Asia Pacific real estate investment news and information
Chinese has already become famous for its wealthy buyers of overseas homes, and now one of its most famous billionaires has purchased a 28,100 acre (11,371 hectare) estate in New York that formerly belonged to the Rockefeller family.
Jack Ma,… Read More>>
Chinese buyers bought more US homes, for more money, than any other foreign investors last year, as China’s wave of outbound investment continues to spread globally.
Home buyers from mainland China, Hong Kong and Taiwan together purchased $28.6 billion worth… Read More>>
New home prices climbed in 20 out of 70 major Chinese cities last month compared to April, as the country’s home market continues to see signs of recovery after a year-long slide.
Among the 70 urban centres surveyed each month… Read More>>
China’s largest commercial developer, Dalian Wanda, hopes to grow a bit bigger still by investing as much as $10 billion in India over the next decade.
Wanda chairman, Wang Jianlin – currently reigning as Asia’s richest man – is in… Read More>>
Vanke lost its title of China’s largest developer last year to Shanghai’s Greenland Group, but the Shenzhen-based home builder won a different prize this week by securing the right to launch China’s first real estate investment trust (REIT).
The REIT… Read More>>
China’s love affair with Sydney continued to pick up pace this month as Greenland Group picked up a pair of projects in Australia’s largest city for a combined A$170 million ($131 million).
The Shanghai-based developer, which outsold all other Chinese… Read More>>
Hong Kong’s Gaw Capital has led a group of Asian investors in buying Seattle’s tallest building for $725 million, according to published reports.
The acquisition of the 76-storey Columbia Center office tower from previous owners Beacon Capital of Boston could… Read More>>
Hong Kong developer Great Eagle has become the latest Chinese real estate company to bet on San Francisco’s property market by purchasing a development site in the city’s Central Market area for $19.8 million, according to public records.
Great Eagle has… Read More>>
Shanghai home prices hit a new high in May, and developers reacted by bringing in extra financial muscle to win the first land sales of June in China’s commercial capital.
China Resources Land teamed up with state-owned investment conglomerate Huafa Group… Read More>>
China’s wave of outbound investment is expected to rise still higher this year as the government prepares to lift restrictions on cross-border capital flows for companies and individuals.
According to reports in the official Securities News, a pilot scheme allowing… Read More>>
