Guangzhou R&F Properties has jumped into the UK market for the first time by acquiring a 5.5 acre (2.2 hectare) London residential site for £60 million ($74.8 million) from local real estate player Minerva, according to statements from R&F and… Read More>>
PwC Takes a Shine to the Pearl River Delta in Chinese City Rankings
China now has more than 100 cities with a population of over one million people, making the process of choosing the best home for a business a major challenge. However, a new report co-authored by PricewaterhouseCoopers makes all this easier,… Read More>>
Mapletree Raises $535 Mil for $1.3B Student Housing Trust
After buying up a global portfolio of $1.3 billion in student housing, Singapore’s Mapletree Investments has raised $535 million for a private student accommodation trust, giving institutional investors a stake in its cache of dorms and apartments.
The student housing… Read More>>
Hong Kong’s Crazy Real Estate Costs Help It Top Another List
Hong Kong, home to the coffin apartment and the world’s highest office rents, ranks as the most expensive city in Asia to accommodate staff, and globally comes second only to New York for the cost of leasing a home and… Read More>>
Home Price Increases Spread to 54 of China’s Top 70 Cities in Feb as More Markets Locked Down
China’s home prices in February grew at a flat pace, jumping 12.4 percent from a year ago but just 0.4 on the previous month according to the National Bureau of Statistics; despite these new figures, 18 cities throughout China have now… Read More>>
JLL Opens 13th Mainland China Office in Hangzhou
International property consultancy JLL held an opening ceremony this past week for its new office in Hangzhou, China, which featured the G20 summit last year and will host the 2022 Asian Games.
“With vigorous private enterprises, a growing science and… Read More>>
China’s HNA Said Buying Park Ave Tower for $2.2 Bil in Latest NYC Deal
Reports of capital controls and falling investment numbers have raised doubts on the future of China’s wave of outbound real estate investment, but meddling bureaucrats and capital account figures seem to be no match for China’s high-flying HNA Group.
HNA… Read More>>
ESR Acquires Osaka Site for $500M Japan Logistics Project
Logistics real estate developer and operator e-Shang Redwood (ESR) has just acquired a 194,000-square meter site near Osaka for the development of one of the largest logistics parks in Japan with an estimated investment of over US$500 million.
The new… Read More>>
Le Eco Selling 49 Acre Silicon Valley Site for $260M in Cash Crunch
LeEco is a shooting star, and as the Chinese tech conglomerate and would-be Tesla competitor crashes from the heavens, it may just be jettisoning an asset that it talked up as the future home of 12,000 US employees just six… Read More>>
GIC, CPPIBB Joint Venture Snatches Up Another $1.6 Bil in US Student Housing
Brush off your futon and grab your hacky sack because a joint venture involving Singapore’s GIC and Canada’s CPPIB has agreed to invest another $1.6 billion into student housing in the US.
The Singaporean sovereign wealth fund and Canada’s largest… Read More>>
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