Asia Pacific real estate investment news and information
TH Real Estate, the property division of investment giant TIAA-CREF, announced late this week that it had opened its third outlet mall in China, as rising consumption on the mainland continues to drive retail growth.
The 118,000 square metre (1.3… Read More>>
State-owned developer Gemdale Group beat out 16 competitors to pick up a residential site in Shanghai’s Jiading district for RMB 2.01 billion ($315 million), setting a new record per square metre for housing in the suburban area.
Gemdale’s bid was approximately… Read More>>
One of China’s most prolific overseas real estate investors appears intent on adding another country to its portfolio as Greenland Group announced an investment deal with one of Japan’s largest financial conglomerates this week.
Shanghai-based Greenland said in a statement… Read More>>
Henry Cheng, chairman of Hong Kong’s New World Development, won approval this week to build 15,000 new homes in London as part of a £8.4 billion ($13 billion) project.
Cheng’s proposal for redeveloping London’s Greenwich Peninsula was given the go-ahead… Read More>>
China’s leading source of real estate intelligence today launched its first in-depth exploration into the future of China’s retail industry at a press conference in downtown Shanghai.
The 52-page white paper by Mingtiandi, China Mall 2020, examines the potential… Read More>>
Hongkong Land this month became the latest international developer to sign up for a major commercial project in Shanghai’s Qiantan area, as the city government’s latest pet project rapidly transforms into a major construction hub.
The 126-year-old listed builder on… Read More>>
Glorious Property, the Shanghai-based real estate developer that missed missed debt payments repeatedly this year, has made good on a coupon obligation after bond holders sought legal advice, according to media reports.
The property firm belonging to troubled tycoon Zhang… Read More>>
Hong Kong-listed real estate developer Glorious Property could become the latest victim of China’s property crunch after the mainland builder disclosed last week that its revenues had dropped 85 percent this year and it had failed to make payments on… Read More>>
Two of China’s retail giants surprised the market today with the announcement of cooperation agreement the calls for electronics seller Suning to open 40 new shops in Dalian Wanda’s malls in the next four months.
The two companies indicated that… Read More>>
HNA Group, the parent company of China’s privately owned Hainan Airlines, jumped into the London real estate market this week by purchasing a ten-storey tower that is Reuters news agency’s European home.
HNA, which is chaired by Hainan Airlines founder… Read More>>
