Leading today’s news, Asia’s richest woman could get wealthier still, thanks to an upcoming $200 million New York IPO for developer Country Garden’s education affiliate. Also in the headlines, a site along Hong Kong’s West rail line draw 35 expressions… Read More>>
Li Ka-shing Wraps Up Biggest Overseas Deal Ever and More Asia Real Estate Headlines
At the top of the news today, One of Hong Kong’s biggest property developers has won out in his attempt to buy an Aussie power company, a top 10 mainland homebuilder broke $1 billion in operating profit by the end… Read More>>
Morgan Stanley to Sell $900M Stake in Hainan Resort to Agile Group
Morgan Stanley bought a 30 percent stake in Agile Group Holdings’ Hainan Clearwater Bay project back in 2008 and now the Guangdong-based developer wants it back.
The US-based investment giant had earlier this month notified Agile of its intent to… Read More>>
Cash-Starved LeEco Aims to Sell Off $424M Beijing Mall It Bought Last Year
With its $2 billion buyout of TV maker Vizio DOA, its CFO throwing in the towel and reports of missed payrolls at its Yidao Yongche ride hailing app, LeEco has had a rough month. And now entrepreneur Jia Yueting’s mainland… Read More>>
Ontario Slaps 15% Tax on Foreign Buyers and More Asia Real Estate Headlines
Leading the news today, the rolling ball of Chinese hot money may need a new target soon after the Canadian province of Ontario followed the lead of Vancouver, Singapore and Hong Kong in placing a 15 percent duty on foreign… Read More>>
China Eases Capital Controls – But Not Very Much
In recent months China’s richest man lost out on a $1 billion Hollywood acquisition and hundreds of middle-class Chinese homebuyers have found themselves unable to make payments on homes in Malaysia and Melbourne. These financial mishaps were triggered at least… Read More>>
Land Sales Jumped 50% in China’s Largest Cities During Q1
With China home prices at record levels in many of the country’s largest cities, residential land supply in first-tier cities in China – such as Beijing, Shanghai and Guangzhou – increased by over 50 percent from the same period a… Read More>>
Wang Jianlin Blames Officials for Failed US Deal and More Asia Real Estate Headlines
China’s richest man is known for his close relationships with the families of some top officials, but it seems that even those high level contacts may be no match for the country’s capital controls, according to a story leading today’s… Read More>>
SG Private Home Sales Surged 82% in March and More Asia Real Estate Headlines
Property fever leads the headlines region-wide today, as even some of Asia’s once dormant markets sprung to new levels of activity in March. After a long slump post-stamp duty, sales of private homes in Singapore jumped 82 percent last month… Read More>>
Listings Portal Juwai Lands Deal with Warren Buffett and More Asia Real Estate Headlines
At the top of the news today, America’s best known investor doesn’t seem too worried about the long-term effects of China’s capital controls, and the country’s developers also ramped up their bets on the domestic property market at the end… Read More>>
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