Asia Pacific real estate investment news and information
China Vanke, the largest real estate developer in the world’s second largest economy announced today that it has broken ground on a new project in New York City with US-based partners Hines and RFR Holdings.
Vanke President Yu Liang took… Read More>>
Chinese property developer, Country Garden added to the flood of Chinese investment headed overseas by purchasing a development site in Sydney for AU$73 million (US$65.76 million). The acquisition is Country’s Garden’s first in the Australian market.
The purchase of the… Read More>>
China’s Ministry of Land and Resources announced this week that it will prioritise expansion of land available for housing development as the Xi administration continues to look for market driven means of controlling home prices.
The ministry made it… Read More>>
More than 140,000 families are lining up for only 2,000 homes on sale in a new affordable housing project in Beijing as China’s nascent low-cost housing scheme struggles to meet demand.
The Beijing project is located along the fifth ring… Read More>>
After months of record gains in home prices, China’s real estate market showed signs of cooling down this week when official statistics revealed price growth of less than one percent in the country’s first-tier cities. The weakness in property prices… Read More>>
Reports of a bubble in China’s real estate industry are on the rise this week as developers in Hangzhou and Changzhou have begun discounting homes to improve cashflow.
Discounts of as much as 36 percent for two projects in prosperous… Read More>>
China’s real estate developers came under increasing financial pressure recently as the country’s seventh largest bank cut off credit to the sector, and reports indicate that several other banks may be following suit as the nation’s banks become more cautious… Read More>>
Global Logistic Properties Limited (GLP), the biggest logistics developer in China, announced this week that it has signed a strategic partnership agreement with the country’s largest state-owned logistics services company to develop a nation-wide network of logistics facilities.
In addition to… Read More>>
China’s 10 biggest developers poured more than half of their RMB 63.9 billion (US$10.5 billion) in land purchases this year into four of the country’s biggest cities as competition for prime locations increases.
A recent report in the Securities Daily… Read More>>
Two of China’s leading official newspapers publishes critiques of the nation’s attempts at controlling home prices last week, as home prices have continued to rise despite several rounds of new restrictions over the past four years.
While none of the… Read More>>
