Asia real estate and outbound investment news
Jingrui Holdings has agreed to sell a commercial building in Shanghai’s Xuhui district to state-owned China Construction Bank for RMB 132.4 million ($19.2 million), as the mainland developer continues to unload assets after a recent default on offshore debt.
Jingrui… Read More>>
In today’s roundup of regional news headlines, private equity titan Blackstone is reportedly set to offload up to a $400 million stake in India’s first publicly listed REIT, Singapore’s Stamford Land sells an upscale hotel in downtown Sydney, and banking… Read More>>
The rush to complete deals before the end of the year continues this week with Vanke and Evergrande paying more than $1.3 billion for a pair of plots in Shenzhen, while China’s second largest lender will pay you to let… Read More>>
Private equity real estate firm Gaw Capital Partners has added another $921 million in new deals to its growing list of cross-border property acquisitions by picking up an office block in London and a hotel in Singapore, according to media… Read More>>
China’s outbound investment in real estate jumped 17 percent during the first half of 2014, with London receiving more than $2.3 billion in capital inflows according to a statement today from an international property consultancy.
Overall Chinese outbound investment in… Read More>>
A survey this month of economists and analysts tracking China’s real estate sector found that nearly three-quarters of the market experts expect a return of preferential mortgage rates for first-time buyers in the coming months. The shift in credit policy… Read More>>
For the second time this month a Chinese financial institution has acquired a London office building, as China Construction Bank was revealed today to have purchased a tower in the city’s financial district for 110 million pounds ($187 million).
China… Read More>>
Share and bond prices for China’s leading property companies fell sharply today following reports that a Ningbo real estate developer had collapsed, leaving behind RMB 3.5 billion in debt and more than 100 unhappy creditors.
The folding of the developer,… Read More>>
Higher mortgage rates and vanishing loan discounts may make it harder for China’s real estate developers to sell homes this year, as the government continues to rely on financial sector restrictions to slow down the real estate market.
Without introducing… Read More>>
