Asia Pacific real estate investment news and information
A little-known developer made a big splash in Shanghai this week by paying the highest price ever for land in China’s most expensive city.
Fujian-based Ronshine China Holdings is China’s new land king after beating out 17 rival bidders to… Read More>>
Colliers International has appointed Li Jie (李杰) as Managing Director for the NASDAQ-listed property services firm’s North China business, according to a recent announcement by the company.
Li, who will be based in Beijing, joins Colliers from competitor JLL and… Read More>>
JLL has acquired Singapore-based interior design firm PDM International as the property consultancy seeks to expand its design, construction and fit-out capabilities in Asia.
The acquisition is part of a consolidation wave in the global real estate services industry and… Read More>>
Hong Kong developers are offering mortgages up to 120 percent of the value of a property with attractive borrowing rates in a bid to boost sales, though some including the Hong Kong Monetary Authority (HKMA) believe this scheme will keep… Read More>>
Shanghai Municipal Investment (SMI), the state-run infrastructure firm best known for developing China’s tallest building, has confirmed a $3 billion joint venture with New York’s Extell Development to build a 95-storey tower on Manhattan’s Billionaire’s Row.
In a joint announcement… Read More>>
High levels of office vacancy and an overbuilt retail sector may be key ingredients in making a global top three real estate investment hotspot, or so it may seem following a report published this month by London-based asset management firm… Read More>>
Chinese developer Greenland has commenced settlements of their first completed apartment project in Australia, the 211-unit Lucent in North Sydney, amid concerns Chinese apartment buyers would start defaulting on payments.
Informal controls on outbound capital in China… Read More>>
Singapore-based urban development consultancy Surbana Jurong has acquired Australian competitor SMEC Holdings for approximately $297 million, according to a joint statement by the two companies.
The acquisition by the subsidiary of Singapore’s Temasek Holdings will create a 10,000 person consultancy… Read More>>
Brexit may already being paying dividends for London – provided that the goal of the historic decision to leave the European Union was to make the UK’s capital look cheaper than New York and Hong Kong.
After sitting atop the… Read More>>
Hong Kong-listed real estate investment trust Champion REIT raised its distributions per unit for the first half of 2016 by 15 percent compared to the same period last year, following solid growth in rental income from its portfolio of commercial… Read More>>
