Asia Pacific real estate investment news and information
More than one percent of China’s richest people have been prosecuted for economic crimes, according to a recent report, and the country’s real estate industry is the leading source of these charged, jailed or executed kingpins.
The Hurun Report, which… Read More>>
One of China’s most famous ghost cities could churn out a new kind of horror this week after a real estate developer based in the Inner Mongolian city of Ordos revealed last week that it is struggling to repay bonds… Read More>>
Guo Guangchang, chairman of China’s largest private investment conglomerate, Fosun International, was reportedly detained by police yesterday amid a deepening anti-graft campaign.
Fosun made headlines internationally in 2013 by purchasing Chase Manhattan Plaza in New York for $725 million, and… Read More>>
Shui On Land parted with another jewel in its crown of downtown Shanghai assets yesterday when the Hong Kong-listed developer agreed to sell the Corporate Avenue 3 building to a unit of oyster sauce heavyweight Lee Kum Kee and developer… Read More>>
China’s insurance giants have featured in news of overseas real estate acquisitions this year, but now appear to be raising their investments in the mainland’s property market as well.
During the past week Anbang Insurance, which became famous internationally for… Read More>>
Evergrande Real Estate saw its stock hammered for the second time in one month after the Guangzhou-based developer bought four residential projects in China’s second-tier cities last week for $2.1 billion.
Shares in Evergrande slid nearly seven percent on the… Read More>>
Bargains on high-end brands will be headed to Sichuan next year as a European investment consortium has broken ground for a $110 million outlet mall in the provincial capital of Chengdu.
The ground-breaking last month was a formal recognition of… Read More>>
Tokyo topped a list of favored destinations in the Asia Pacific region among real estate investors, as sentiment toward mainland Chinese cities continued to suffer from fears of an economic slowdown and rising prices, according to a survey released this… Read More>>
Hong Kong may have just experienced a year of street protests and falling retail sales, but the city has clung to its title as the world’s most expensive place to rent an office, according to a recent survey by property… Read More>>
Insurance companies from mainland China can be expected to sharply increase their overseas acquisitions of real estate in the next few years, with these cross border property deals expected to total $73 billion by 2019, according to a report issued… Read More>>
