Asia real estate and outbound investment news
The company best known for making your iPhone has partnered with China’s top developer, Country Garden Holdings, to win two plots of land for RMB 3.9 billion ($605 million) in Guangzhou, a first-tier city in southeast China.
Foxconn Technology Group,… Read More>>
Country Garden, China’s biggest developer by contracted sales, announced on Tuesday it would raise a combined $850 million through the issue of senior notes in two tranches. The move came just one day after fellow top-ten developer Longfor Properties announced… Read More>>
Today’s news roundup takes a detour into China’s booming e-sports scene, with top-six mainland developer Greenland pledging to build stadiums and theme parks across the country’s biggest cities to cater to legions of computer gaming fanatics. Another top property group… Read More>>
Guangdong-based Country Garden achieved contracted sales of RMB 580.8 billion ($89.3 billion) in 2017 to oust billionaire Xu Jiayin’s Evergrande Real Estate from its position as China’s biggest selling developer and seize the title as mainland sales king, figures from… Read More>>
China’s wave of homecoming listings appears to have officially ended as development colossus Country Garden shelves plan for a Shanghai IPO. Also in the news today, mainland investors are helping Xi Jinping line the belt and road with warehouses, and… Read More>>
Singapore plays a big role in this week’s People in the News, with an agency veteran joining a corporate real estate firm based in the city-state, while a professional at a leading business park developer gets a promotion. Meanwhile, a… Read More>>
At the top of the news today, Asia’s co-working competition continues to heat up with New York’s WeWork hoping to make it big in Japan. Expansion is proving a bit tougher for Guangzhou-based Country Garden, which has become the latest… Read More>>
China’s Country Garden has shrugged off a government clampdown on cross-border capital flows by acquiring its second Hong Kong project in less than three months. The Guangzhou-based developer is picking up a 60 percent stake in a waterfront residential site in… Read More>>
Leading the news today, China’s biggest ecommerce group has hired Southeast Asia’s largest developer to manage its new 80,000 square metre office building in Shanghai. Also, developers in Hong Kong and mainland China continue to report record earnings in the… Read More>>
China’s acquisitive corporate giants can’t seem to catch a break these days. In today’s news, debt-addled Sunac China is looking to sell up to $1 billion in US dollar bonds after snapping up nearly $15 billion in assets over six… Read More>>
