Asia real estate and outbound investment news
After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.
For… Read More>>
Many people in China love hot pot, but the government of a Chengdu is taking that devotion a bit further with plans for a 1,500 square metre (16,146 square foot) temple to the bubbling spicy stew, and one of the… Read More>>
Each year, investors, analysts and consultants devote considerable energy in researching which cities in the region are most favourable for real estate investment. Industry think tanks rank dozens of urban centres for their investment potential… Read More>>
Global brokerage Colliers International is reshuffling its leadership team in China, naming an industrial and consulting veteran as head of West China while revealing that another top executive is now co-head of the company’s China business.
Colliers has appointed Sean… Read More>>
The Canada Pension Plan Investment Board (CPPIB) is deepening its partnership with top Chinese developer Longfor Properties by investing RMB 4.2 billion ($662 million) in two new mixed-use projects in the cities of Chengdu and Shanghai, the pension fund manager… Read More>>
Sino Land became the latest Hong Kong developer to unload a mainland project by selling off 80 percent of a residential-led development in the southwestern China city of Chengdu to a Shenzhen-listed developer for HK$10.51 billion ($1.34 billion).
Shenzhen Overseas… Read More>>
Los Angeles-based real estate agency CBRE has bolstered its mainland leadership team this week, with Andrew Deng taking the reins as Managing Director for Western China. Based in Chengdu, Deng will oversee the company’s platform and business lines in the… Read More>>
The real estate market in China’s fast developing west is set to get a bit more attention from one of the biggest international property consultancies, as Colliers International has appointed Tammy Tang as head of western China – covering its… Read More>>
Leading today’s news, most of the bidders for a site on Singapore’s upper east coast were from China, but a locally-built champion won the rights to build 715 apartments to the island nation. Meanwhile, down in Sydney, Shanghainese developer Aqualand… Read More>>
A real estate investment trust managed by Singapore’s top developer will acquire a shopping mall in Chengdu from BlackRock for RMB 1.5 billion ($226 million), at a time when China’s retail property sector is struggling in the face of oversupply… Read More>>
