Asia real estate and outbound investment news
Hong Kong’s Nan Fung Development has outbid 11 rivals to win a commercial site near the former Kai Tak airport for the record-breaking price of HK$24.6 billion ($3.16 billion), according to a statement from the city government late yesterday.
Although… Read More>>
Anbang Group has forged another deal with Blackstone, buying an Amsterdam hotel from the US private equity giant for €350 million ($391.6 million), Dutch real estate news site PropertyNL has reported. The deal marks Anbang’s latest acquisition from Stephen Schwarzman’s… Read More>>
Shui On Land which developed one of China’s landmark real estate projects in Shanghai nearly two decades ago, has agreed to sell off a set of projects in Chongqing to China Vanke for RMB 4.1 billion ($598 million), according to… Read More>>
As China’s real estate market spiked in 2016, dozens of Chinese cities followed central government directives and announced local measures to tackle rapidly rising home prices.
These local tightening moves primarily came in the form of controls designed to reduce… Read More>>
Leading mainland insurer China Life is taking a 95 percent stake in a portfolio of US logistics and manufacturing centres, business parks and healthcare facilities valued at nearly $1 billion, as the Chinese giant continues to show a taste for… Read More>>
Investors are continuing to bet on China’s flexible real estate startups as a trio of sharing economy property players have raised a combined $136 million in new funding from venture capitalists and mainland corporates.
The new commitments include RMB 400… Read More>>
It could be a lack of land, or it could be a failure to develop alternative investment opportunities, but it’s probably more satisfying to blame China’s ever-rising home prices on rascally real estate brokers.
Frustrated in its attempts to dampen… Read More>>
China surpassed Canada as the top investor in US commercial real estate in the 12 months ending March 31st – pouring over $16.5 billion into properties in the world’s largest economy, according to a recent report.
At $60.9 billion, overall… Read More>>
Frustrated in its attempts to dampen demand for new housing among Chinese homebuyers, China’s chief housing regulator is aiming its regulatory might at real estate developers, as the government shows its determination to cool down an ever-rising property market.
On… Read More>>
Local governments across the mainland continue to do their best to stamp out demand for housing this month as at least seven cities in northern, eastern and southern China introduced new regulations restricting home sales transactions in the last week.
