Asia Pacific real estate investment news and information
Just over two weeks after China Evergrande Group warned shareholders of falling profits for the period up to the end of June, the country’s third-largest developer by sales has posted its first drop in returns since 2016.
The Shenzhen-based real… Read More>>
The uncertainties of the US-China trade war negotiations and the political turmoil in Hong Kong have combined to cool down investor interest in Hong Kong’s property market, with sales of retail real estate bearing the brunt of investor reluctance… Read More>>
Asia’s property investment leaders will be gathering in Shanghai this coming week as the Asia Pacific Real Estate Association holds its largest event of the year in China’s commercial capital.
The APREA Asia Pacific Property Leaders Summit will take place… Read More>>
Japura Development, an entity linked to Hong Kong billionaire Li Ka-shing’s CK Asset Holdings, has completed the acquisition of an apartment block in one of Singapore’s most affluent areas after the S$401.9 million ($289 million) collective sale had been blocked… Read More>>
Chris Reilly has resigned as managing director for Asia Pacific at Nuveen Real Estate, according to a company spokesperson, after more than five years leading the regional team for the company formerly known as TH Real Estate.
Reilly has left… Read More>>
At a time when many Chinese investors are retreating from the US real estate market, leaving a trail of troubled projects and financial losses in their wake, Fosun International is poised to notch a significant win in lower Manhattan.
The… Read More>>
Asset management giant BlackRock has confirmed that the firm’s head of investments for Asia Pacific real estate, Greg Lapham, is stepping down from his role.
John Saunders, Head of BlackRock Asia Pacific Real Estate, said that Lapham had decided to… Read More>>
A unit of Indonesia’s Sinar Mas Group won approval this month to issue China’s largest ever commercial mortgage-backed security (CMBS) based on a single real estate asset, according to a recent announcement by the Shanghai Stock Exchange.
Sinar Mas’ mainland… Read More>>
The People’s Bank of China has unveiled a new minimum interest rate system for home loans according to an announcement on the central bank’s official WeChat social media account, as the mainland government continues to clamp down on the housing… Read More>>
Phoenix Property Investors is said to have postponed the final closing of its latest opportunistic real estate fund to allow time to lock in more capital, after already hitting its $900 million target.
Sources cited by PERE said that a… Read More>>
