Asia Pacific real estate investment news and information
Land sales for property development fell by more than 25 percent last year in China, as the country’s real estate industry struggles to cope with falling housing prices and rising land costs.
According to China’s Ministry of Land and Resources,… Read More>>
China’s Kaisa Group may have been saved from default today when Sunac chairman Sun Hongbin announced that his company would be acquiring a 49.3 percent stake in the troubled real estate developer.
Sun said in an interview at Kaisa’s headquarters… Read More>>
International debt markets didn’t wait for the rescue of Shenzhen-based Kaisa Group to bring back Chinese developer notes as Shimao Property sold an $800 million seven-year bond on Tuesday night.
The debt issue came just hours before Tianjin’s Sunac Holdings… Read More>>
China’s housing prices climbed in January for the first time since April, as looser monetary policies seem to be coaxing buyers back into the market.
New home prices climbed by an average of 0.21 percent last month compared to December,… Read More>>
Regional financial markets may be regaining their trust in China’s real estate developers, as Sino-Ocean Land successfully priced a $1.2 billion dual-tranche bond yesterday.
The Beijing-based builder raised a $700 million five-year note as well as a $500 million 12-year note,… Read More>>
Not content with setting a world record for printing new homes last year, Shanghai’s WinSun Engineering is back in the news this month after building a six-storey apartment block and accompanying villa entirely using 3D printing.
WinSun printed the 1100… Read More>>
Fosun Property, the real estate arm of China’s largest privately held investment conglomerate announced today that it had acquired an office block in Sydney, Australia for A$116.5 million ($93 million).
The Shanghai-based property investment company will add 73 Miller Street… Read More>>
China’s Ping An Insurance has made its second acquisition of a major London real estate asset by acquiring Tower Place in the city’s insurance district for ₤327 million ($490 million) according to sources familiar with deal.
The purchase of the… Read More>>
Shanghai-based Greenland Group is planning a RM2.4 billion ($666 million) mixed-use development in Malaysia’s Johor state, adding to a wave of projects by Chinese real estate developers in the area bordering Singapore.
The state-owned property firm’s 128-acre (52 hectare) Tebrau Bay Waterfront… Read More>>
China’s new housing sales fell in value by 7.8 percent in 2014 driven by a decrease in sales and rising inventories of unsold homes.
According to a report released this week by China’s National Bureau of Statistics, sales of new… Read More>>
