China’s central government is aiming all of its bureaucratic weapons at the housing market in the early months of this year, to add some spark to one of the traditional engines of the mainland economy.
The latest evidence of this… Read More>>
Anthony Couse Named Asia Pacific CEO at JLL
Property consultancy JLL announced a top level leadership change today, naming Anthony Couse of the company’s Shanghai office as the group’s new CEO for Asia Pacific, effective June 1st of this year. Couse will replace JLL’s current regional head, Alastair… Read More>>
China Lowered Downpayments, But Will It Help Sell Homes in the Hinterland?
China made a major rule change regarding its housing market just before the spring festival holiday, lowering downpayments on purchases of new homes by first-time buyers from 25 percent to 20 percent, and from 40 percent to 30 percent for… Read More>>
PGGM Commits Another $160M to Redwood China Logistics Fund
Dutch pension fund manager PGGM has committed another $160 million to the Redwood China Logistics Fund just over one week after the fund’s parent firm merged with a mainland rival, as revealed in an exclusive report on Mingtiandi.
With this… Read More>>
Danish Life Insurer Said to Invest $200M in Morgan Stanley Asia Core Fund
Denmark’s largest private life insurer will be sending some of its crisp nordic krone over to Asia to invest in a new Asia Pacific real estate fund being set up by Morgan Stanley Real Estate Investing (MSREI).
According to accounts… Read More>>
15 Out of China’s Fifty Top Developers Lost Money in 2015
China’s government has made reviving investment in the property sector a top target for 2016, but Xi Jinping and friends may have a tough year ahead of them after nearly a third of the country’s top developers lost money in… Read More>>
Dalian Wanda Signs Deal for $10B Industrial Zone in India
China’s most aggressive cross-border investor has now signed up to be the biggest foreign player in India, after Dalian Wanda reached preliminary agreement with the Indian government for a $10 billion industrial zone.
The plan for Wanda Industrial New City… Read More>>
Warburg Pincus-Backed Logistics Developer e-Shang Merges with Redwood Group
Two of Asia’s fastest growing warehouse developers merged yesterday in a stock-only deal to form a new regional powerhouse in the logistics sector, according to parties familiar with the transaction.
The merger of Shanghai-based e-Shang with Singapore’s Redwood Group creates… Read More>>
Xinyuan Moves into Manhattan with $57.5M Midtown Condo Deal
Chinese developer Xinyuan Real Estate is taking on its first project in Manhattan after closing on a $57.5 million residential site earlier this month.
The NYSE-listed company signed preliminary agreements to acquire the land at 615 10th Avenue in Manhattan’s… Read More>>
China Overseas Land to Buy London’s Helicon Building for $200M
China Overseas Land and Investment (COLI) is set to become the second Chinese real estate developer to purchase an office tower in London within the last month according to a report published on Friday.
One of China’s top five developers… Read More>>
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