Dalian Wanda boss Wang Jianlin has been forced to scale back his ambitions and sell off overseas and non-core assets in the past two years, but his flagship real estate operation still has more than twice the operating revenue of… Read More>>
Singapore’s CapitaLand announced on Tuesday that its Raffles City China Investment Partners III (RCCIP III) fund has formed a 50:50 joint venture with Singapore’s sovereign wealth fund GIC to acquire the Star Harbour International Center project (上海星外滩) in Shanghai’s Hongkou… Read More>>
Singapore’s CapitaLand dominates the region’s real estate headlines today with news of its acquisition of a site in Guangzhou, being released on the same day that the developer confirmed a joint venture with GIC for an acquisition in Shanghai. Elsewhere… Read More>>
The downdraft slowing Hong Kong’s home sales may have finally reached the city’s famously-expensive office market as one of the leading property consultancies is now predicting a drop off in office prices in Central in 2019. Also making news today,… Read More>>
Singapore’s CapitaLand is reportedly investing at least RMB 12.79 billion ($1.85 billion) to acquire its most expensive real estate project yet in mainland China, according to accounts in the mainland media.
Southeast Asia’s largest developer would be paying the record… Read More>>
Asia’s community of property pros continues to be on the move in August with a Hong Kong real estate fund manager claiming back one of its former team members, and an industrial developer dipping into the brokerage talent pool as… Read More>>
Singapore’s CapitaLand is acquiring two adjacent Guangzhou residential sites totalling 150,000 square metres (1.6 million square feet) for RMB 2.05 billion ($297 million). The purchases are in the Zengcheng District of the city, an up and coming area being targeting… Read More>>
Hangovers suffered from China’s cross-border buying binge dominate the real estate news across the region today, with familiar players HNA, Country Garden and CCCC taking leading roles in some financial drama. A day after HNA reported the untimely death of… Read More>>
Singaporean developer CapitaLand is ramping up its presence in the western Chinese municipality of Chongqing, buying a RMB 5.7 billion ($864 million) mixed-use site that will be turned into a retail, office and residential property yielding over 2,100 homes.
The… Read More>>
Leading today’s roundup, Google is ramping up its retail investments in China as it aims to counter internet behemoth Alibaba, by ploughing over half a billion dollars into e-commerce titan JD.com. Also in the headlines, China’s home prices and property… Read More>>