With mainland China and Hong Kong taking a break to honour the dear departed on Friday, stories from Singapore and Australia push their way to the top of Asia’s real estate news. In the Lion City, the government has chosen… Read More>>
Wing Tai in Talks to Buy London Bank HQ for $548M and More Asia Real Estate Headlines
In what could be a north Asia to southeast Asia handoff, the lead story in today’s collection of real estate headlines from the region tracks Singaporean developer Wing Tai’s potential purchase of a $548 million London asset from Korea’s Samsung… Read More>>
Aoyuan Buys Kwai Chung Industrial Building From Laws Group for $121M
Guangzhou-based China Aoyuan Property Group is expanding its portfolio in Hong Kong by snapping up an industrial building in the New Territories logistics hub of Kwai Chung for HK$950 million ($121 million).
The mid-sized mainland developer is buying the 12-storey… Read More>>
Singapore Hikes Stamp Duty 2% on Million Dollar Home Sales and More Asia Real Estate Headlines
Singapore home sales jumped 37 percent in January compared to the same month last year, but it didn’t take long for the city-state to react to the sudden real estate surge as regulators roll out a new tax on luxury… Read More>>
Sunac Boss Sun Hongbin Joins Board of Flailing LeEco and More Asia Real Estate Headlines
China’s 2017 credit crunch may already be paying dividends for its real estate heavyweights as distressed asset enthusiast Sun Hongbin of Sunac moves onto the board of a struggling mainland tech giant on the same day that its chairman exits…. Read More>>
Aoyuan Spends $42M to Pick Up Two More Sydney Condo Sites
Aoyuan Property Group is already marketing Sydney’s most expensive apartments, and now the Chinese real estate developer may be hoping to develop more pricey properties as it expands its business down under.
The Hong Kong-listed developer this week acquired two… Read More>>
Aoyuan Property Buys Sydney Office Tower for $94.8M
Australia may be making noise about slowing down sales of homes to foreigners, but the government’s regulatory moves didn’t stop Aoyuan Property Group from becoming the latest Chinese developer to buy a project in Sydney.
The Guangzhou-based real estate firm… Read More>>
