The year-long housing slump in China may have run its course as a private survey of home prices across 100 cities saw price growth jump back into positive territory in May.
Average home prices nationwide increased by 0.45 percent in… Read More>>
Asia Pacific real estate investment news and information
The year-long housing slump in China may have run its course as a private survey of home prices across 100 cities saw price growth jump back into positive territory in May.
Average home prices nationwide increased by 0.45 percent in… Read More>>
China’s wave of outbound investment is expected to rise still higher this year as the government prepares to lift restrictions on cross-border capital flows for companies and individuals.
According to reports in the official Securities News, a pilot scheme allowing… Read More>>
China’s government took another major step towards liberalising cross-border transactions last week, and an audience of over 100 property professionals were in Shanghai to hear Mingtiandi founder Michael Cole explain the impact of this latest policy change at an international… Read More>>
SOCAM, the property developer and construction materials company belonging to Hong Kong’s Shui On Group, this week sold off the Four Seasons Hotel and associated luxury apartments in Shanghai’s Pudong district for RMB632.5 million ($102 million) in cash, plus assumption… Read More>>
Rapidly diversifying Chinese developer Evergrande Real Estate Group cashed in on Asia’s surging stock markets through a $593 million share offering, according to a company announcement to the Hong Kong stock exchange.
The Hong Kong-listed company, which is among China’s… Read More>>
While investors such as Li Ka-shing may be fleeing China’s slumping real estate market, Blackstone is reported to be diving in deeper, as the US private equity giant is said to have purchased a Shanghai commercial complex this week for RMB5.3… Read More>>
Analysts in New York, Sydney and London are already talking about how a surge in core real estate values will drive new waves of Chinese investment into emerging markets, and now mainland capital is said to be building a $1.2… Read More>>
Asia’s richest man, Wang Jianlin, has committed to investing RMB150 billion ($24.2 billion) into Chongqing to build 28 new Wanda Plaza malls and add a theme park to the fast-developing southwestern Chinese city.
Wang’s primary holding company, Dalian Wanda Group,… Read More>>
Shanghai Shenglong Investment Group announced plans for a 37-storey condominium development in downtown Los Angeles last Thursday, the same day that it announced the $141 million purchase of two adjacent sites in Sydney, Australia.
In California, Shenglong subsidiary City Century… Read More>>
The Hong Kong-Shanghai stock connect has helped drive the Hang Seng properties index up by nearly 17 percent since it opened in November, but now the cross-border equities link has helped to bring one developer down 41 percent. In a… Read More>>