Chinese investment in US real estate will hit $15 billion in 2014, and Los Angeles is becoming one of the major beneficiaries as buyers branch out into more cities, according to a recent report.
Los Angeles has already ranked second… Read More>>
Asia real estate and outbound investment news
Chinese investment in US real estate will hit $15 billion in 2014, and Los Angeles is becoming one of the major beneficiaries as buyers branch out into more cities, according to a recent report.
Los Angeles has already ranked second… Read More>>
China’s largest developer by sales took a major step toward transforming its business model last week when Vanke signed a memorandum of understanding to sell a nine of its commercial real estate projects to Carlyle Group.
The deal between China… Read More>>
China’s real estate downturn continued to put pressure on Shui On Land this week as the troubled developer sold two hotels worth a total of RMB 2.7 billion ($439 million) after posting worse than expected financial results. Luckily, for Shui On… Read More>>
After two Russians scaled the Shanghai Tower to film themselves dangling from the world’s second-tallest building, it seems to have started a new fad of climbing office towers just to show the world how tiny it looks from way,… Read More>>
A Chinese real estate developer on the brink of listing on the Hong Kong Stock Exchange took the unusual step of declaring to investors that its operations were likely to be comprised by corruption.
But buyers snapped up the stock… Read More>>
China’s pursuit of London property continued this week, but this time from the other side of the Taiwan Straits, as Cathay Life Insurance purchased a building in the City of London for GBP 311 million ($516 million).
The Taiwanese life… Read More>>
Developer Guangzhou R&F Properties continued its overseas expansion this week when it acquired a site in San Jose, California for a $250 million residential project. The move is a continuation of an overseas expansion by China’s cashed-up real estate developers,… Read More>>
Housing sales in China dropped 10.5 percent during the period from January to July this year as buyers continue to wait for further price decreases and banks appear to be pulling back sharply on credit.
According to figures released by… Read More>>
Not content with taking on Hollywood, China’s richest man is now headed to Surfers Paradise as Dalian Wanda prepares to invest up to $1.57 billion in Australian real estate projects, starting with a $1 billion beachfront hotel.
In an announcement to… Read More>>
The best time to invest may just be that moment when most other investors have given up on the market, at least that seems to be the case for Citic Capital and Grosvenor.
Both state-owned asset manager Citic and UK-based… Read More>>