Asia real estate and outbound investment news
City Developments Ltd (CDL) has joined the China co-working race with a RMB 72 million investment ($10.5 million) in Shanghai-based Distrii, according to a recent announcement by the Singapore-based developer.
CDL’s cash buys it a 24 percent stake in Distrii,… Read More>>
The global co-working craze continues to grab headlines here in Asia as a pair of deals this week push one of China’s top shared office players to a $1 billion valuation, and a Singaporean developer bets on its own mainland… Read More>>
In today’s real estate headlines even one of Hong Kong’s most established property tycoons is feeling the pressure as the city’s land prices soar at the same time that home prices slide. Meanwhile, the city’s biggest developer denies reports it… Read More>>
With land and asset costs rising in China, more mainland developers are moving into Hong Kong, seeing bargains in one of the world’s most expensive real estate markets, according to headlines in the regional media today. Also, one of the… Read More>>
A joint venture real estate project in Manhattan led by China’s Fosun and local builder JD Carlisle has been stopped after unsuccessfully attempting to exploit a zoning loophole. Meanwhile, back on the mainland, both Greenland Group and Greentown Holdings continue… Read More>>
China’s 2016 housing boom continued to taper off in June as growth in average home prices slowed again following purchase restrictions in the largest cities. Also, one of the mainland’s biggest developers signs up to invest $5 billion in India,… Read More>>
A US real estate investment firm has reached a final close of $645 million on a fund covering Australia, China, Japan, Malaysia, Singapore, Hong Kong and South Korea. Meanwhile in Singapore, a Chinese developer is betting $218 million on a… Read More>>
Competition is rapidly bringing down Hong Kong’s housing prices as Wheelock is now offering discounts of nearly 20 percent on its new project. Meanwhile on the mainland, the housing recovery may be bailing out the broader economy, and a Chinese… Read More>>
City Developments Ltd, the Singapore-listed developer which owns the Millennium & Copthorne hotel chain, moved to internationalise its operations on Friday with the appointment of Apollo Global Management real estate head Grant Kelley as its new chief executive.
Kelley has… Read More>>
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or decided to tell their boss that they are headed off early for Chinese New Year and run out the door,… Read More>>
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