Asia real estate and outbound investment news
The world’s largest alternative asset firm chose a new APAC chief this week, as Christopher Heady was named chairman of Blackstone’s Asia Pacific businesses.
Heady takes over the top role for Blackstone in the region after previously serving as the… Read More>>
Demand for investor visas under the US government’s EB-5 program increased 50% in 2015, as aspiring foreign investors rushed to file before potential changes take place to the popular pathway to US residency. While the program attracted record interest in… Read More>>
On Monday, China’s Anbang Insurance stunned the world – and Marriott International – with an all cash $14 billion offer for Starwood Hotels and Resorts Worldwide.
The offer, which reportedly was Anbang’s sixth attempt to buy the US hotel chain,… Read More>>
Asia’s biggest real estate investment trust, Link REIT announced today that it had sold two Hong Kong’s shopping centres for a combined HK$1.69 billion ($218 million).
In a statement to the Hong Kong Stock Exchange, the management of the real… Read More>>
Pacific Eagle Holdings, the US subsidiary of Hong Kong’s Great Eagle Holdings, received some powerful new backing for its acquisitions of North American properties this week when the real estate investor and operator received $31.4 million from a fund operated… Read More>>
Redwood, the Japan-centred branch of recently merge E-Shanghai Redwood, this week brought online its latest logistics facility as the Asia-based real estate fund manager continues to move towards an IPO.
Chibakita Distribution Center, a 39,000 square metre warehouse in Japan’s… Read More>>
Orient Golf Shanghai opened in 2003, just one year before the Chinese government passed a law banning construction of golf courses, and just in time to benefit from a golf boom fuelled by China’s newly wealthy business and political classes.
In the last week of February, China Vanke announced its latest victory in a quest to expand in the US market, the $116 million purchase of a vacant nursing home in Manhattan for conversion into 100 luxury condominiums.
However, February’s… Read More>>
Shanghai authorities announced new restrictions on home purchases on Friday, including higher downpayment levels and limits on buyer eligibility, in an attempt to cool a housing market that saw prices climb 2.9 percent in February compared to the previous month.
Dalian Wanda Commercial Properties says it will stop buying land for new mainland residential and office projects, except in first and second-tier cities, as housing markets in China’s smaller urban centres continue to suffer from a prolonged real estate slide.
