Asia Pacific real estate investment news and information
Office rents in Beijing’s central business district held steady in 2013, but even holding your own can make you stand out sometimes, as China’s capital became the world’s fourth most expensive place to rent an office.
According to the Office… Read More>>
One of the world’s biggest brokers of multi-million dollar homes is setting up an office in Beijing as Sotheby’s International Realty Affiliates LLC announced recently that it has secured approval to conduct business in mainland China.
In an effort that… Read More>>
China led all markets in Asia Pacific for real estate investment levels in 2013 with US$358 billion being spent on land acquisition and development during the year, according to a new study released by real estate consultancy Cushman & Wakefield.
A recent US$877 million share buy-back by real estate developer Guangzhou Evergrande has market observers puzzled regarding the Hong Kong-listed firm’s financial strategy.
The shares were purchased by the developer over a two week period this month, and amount to 6.33 percent of the company’s total stock. This move follows soon after an unexpected RMB 2.3 billion (US$378 million) special dividend that the company paid to shareholders in November.
Sales of commercial property dropped by as much as 72 percent in 43 of 90 cities across China last month, according to a report released by a division of real estate agency e-House.
The report published this week by CRIC, the real estate information division of e-House finds that Beijing recorded only 6094 commercial real estate transactions during January, and in terms of area, only 744,300 square meters were sold.
A Chinese investment consortium is wagering $2.51 billion that there is money to be made from China’s need for warehouses, and that Singapore’s Global Logistics Properties (GLP) is well-situated to realise these profits.
The share purchase by the Chinese group… Read More>>
Nine out of 10 applicants for an Australian immigration scheme aimed at wealthy investors are from China and they have pumped a total of A$325 million (US$293.8 million) into their new country of residence in the first year since the… Read More>>
The US subsidiary of Hong Kong-based private equity firm Gaw Capital announced that it had appointed Roman Nemtsov as Senior Vice President, Investments.
Gaw Capital Partners USA indicated that Nemtsov will be based in its soon-to-be opened Chicago office and… Read More>>
A market analysis report released this month by international real estate advisor Savills, predicts that Chinese investors will increase their share of global cross border hotel acquisitions from the current level of 4% to 10% by 2017.
The report predicts… Read More>>
US make-up maker Mary Kay Inc is inching closer to buying its own office building in downtown Shanghai, as the beauty supplier makes plans to spend as much as RMB 820 million ($135 million) to be its own landlord in… Read More>>
