Asia Pacific real estate investment news and information
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>>
SOCAM, the property developer and construction materials company belonging to Hong Kong’s Shui On Group, this week sold off the Four Seasons Hotel and associated luxury apartments in Shanghai’s Pudong district for RMB632.5 million ($102 million) in cash, plus assumption… Read More>>
While investors such as Li Ka-shing may be fleeing China’s slumping real estate market, Blackstone is reported to be diving in deeper, as the US private equity giant is said to have purchased a Shanghai commercial complex this week for RMB5.3… Read More>>
Asia’s richest man, Wang Jianlin, has committed to investing RMB150 billion ($24.2 billion) into Chongqing to build 28 new Wanda Plaza malls and add a theme park to the fast-developing southwestern Chinese city.
Wang’s primary holding company, Dalian Wanda Group,… Read More>>
The Hong Kong-Shanghai stock connect has helped drive the Hang Seng properties index up by nearly 17 percent since it opened in November, but now the cross-border equities link has helped to bring one developer down 41 percent. In a… Read More>>
Greenland Group, which already sells more homes than any other real estate developer in China, has decided to try its hand at marketing BMWs, Ferraris and Range Rovers too.
The state-owned developer is spending HK$1.5 billion ($193 million) to acquire… Read More>>
