Starting out today’s headlines, one of China’s most aggressive developers is counselling caution as global real estate prices rise. Meanwhile, down in Hong Kong, builders in China’s priciest city are cashing in on the latest buying frenzy with price jumps… Read More>>
Anbang’s NYC Deal with Kushner Collapses and More Asia Real Estate Headlines
At the top of the news today, Trump’s son-in-law will need to look like a new investor to bail out the family’s Fifth Avenue project, after Wu Xiaohui’s Anbang backed out of discussions to take a controlling stake in the… Read More>>
HNA Group Moves into Media with Caijing Deal and More Asia Real Estate Headlines
Leading the news today, one of China’s biggest buyers of real estate assets is now moving into the media sector with a deal for one of the country’s best known business publications. Also in the headlines, Singapore’s CDL is making… Read More>>
Singapore’s CDL Acquires Shanghai Commercial Project for RMB 900M
Singapore’s City Developments Ltd (CDL) has acquired a 32,000 square metre commercial project near Shanghai’s Hongqiao transportation hub in its second real estate investment in the mainland megacity in less than one month.
CDL’s wholly owned subsidiary, CDL China Limited… Read More>>
Singapore’s CDL Buys £222M London Project in 10th UK Deal
Singapore-listed City Developments Limited (CDL) has taken its latest bet on the UK real estate market by acquiring a site in London’s Battersea district for £58 million ($72.4 million).
CDL purchased the freehold Ransomes Wharf site on the south bank… Read More>>
Singapore’s CDL Invests $10.5M for 24% of China Co-Working Operator Distrii
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>>
Ant Financial Pushes URWork Valuation to $1B and More Asia Real Estate Headlines
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>>
China Overseas Land Sees Profits Double And More Asia Real Estate Headlines
Today’s news features China Overseas Land reporting a 110 percent rise in third quarter operating profit thanks in part to China’s hot housing market. Additionally, Singapore recorded an 8.8 percent increase in home sales while mainland homebuyers looking to avoid… Read More>>
K Wah Boss Baffled By HK Market After Losing 16 Land Bids and More Asia Real Estate Headlines
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>>
Mainland Developers Gorge on “Cheap” HK Sites and More Asia Real Estate Headlines
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>>