On May 5, Chinese property developer Wang Jianlin sent out a press release in five languages announcing that he had passed Li Ka-shing to become Asia’s richest man, after his fortune had increased to an estimated $36.2 billion.
In case… Read More>>
Asia Pacific real estate investment news and information
On May 5, Chinese property developer Wang Jianlin sent out a press release in five languages announcing that he had passed Li Ka-shing to become Asia’s richest man, after his fortune had increased to an estimated $36.2 billion.
In case… Read More>>
Greenland Group, which last year grew to become China’s largest real estate developer, started growing its business in the UK last week when it ground on a ₤600 million ($922 million) residential project.
The Ram Quarter project is one of… Read More>>
Real estate funds focusing on core assets – mature properties in prime locations – achieved top financial results for regional investors in 2014, returning an average of 10.7 percent on their investments and outperforming higher risk opportunity funds.
For funds… Read More>>
Sales of Australian homes to foreign buyers doubled in the most recent financial year, in a surge led by Chinese buyers.
Mainland investors pumped A$12.4 billion ($9.76 billion) into Aussie real estate from April 2014 to the end of March,… Read More>>
China Vanke has made its third real estate investment in the US, and its first acquisition of a completed project in North America, by purchasing the historic Bush Tower in Manhattan for $125 million.
According to a story in New… Read More>>
Chinese real estate investment has spread from banks and sovereign wealth funds which bought trophy assets in the world’s biggest markets, to property developers looking for project opportunities in the world’s gateway cities.
Now according to a recently released report,… Read More>>
China’s housing prices are in for continued adjustment, according to Zhu Min, a deputy managing director of the IMF, and the reason for the ongoing downward pressure on the market is one billion square metres of unoccupied buildings.
That… Read More>>
China’s largest property developer by sales will finally be listed on a mainland exchange after Greenland Group received approval last week from Chinese authorities to inject assets into Shanghai Jinfeng Investment.
The backdoor listing will create China’s largest listed real… Read More>>
Stephen Schwarzman, chairman and CEO of private equity giant Blackstone believes that Chinese investors will continue to favor international real estate as an asset class, and that the current wave of trophy property investments is the path of least resistance… Read More>>
China’s biggest mall developer is planning to build 900 more shopping centres in the next ten years, and Dalian Wanda is turning to the country’s netizens to fund this ten-fold expansion of its retail empire.
Wang Jianlin, who heads Dalian… Read More>>