Asia real estate and outbound investment news
Property tycoon Joseph Lau plans to take his Hong Kong-listed Chinese Estates Holdings private, looking to salvage what remains of the loss-making, largely inactive firm after its ill-fated investment in fellow developer China Evergrande Group.
A company owned by Lau’s… Read More>>
The importance of tech occupiers to Asia’s office landlords was underlined yet again today when Amazon was reported to be taking over three floors in a trophy office tower in Singapore from Citigroup.
Also in the news, Brookfield is said… Read More>>
Some of Singapore’s biggest investors are upping their investments in Korea this week, at the same time that one of mainland China’s largest developer’s has decided to scale back its Australia operation after getting 20 projects started down under, as… Read More>>
China Evergrande has added to its project pipeline in Shanghai, with the top mainland developer winning a government land auction of a Hongkou district site this past week.
The Shenzhen-based builder outbid state-run giant China Poly Real Estate to win… Read More>>
China’s housing market is headed into the busy season, and one of the country’s top developers has taken steps this month to make sales a bit more active by cutting nearly a third off the prices of its properties… Read More>>
China Fortune Land Development (CFLD) has announced to the Shanghai Stock Exchange that it will accept debt financing of up to RMB 6 billion ($870 million) from Ping An Asset Management, the second-largest shareholder in the developer and a unit… Read More>>
China’s top two developers saw their profits grow by at least 50 percent in the first half of the year, according to financial results released this week.
Guangdong-based Country Garden and Shenzhen’s Evergrande, China’s two largest real estate developers in… Read More>>
Most of the region had the day off on Tuesday, but Asia’s real estate investors and developers seem to have stayed on the job as we lead off today’s news with reports of Fosun opening the doors to its $1.7… Read More>>
Leading today’s roundup, mainland developer China Oceanwide Holdings has topped out its billion-dollar mixed-use development in downtown Los Angeles, after acquiring the site in 2013. Meanwhile, back in Asia, Singapore’s real estate recovery has spread to the retail sector, as… Read More>>
At the top of the news today, Xi Jinping’s plan to build a new city outside Beijing is being touted as China’s biggest infrastructure project ever. Also in the news, stock investors hope to get rich off of Evergrande’s re-listing… Read More>>
