Asia Pacific real estate investment news and information
Chinese property billionaire, Li Hua, is said to have been detained by authorities to assist in an investigation of a top Shenzhen official, according to local media reports.
Li, founder and chairman of Shenzhen-based Excellence Real Estate Group, was reportedly… Read More>>
HNA Group is in talks to sell its fourth and final plot of development land at Hong Kong’s former Kai Tak airport, according to a company filing to the Hong Kong Stock Exchange, as the distressed mainland conglomerate attempts to bail… Read More>>
A consortium led by state-backed China Resources Land outbid Hong Kong’s Sun Hung Kai Properties and a joint venture between Swire Properties and Ping An Real Estate to win a commercial site in Shanghai’s Jing’an district for a record RMB… Read More>>
Developer China Oceanwide Holdings has halted construction on a $1 billion mixed-use project in Los Angeles that was previously scheduled to be completed this year, according to an account in the Los Angeles Times, citing a statement by the Beijing-based… Read More>>
Hong Kong’s Lands Department on Wednesday announced that a plot of residential land on what had been the runway of the city’s former Kai Tak Airport has been awarded to local development giant, Sun Hung Kai Properties, for HK$11.26 billion… Read More>>
China’s real estate internet portal Fang Holdings on Monday announced a change in its senior management and a proposed spin-off of the group’s research unit, China Index Holdings Limited (CIH), after the company’s total revenues fell to $83.6 million in the… Read More>>
Sunac China has agreed to buy a pair of projects in Shanghai and Beijing from competitor China Oceanwide Holdings in a deal valued at RMB 12.55 billion ($1.85 billion), according to a filing today to the Hong Kong stock exchange.
Three of Hong Kong’s biggest developers are said to have made it to the final round of a competition for a rare site in Shanghai’s Jing’an district in a land auction set to end this week.
Sun Hung Kai Properties,… Read More>>
Four of the biggest Chinese investors in Los Angeles real estate have been named in an FBI investigation of possible bribery, kickbacks, extortion, and money laundering related to property deals in southern California’s largest city, according to a document seen… Read More>>
China state-owned Gemdale Properties and Investment has handed over one of its own co-working facilities to WeWork for conversion into a new centre for the co-working giant, as the two companies enter a revenue sharing agreement, according to a statement… Read More>>
