and Melbourne.  These financial mishaps were triggered at least… Read More>>

In recent months China's richest man lost out on a $1 billion Hollywood acquisition and hundreds of middle-class Chinese … Read more>>>

Penny Goh

Penny Goh Takes Over as Chair of Keppel REIT Management

Penny Goh

2017/04/20 by Tyler Roney Leave a Comment

Keppel REIT Management is saying goodbye to long-time chair of the board Dr Audrey Chin Wei-Li, and hello to new chief, Penny Goh who’s soon to take the helm at the manager of the S$3.5 billion ($2.5 billion) Singapore-listed real… Read More>>

Keppel REIT Management is saying goodbye to long-time chair of the board Dr Audrey Chin Wei-Li, and hello to new chief, … Read more>>>

Land Sales Jumped 50% in China’s Largest Cities During Q1

2017/04/20 by Tyler Roney Leave a Comment

With China home prices at record levels in many of the country’s largest cities, residential land supply in first-tier cities in China – such as Beijing, Shanghai and Guangzhou – increased by over 50 percent from the same period a… Read More>>

With China home prices at record levels in many of the country's largest cities, residential land supply in first-tier … Read more>>>

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