Asia Pacific real estate investment news and information
Wang Jianlin, China’s wealthiest real estate developer, has already diversified into movie theatres and theme parks, and now the billionaire mall builder may be making his next big deal on the soccer pitch.
According to reports in the international press… Read More>>
London-based Chelsfield recently announced that Nicholas Loup, the long-time APAC head of Grosvenor will be joining the UK real estate investment firm’s board of directors.
Industry observers believe that the decision by Chelsfield to include Loup among its top decision-makers… Read More>>
China’s housing prices fell for the eighth straight month in December, according to data released today by the National Bureau of Statistics. However, the average monthly rate of decline in prices of new housing (including subsidised units) slowed slightly –… Read More>>
Government bans on property sales are no longer confined to Shenzhen, as real estate developer Kaisa now sees its troubles spreading to other cities, and reports indicate that a Shanghai property developer has also had projects frozen.
According to a… Read More>>
Authorities in Shenzhen finally shed some clarity late yesterday on the government freezes of property sales that have shaken the country’s real estate firms, saying that at least some of the regulatory moves were routine.
According to a statement on… Read More>>
Fresh off of its $3.7 billion IPO last month, China’s Dalian Wanda Commercial Properties seems to have decided that it would rather bring in outside investors than fund its own projects.
According to a statement by the company to the… Read More>>
The people of Canada are now joining with a Chinese real estate developer to build a 735,000 square metre real estate project – or at least their pensions are.
According to a joint statement this week from the Canada Pension… Read More>>
ARA Asset Management (Fortune) Limited, the manager of Li Ka-shing controlled Fortune REIT has now closed on its HK$1.9 billion ($245 million) acquisition of the Laguna Plaza residential retail complex in Hong Kong, according to a recent statement from the company.
Attempts by Kaisa Group to stonewall its creditors in the face of serial defaults appear to be backfiring after bank accounts belonging to the Hong Kong-listed developer were frozen, and bond-holders began banding together for legal action.
The defaulting developer’s… Read More>>
Wanda Cinema Line, the movie theatre operator belonging to billionaire property developer Wang Jianlin, has scaled back plans for its initial public offering on China’s Shenzhen exchange under instruction from Chinese regulators.
According to a report in Reuters this week,… Read More>>
