Singapore stories lead today’s real estate news from around the region as a member of one of Taiwan’s richest families buys a stand-alone bungalow for over $67 million despite home prices falling for the second month in a row. Meanwhile,… Read More>>
Home Price Growth Slows in Shanghai, Shenzhen and More Asia Real Estate Headlines
Today’s headlines feature a lot of persistence. Property developers in Beijing were not deterred by new rules for land auctions finding a way to easily circumvent them while Evergrande continues to be persistent in its efforts to buy shares in… Read More>>
HK Hotel Owner Buys $93M London Property Just in Time for Brexit
A Hong Kong tycoon has acquired a London hotel for GBP 70,300,000 ($92.9 million) just in time for the UK to begin leaving the European Economic Union, a move which is expected to take the air out of a frothy… Read More>>
Taiwan’s Cathay Life Buys London Building for $901M
A Chinese insurer made another record breaking real estate acquisition this week, but in the case of London’s Walbrook building the buyer didn’t come from the mainland.
Taiwan’s Cathay Life made its second major purchase of a UK office asset… Read More>>
Cathay Life Insurance Buys London Office Tower for $516M
China’s pursuit of London property continued this week, but this time from the other side of the Taiwan Straits, as Cathay Life Insurance purchased a building in the City of London for GBP 311 million ($516 million).
The Taiwanese life… Read More>>