A mainland property investment group which once spent $449 million to buy control of the Seaworld amusement park group from Blackstone, saw one of its prized assets sold on Taobao this past week, as China continues to sweep up the… Read More>>
China’s turbulent financial markets lead today’s real estate news from around the region as one of the mainland’s four major “bad asset banks” predicts trouble for overstretched developers. Despite the turmoil further north, investors in Singapore are still showing enthusiasm… Read More>>
One of China’s state-backed “bad asset banks” paid $216 million last week for a 49 percent stake in a historic New York skyscraper, as Chinese investors continue to acquire New York properties.
China Orient Asset Management (International), a Hong Kong-based… Read More>>