Asia real estate and outbound investment news
The recently appointed chairman of China Jinmao Holdings has walked out the door after just 33 days in the role, to be succeeded by another longtime hand from the developer’s parent group, state-owned Sinochem Corporation.
Li Congrui resigned as chairman… Read More>>
A promotion at a leading Hong Kong real estate fund manager leads this week’s roundup of people moves from around Asia, with Singapore’s Daiwa House REIT also making the list alongside new appointments at China Jinmao Holdings and Malaysia’s Tower… Read More>>
Savills Investment Management is continuing to expand its footprint in Asia Pacific, with the UK fund manager leading this week’s collection of personnel moves by naming a new head of its debt division for the region. Also making leadership changes… Read More>>
China’s fast-growing digital economy continues to show its impact on the real estate market, as a local fund manager this week announced a deal to acquire an office building in Beijing’s Zhongguancun area that until recently was home to one… Read More>>
The uneven impact of the coronavirus-fueled economic woes is evident in today’s real estate headlines as developers large and small report challenges, while market statistics from the mainland report all things normal.
CapitaLand warned on Monday of a dip in… Read More>>
Hong Kong-listed developer China Jinmao announced to the stock exchange on 27 July that it has agreed to sell a combined stake of nearly 25 percent of the company to Ping An Life and New China Life Insurance for a… Read More>>
Demand for homes is slipping in mainland China and state-owned China Jinmao Holdings seems to be finding out how low prices can go as the developer has begun selling homes at a project in Xiamen for less than the price… Read More>>
Restrictions on China’s real estate market have not completely snuffed out developer demand for new sites, as Beijing last week successfully sold a trio of suburban land plots, fattening the city’s coffers by a total of RMB 7.95 billion ($114.72… Read More>>
Leading today’s roundup, after being elected on an anti-corruption mandate, Malaysian prime minister Mahathir Mohammed says his government will renegotiate billions of dollars of Chinese infrastructure projects in the Southeast Asia nation. Also in the news, Amazon’s cloud computing arm… Read More>>
Property developer China Jinmao is teaming up with British educational charity Eden Project International to build the world’s highest indoor waterfall in the northeastern city of Qingdao.
Through the deal, Shanghai-based China Jinmao will help the UK foundation set up… Read More>>
