Asia Pacific real estate investment news and information
China Vanke, which made its name as the country’s biggest builder of mid-market homes, is continuing continued to diversify its business by opening its first two warehouse projects.
The two projects, in Guiyang and Wuhan total more than 175,000 square… Read More>>
Vanke lost its title of China’s largest developer last year to Shanghai’s Greenland Group, but the Shenzhen-based home builder won a different prize this week by securing the right to launch China’s first real estate investment trust (REIT).
The REIT… Read More>>
Hong Kong developer Great Eagle has become the latest Chinese real estate company to bet on San Francisco’s property market by purchasing a development site in the city’s Central Market area for $19.8 million, according to public records.
Great Eagle has… Read More>>
Some of China’s biggest property developers have launched more than $1.76 billion in share offerings in the past week as the country’s real estate firms take advantage of the current stock rally.
The share sales by Hong Kong-listed China Resources… Read More>>
Two of China’s biggest real estate developers announced a broad-ranging but vaguely defined cooperation agreement on Thursday that signals changes in both the property market and the region’s stock exchanges.
China Vanke and Dalian Wanda Group revealed that the two… Read More>>
China Vanke has made its third real estate investment in the US, and its first acquisition of a completed project in North America, by purchasing the historic Bush Tower in Manhattan for $125 million.
According to a story in New… Read More>>
China Vanke saw its profits drop 57.49 percent in the first quarter as sales of new housing slowed and home prices dropped, but local governments continued to demand high prices for new land.
In its latest quarterly earnings report China’s… Read More>>
China Resources Land, a giant state-run real estate firm, became the mainland’s latest developer to go asset light last week when the Beijing-based company sold the hotel portion of a Shanghai development to Stanley Ho’s Shun Tak Holdings for RMB… Read More>>
Two of China’s largest insurers took their first steps into the US market real estate market this week as American developer Tishman Speyer announced that China Life Insurance and Ping An Insurance would take a majority stake in a $500… Read More>>
Chinese developer Country Garden is restarting work on a scaled back version of a residential real estate project in southern Malaysia’s Johor state after complaints from local citizens and the Singapore government.
Country Garden’s Forest City development was originally planned… Read More>>
