Asia Pacific real estate investment news and information
Faced with disappointing leasing revenues for its portfolio of Shanghai and Beijing office properties, Soho China announced today that it would sell its Soho Century Plaza office project in Shanghai for an undisclosed sum.
At a press conference in Hong… Read More>>
China’s Dalian Wanda Group continues to expand into the global cinema industry as the company’s AMC Entertainment Holdings subsidiary agreed last week to buy out rival Carmike Cinemas in a $1.1 billion all cash deal.
AMC’s acquisition of the US’s… Read More>>
Mainland developer Country Garden announced recently that it has signed a preliminary agreement with Shui On Land to buy a major stake in the Hong Kong-listed builder’s Foshan Lingnan Tiandi project in the southern Chinese city of Foshan. A report… Read More>>
Greenland Forest City, a partnership between China’s second largest real estate developer and New York firm Forest City Ratner, is proposing to build Brooklyn’s biggest office tower, according to an outline plan presented to community representatives in New York last… Read More>>
Mainland financial giant China Everbright announced late on Thursday that it has agreed to purchase the Dah Sing Financial Centre in Hong Kong’s Wanchai district for HK$10 billion ($1.29 billion), as Chinese giants continue to buy up real estate assets… Read More>>
Hong Kong home prices may be coming down, but the city still ranks tops for the world’s most expensive office space, according to a report released today by property consultancy JLL.
Renting prime space in Hong Kong now costs an… Read More>>
Not content to just be China’s richest man, Wang Jianlin now seems set on making himself a cultural icon, as the chairman of Dalian Wanda group this week rented out space in the British Museum to launch the English version… Read More>>
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>>
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 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>>
