Asia real estate and outbound investment news
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>>
Real estate developer Shui On Land is selling its 5 Corporate Avenue project in Shanghai for RMB 3.32 billion ($545 million), the second asset sale by the developer in a week.
According to a December 4th statement by the Shanghai-based… Read More>>
Real estate Developer Shui On Land recently reached agreement to sell its Corporate Avenue 2 project in its Chongqing Tiandi development to Sunshine Life Insurance for RMB 2.4 billion (US$393 million), as the Shanghai-based firm continued to sell off holdings.
Joint venture real estate investment firm Everbright Ashmore announced last week that it had sold a 128,381 sqm shopping mall in Chongqing, China. The sale happens at a time of increased interest in China real estate assets from international private… Read More>>
According to a recent report from real estate consultancy CBRE the number of shopping centres in development worldwide is up 15 percent compared to a year ago and more than half of the projects are in China.
The current pipeline… Read More>>
