Asia real estate and outbound investment news
Goodman added another build-to-suit project to its China portfolio this week when the Australian real estate developer announced a deal for a 76,400 square metre facility in Nanjing, to be called Goodman Nanjing Airport Logistics Centre.
The developer announced the acquisition… Read More>>
China’s real estate downturn continued to put pressure on Shui On Land this week as the troubled developer sold two hotels worth a total of RMB 2.7 billion ($439 million) after posting worse than expected financial results. Luckily, for Shui On… Read More>>
As China’s housing boom fades the country’s real estate investors appear to be shifting to tourism, as “destination” provinces now lead the nation for property investment’s contribution to their economies.
In Hainan, which is the only tropical island province in… Read More>>
Apple plans to open its 12th Apple Store in mainland China early next month, in Jiangu’s province’s Wuxi. This latest expansion of the US device maker’s retail network comes as other luxury brands have slowed the opening of new stores… Read More>>
Apple will open its eleventh store in China on Saturday as the US electronics firm continues to enjoy mad popularity in the world’s second-largest economy, despite recent criticism from local media.
The latest official outlet for Apple will be at… Read More>>
A cross-border consortium of private equity investors led by a unit of Standard Chartered Bank last week put $124 million into a Chongqing real estate project in a deal that may signal a greater role for private investment funds in… Read More>>
Australian industrial developer Goodman Group announced this week that it has signed an agreement to develop a 22,000sqm built-to-suit facility for Best Logistics Technology (Hangzhou) Co. Ltd in Chongqing, China.
The new project will be located in the new Goodman… Read More>>
China’s love affair with Apple products may be gearing up for expansion into the country’s second tier cities. At least if the company’s recruitment ads are any indication.
According to a report in the China Daily today, Apple is advertising… Read More>>
Shui On Land CEO Freddy Lee abruptly stepped down from his leadership of one of China’s best-known real estate developers late last week, leading to speculation that he had been dismissed by company founder and chairman Vincent Lo.
In a… Read More>>
China’s insurance funds have US$1.19 trillion invested, and more than three-quarters of them are looking for real estate deals to spend their cash on, according to a report last week by PricewaterhouseCoopers.
In a survey of executives at China’s insurance… Read More>>
