What do presidential candidates Donald Trump, Hillary Clinton and China’s richest man all have in common? They all have an interest in America’s EB-5 investor visa program.
Trump has lent his name and his marketing appeal to a new Texas… Read More>>
BNP Paribas Real Estate Ramps Up Asian Operation Under Yo-Hann Tan
BNP Paribas Real Estate has unified its Asian operations around a newly established representative office in Hong Kong.
Leading the new structure and the Hong Kong office for the real estate services company, will be Yo-Hann Tan, who has been… Read More>>
Li Ka-shing Sells Asia’s Priciest Building to China Life-Linked Fund for $2.96B
Companies controlled by Hong Kong billionaire Li Ka-shing have sold the Century Link commercial complex in Shanghai’s Pudong district for RMB 20 billion ($2.96 billion) according to statements to the Hong Kong stock exchange. The transaction sets a 2016 high-water… Read More>>
Cups for $36M and Manhattan Homes for $23.5M — Chinese Tycoon Gets a Bargain NYC Pad
When a person spends $170 million on a painting, you would assume they wouldn’t go bargain hunting for a home. However, most people aren’t taxi driver-turned-investor Liu Yiqian. While some Chinese billionaires were paying more than $45 million for high-level… Read More>>
Brookfield Sells WeWork’s European HQ to HK’s Kingboard for $331M
For the second time this year, WeWork’s leasing covenant in London will be tested after Brookfield Property Partners sold a building that houses the startup’s European HQ to Hong Kong-based Kingboard Chemical Holdings for £271 million ($331 million). The co-working… Read More>>
Greenland Group Buys Toronto Waterfront Site For Record $124.5M
China’s Greenland Group has received global attention for its flurry of projects in New York, London and Sydney, but the Shanghai-based developer seems to have a soft spot for Toronto, after picking up its second project in the Canadian metropolis… Read More>>
What Glut? CPPIB Invests $147M in Longfor Chongqing Mall
Stories of China’s glut of shopping malls rank only slightly behind headlines about its housing bubble for mainland property horror stories, but CPPIB seems to believe there might still be a happy ending for investments in China’s retail real estate… Read More>>
China’s Housing Statistics Join the Struggle Against the Bubble
For the first time ever, the National Bureau of Statistics released data mid-month as the keeper of China’s economic figures painted a picture of cooling home prices in its survey of average housing markets in 70 leading cities across the… Read More>>
Shanghai’s Co-Working Scene Gets Naked at Xintiandi
The co-working wars in Shanghai are heating up with the opening of the flagship naked Hub at Xintiandi. The 4,500 square metre (48,500 square foot) center is the sixth naked Hub opened in the city over the last 12 months,… Read More>>
Most Private Developers May Have Just Lost Access to China’s Bond Markets
The walls continue to close in on small and mid-sized property developers in China after financial regulators reportedly slammed the door to new domestic bond issues for companies not measuring up to newly devised standards. Reports in official Chinese media… Read More>>
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