Asia real estate and outbound investment news
Despite the region’s cooling economy, seven of the 10 cities with the most luxury retailers are found in Asia, according to a just-issued JLL report.
The Destination Retail 2016 report lists Shanghai, Beijing, Taipei, Singapore, Osaka and Tokyo among the… Read More>>
China’s Greenland Group may come to regret investing in the renovation of New York City’s Park Lane Hotel. At least, that’s a parsing of statements from its main partner on the project, who recently reiterated his conviction that sales are … Read More>>
Colliers International continued to build its team in the region this month by naming 16-year industry veteran Yang Wang as head of its capital markets team for northern China.
Wang was appointed last week as Director of Capital Markets and… Read More>>
Hong Kong’s real estate situation is worse now than it was before the 1997 Asian financial crisis and the city’s housing market is in “free fall” according to hedge fund manager Kyle Bass.
Bass, who made a reported $500 million… Read More>>
Chinese billionaire Wang Jianlin is locked in a takeover battle that involves some real life elbow strikes and spinning back kicks as China’s richest man is reportedly bidding against US alternative investment giant the Blackstone Group, and two other companies… Read More>>
Residential real estate prices near the soon to open Shanghai Disney Resort have surged by 35 percent in anticipation of the resort’s official debut next month. The good news for buyers and developers is that, based on the history of… Read More>>
Anbang Insurance’s abrupt and unexplained withdrawal from a $14 billion bid for Starwood Hotels and Resorts last month came as a surprise for many observers who had tracked the sudden rise of the privately-held mainland firm.
Now the China Insurance… Read More>>
Shenzhen-based Kaisa Group Holdings has filed for bankruptcy in the US, in the latest chapter of the Hong Kong-listed developer’s attempt to restructure its debt obligations.
Kaisa, which single-handedly brought the offshore market for Chinese developer bonds to a halt… Read More>>
China City Construction (International) Co (CCCI) moved to reassure bond-holders on Friday after control of the Hong Kong-listed construction and real estate firm’s Beijing-based parent company was transferred to a privately-managed mainland investment fund.
The transfer in ownership which means… Read More>>
Chinese billionaire Wang Jianlin late last week was reportedly ready to sweeten a $4 billion offer to take private his Hong Kong-listed developer, Dalian Wanda Commercial Properties.
If a recent survey of Mingtiandi readers is a reliable indicator, however, the… Read More>>
