While Vietnam has been gaining popularity as a vacation destination in recent years, the Southeast Asian nation may soon be greeting an influx of hopeful property investors after a Warburg Pincus-backed mall developer celebrated the country’s biggest ever public listing… Read More>>
Warburg-Backed VN Mall Developer Plans $680M IPO and More Asia Real Estate Headlines
Vietnamese malls lead today’s news as a Warburg Pincus-backed retail developer plans a $680 million IPO in the land of cyclos and ao dais. Also in the news, an Aussie fund manager plans to push back against warehouse developer e-Shang… Read More>>
Foreigners, Mostly Chinese, Buy 25% of New Homes in Australia’s NSW
New abodes in New South Wales are a good deal for Chinese buyers, according to Credit Suisse, which claims that the lion’s share of foreign real estate investment in major Australian cities is coming from China.
In a report released… Read More>>
Asia Real Estate People In The News 2016-11-15
This week’s people in the news has strong ties to CBRE with several of the firm’s former employees moving on to new gigs. CBRE Capital Advisors saw a Senior Director leave for Credit Suisse while the former CEO and Chairman… Read More>>
Credit Suisse Predicts Chinese Will Buy $47.6B in Aussie Homes
A surge in Australian home purchases by Chinese buyers has led Credit Suisse to predict that mainland investors will put A$60 billion ($47.6 billion) into housing down under over the next six years.
The projection is a major upward revision… Read More>>
Founder Scandal Reveals Central Beijing Site Bought for $13 a Sqm
An ongoing scandal involving two powerful Chinese companies has already led to several detentions related to corruption charges, and this week it revealed how one of Beijing’s most prime locations was acquired for just RMB860 per square metre ($12.90 per… Read More>>
Australia Set to Restrict Foreign Home Sales Amid Chinese-Fuelled Boom
Following a year in which home prices in Sydney have risen 13 percent, and an estimated 18 percent of homes are being sold to Chinese, Australian lawmakers are recommending tighter controls on sales of real estate to overseas buyers.
Bank of China Expects to Double Aussie Mortgage Business in 2 Years
Following soon after China’s landmark free trade agreement with Australia and riding an investment wave that is estimated to have Chinese investors purchasing $39 billion in Aussie homes, one of China’s biggest banks expects to double the number of mortgages… Read More>>
London Luxury Home Broker Helping Chinese Buy with Bitcoin
A real estate agent in London’s red hot housing market hopes to sell more homes to Chinese buyers by handling transactions in the Bitcoin virtual currency.
According to a report in the South China Morning Post, fledgling UK home brokerage… Read More>>
Chinese Help Drive 33 Percent Jump in Australian Home Prices
China’s hunger for overseas real estate is pushing Australian home prices to record levels as the wealthy Chinese look for alternatives to increasingly unstable markets at home.
According to a recent report from property information provider RP Data and Rismark,… Read More>>