China doesn’t export condos, warehouses or office buildings to the US, but that did not spare the country’s largest property developers from the impact of a global market rout triggered by US President Donald Trump’s tariff barrage announced last week.
Li Ka-Shing’s CK Asset Delays $1.5B HK Sales Launch and More Asia Real Estate Headlines
A luxury development leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a developer founded by tycoon Li Ka-shing has postponed planned sales launch at a luxury condominium project in Hong Kong worth a… Read More>>
Warburg Pincus-Backed Trax Closes $100M Round and More Asia Real Estate Headlines
Retail proptech leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a Singapore-headquartered provider of image recognition technology that tracks products on shelves has raised $100 million in a HOPU-led funding round.
In other… Read More>>
Trumps Sell Beverly Hills Mansion to Indonesian Business Partner in $13.5M Off-Market Deal
A company controlled by the family of the US president Donald Trump has sold a 5,400 square foot Beverly Hills mansion to a corporate entity linked to the scandal-plagued politician’s Indonesian billionaire business partner for $13.5 million, according to accounts… Read More>>
$1B Trump Indonesia Project Gets Chinese Backing and More Asia Real Estate Headlines
Leading today’s roundup, a Chinese state-owned behemoth is investing in a billion-dollar theme park development outside Jakarta — raising questions about the project’s Trump-branded properties in the midst of a Sino-American trade clash. Also in the headlines, Singapore has launched… Read More>>
Trump India Partner Accused of $147M Fraud and More Asia Real Estate Headlines
Apparently not content with dominating US political news, the Trump Organization has oozed into Asia’s real estate headlines today, with the story that an India based partner of the US president’s company is accused of running off with at least… Read More>>
Singapore Hikes Stamp Duty 2% on Million Dollar Home Sales and More Asia Real Estate Headlines
Singapore home sales jumped 37 percent in January compared to the same month last year, but it didn’t take long for the city-state to react to the sudden real estate surge as regulators roll out a new tax on luxury… Read More>>
Kushner’s China Forays Caught in Mueller Inquiry and More Asia Real Estate Headlines
With China’s masses still nursing their new year hangovers, the US leads Asia’s real estate headlines as the Trump clan looks for ways to avoid formal charges while still cashing in on the region’s love for property. Beyond the adventures… Read More>>
Wanda Said Cutting Internet Staff From 6000 to 300 and More Asia Real Estate Headlines
Mainland authorities got attention this year for pushing back against Christmas celebrations on the mainland, and it looks like Santa may have taken this badly after the stockings full of coal that some of China’s best-known firms received over the… Read More>>
Kushner Family Leverage Trump Connections in Mainland EB-5 Push
Donald Trump may have campaigned against immigration when he ran for president, but the family of White House advisor and First-son-in-law Jared Kushner is promoting immigration to the US as part of their own campaign to drum up $150 million… Read More>>