Asia Pacific real estate investment news and information
Shanghai-based Fosun International has purchased a 23-storey office building in Tokyo, its second major real estate acquisition in Japan’s capital city in the last five months.
According to a story in the Wall Street Journal, the Chinese conglomerate acquired the… Read More>>
Following close on the heels of Bank of China’s agreement last week to buy a New York tower for $600 million, two more major Chinese institutions are said to be bidding for overseas real estate assets, with the total value… Read More>>
A hotel company belonging to a Chinese billionaire has agreed to buy a 37-hectare French chateau and vineyard in the Bordeaux region as the country’s nouveau riche progress from drinking wine to buying whole estates.
According to a report on… Read More>>
China’s hunger for real estate in global gateway cities was demonstrated again this week when word leaked that the Bank of China is purchasing a Manhattan office tower for a sum said to approach $600 million.
The big four Chinese… Read More>>
Shares in Kaisa Group Holdings are down by more than nine percent after the company revealed that the Shenzhen government had frozen sales at three of its projects and the company’s largest shareholders scaled back their stake in the Chinese real estate… Read More>>
More bad news could be on the way for China’s property market early next year, as the government will reportedly implement a long awaited national real estate registry in March.
The nationwide log of who owns what properties is expected… Read More>>
Following a year in which home prices in Sydney have risen 13 percent, and an estimated 18 percent of homes are being sold to Chinese, Australian lawmakers are recommending tighter controls on sales of real estate to overseas buyers.
Shanghai’s Greenland Group, which has made a name for itself in recent years by being one of China’s most aggressive overseas investors, has brought that same “Invest first. Ask questions later,” approach to Chengdu, by starting work on southwest China’s… Read More>>
China’s biggest property developer is saying that the country’s biggest real estate market has bottomed out, but one of China Vanke’s top officials cautions that no quick rebound is in site.
Speaking at the company’s annual meeting with securities companies,… Read More>>
Hospitality group Starwood Hotels & Resorts Worldwide announced on Friday that it had sold its Sheraton on the Park in Sydney, Australia to China’s Sunshine Insurance Group Corporation for A$463 million (US$401 million).
The acquisition continues a number of major… Read More>>
