Asia Pacific real estate investment news and information
Hong Kong-listed Future Land Development plans to sell high-end units at its new project in Shanghai’s Hongkou district for RMB 120,000 per square meter, representing more than a 20 percent premium over current selling prices in the area.
“There is… Read More>>
Leading US developer Hines teamed up with China’s Gemdale Properties & Investment in May to help kickstart a Boston project that has been in the works since 1990.
Now, just over three months later, the transpacific partners have submitted revised… Read More>>
NYSE-listed Xinyuan Real Estate has purchased a theatre in Queens, New York from JK Equities LLC for $66 million, as the mainland Chinese developer prepares to build its third condo project in New York City.
Xinyuan, which in 2012 was… Read More>>
SOHO China, the Beijing-based real estate developer controlled by celebrity entrepreneurs Zhang Xin and Pan Shiyi, confirmed on Friday that it has sold a commercial building in Shanghai’s Pudong district to a mainland insurer for RMB 3.2 billion ($485 million).
Transplanted Chinese developer Aqualand picked up its ninth project in Sydney, and its second this month, with the purchase last week of an office building in the city’s Milsons Point area from Australian real estate investment company Barana Group… Read More>>
Canadian authorities have slapped a tax of up to 20 percent on overseas buyers purchasing homes in Greater Vancouver. The move by the British Columbia authorities comes amidst growing public outcry over runaway housing prices perceived to be fuelled largely… Read More>>
China Investment Corporation (CIC) recorded a loss on overseas investment in 2015, the sovereign wealth fund’s first negative net annual return since 2011. The fund entrusted with investing China’s foreign reserves now has $813 billion in total assets including a… Read More>>
China-based EC World REIT launched on Singapore’s stock exchange last week, becoming the first initial public offering on the city’s mainboard this year. The REIT, which is sponsored by Shanghai-based industrial conglomerate Forchn, features a portfolio of six properties in… Read More>>
Dalian Wanda Group has spent nearly $16 billion buying up movie production houses, theatre chains and sports marketing companies this year, but the transformation of China’s biggest mall owner into a global entertainment empire may not be finished yet.
As… Read More>>
China’s securities regulator has sent formal notices to both China Vanke and its unwanted suitor, Baoneng Group, for violations related to the ongoing takeover battle for the mainland’s biggest property developer.
Just days after Vanke chairman Wang Shi had called… Read More>>
