Asia Pacific real estate investment news and information
Shanghai Construction Group became the latest Chinese buyer of an overseas hotel recently when a US subsidiary of the state-owned giant picked up the Hyatt Regency Orange County for $137 million.
The southern California hotel acquisition by SCG America is… Read More>>
Developers Dalian Wanda and Guangzhou R&F Properties could be among the first batch of companies to list on mainland exchanges as China’s government prepares to re-open new stock market listings following this summer’s crash.
The domestic stock market listings could… Read More>>
Chinese warehouse developer e-Shang continued to boost its bid to become a major player in Asia’s regional logistics real estate market this week as the Shanghai-based startup announced a $500 million joint venture with Dutch pension asset manager APG Asset… Read More>>
China’s Evergrande Real Estate set a new record for acquisition of a Hong Kong office building last week by purchasing the Mass Mutual Tower in Wanchai from Joseph Lau’s Chinese Estates for HK$12.5 billion ($1.61 billion).
The sale of the… Read More>>
Mainland insurer China Life Insurance set a new record for purchase of a commercial property in Hong Kong’s Kowloon area by purchasing two buildings currently under development at Wheelock and Company’s One Harbourgate complex for HK$5.86 billion ($755 million).
The… Read More>>
After years of stories of Chinese farmers being forced off their land for new real estate projects locals in eastern China’s Anhui province appear to have turned the tables against at least one developer, after repurposing a failed housing project… Read More>>
Houston-based developer Hines celebrated its latest milestone in China on Thursday by holding the topping out ceremony for an office project in Shanghai’s Jing An district, which it announced will be named “One Museum Place.”
Now structurally complete, the 54-storey… Read More>>
In an internal memo seen today by Mingtiandi, real estate agency CBRE announced a new management structure for its China operations, under North Asia President Ben Duncan.
The new structure coincides with the premature departure of the company’s China president… Read More>>
Dalian Wanda’s Wang Jianlin this year regained his spot on top of a list of China’s wealthiest people, with the country’s ten richest real estate tycoons boasting total assets of nearly $74 billion, according to the annual Forbes China Rich… Read More>>
Speaking at Harvard University on Thursday China’s richest man, Wang Jianlin, admitted that close relatives of Chinese president Xi Jinping had been shareholders in Dalian Wanda, but credited the commercial property developer’s success to its innovative business model and management… Read More>>
