Asia Pacific real estate investment news and information
Dalian Wanda Group continues to scale back its overseas empire, selling its flagship billion-dollar London project for £59 million ($81.5 million) just under four years after buying the site in south London’s Vauxhall area for £88.8 million.
Two units of the… Read More>>
Another collective sale leads the region’s real estate headlines again today as Asia gets back to work after the western holiday season, with the owners of a housing development hoping to bring in S$355 million to be homeless. Meanwhile, Guangzhou… Read More>>
The top real estate stories in the region are all about home sales today, as a major league mainland developer declares a 56 percent jump in new contracts, and housing prices in Hong Kong hit another record high. Meanwhile in… Read More>>
Leading the news today, Hong Kong’s own Gaw Capital is said to be slugging it out with some of the world’s biggest investors as Link REIT puts a $2 billion set of assets on the market, while up on the… Read More>>
Even in the midst of one of China’s biggest property boom cycles ever, there are still those companies that can’t make money, as Greenland Group revealed this week in its interim financial report. Also in the news, GLP sells off… Read More>>
The Chongqing developer which bought one of London’s best known office buildings might not be done making its mark in the big smoke, as CC Land declared its interest this week in making more property purchases in the UK. Also… Read More>>
Leading the news today, China’s biggest ecommerce group has hired Southeast Asia’s largest developer to manage its new 80,000 square metre office building in Shanghai. Also, developers in Hong Kong and mainland China continue to report record earnings in the… Read More>>
Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources familiar with the newly transferred property indicating that the Chinese developer has transferred the Nine Elms Square site to a… Read More>>
China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).
The acquisition is the latest twist on a sale of Wanda’s… Read More>>
So where’s Evergrande? At the top of today’s headlines, Guangzhou R&F, Wanda and Sunac appear to have formed an alliance of three of China’s most indebted developers to pull off a $9.3 billion deal announced last week. Looks like China’s… Read More>>
