Asia Pacific real estate investment news and information
Fosun Property, the real estate arm of China’s largest privately held investment conglomerate announced today that it had acquired an office block in Sydney, Australia for A$116.5 million ($93 million).
The Shanghai-based property investment company will add 73 Miller Street… Read More>>
China’s outbound investment wave continued to flow into Sydney as buyers from the mainland and Hong Kong acquired more than $1.23 billion worth of major assets during the last two months of 2014.
Most of the investors were major mainland… Read More>>
Following a year in which home prices in Sydney have risen 13 percent, and an estimated 18 percent of homes are being sold to Chinese, Australian lawmakers are recommending tighter controls on sales of real estate to overseas buyers.
Following soon after China’s landmark free trade agreement with Australia and riding an investment wave that is estimated to have Chinese investors purchasing $39 billion in Aussie homes, one of China’s biggest banks expects to double the number of mortgages… Read More>>
The head of China’s top graft buster launched “Operation Fox Hunt 2014” just three months ago to track down fleeing officials and their fraudulent gains, and the new anti-corruption initiative already seems to be leading to Australia’s booming real estate… Read More>>
China’s hunger for overseas real estate is pushing Australian home prices to record levels as the wealthy Chinese look for alternatives to increasingly unstable markets at home.
According to a recent report from property information provider RP Data and Rismark,… Read More>>
Australia’s biggest developer of apartments is considering an offer to sell half of its business to an unnamed Chinese real estate company for A$3 billion (US$2.8 billion) according to a recent media report.
Sydney-based Meriton Group received the offer during… Read More>>
A new channel for fundraising may be on the way for China’s real estate developers, as the government recently approved the country’s first real estate investment trust (REIT).
According to a report today in the South China Morning Post, Citic… Read More>>
An Australian real estate agency is trying to attract Chinese home buyers by allowing them to make their down payments with the popular bitcoin virtual currency.
According to a story this week in The Australian, Forsyth Real Estate, a 115… Read More>>
Chinese buyers are expected to purchase US$39.54 billion worth of Australian residential property over the next seven years, according to a report released today by Credit Suisse.
The investment bank estimates that 12 per cent of all new housing purchases… Read More>>
