The quantity of new homes being built in Malaysia’s Johor state, just across the border from Singapore, now exceeds the entire stock of privately owned housing in the entire city-state, according to a statement last week from a Singaporean government… Read More>>
Taiwan’s Cathay Life Buys London Building for $901M
A Chinese insurer made another record breaking real estate acquisition this week, but in the case of London’s Walbrook building the buyer didn’t come from the mainland.
Taiwan’s Cathay Life made its second major purchase of a UK office asset… Read More>>
Wang Jianlin Buys Monet Masterpiece for $20.1M
On May 5, Chinese property developer Wang Jianlin sent out a press release in five languages announcing that he had passed Li Ka-shing to become Asia’s richest man, after his fortune had increased to an estimated $36.2 billion.
In case… Read More>>
Greenland Group Breaks Ground on $922M London Housing Project
Greenland Group, which last year grew to become China’s largest real estate developer, started growing its business in the UK last week when it ground on a ₤600 million ($922 million) residential project.
The Ram Quarter project is one of… Read More>>
APAC Core Real Estate Funds Return 10.7% in 2014
Real estate funds focusing on core assets – mature properties in prime locations – achieved top financial results for regional investors in 2014, returning an average of 10.7 percent on their investments and outperforming higher risk opportunity funds.
For funds… Read More>>
Chinese Purchases of Aussie Homes Double to $9.76B in 2014
Sales of Australian homes to foreign buyers doubled in the most recent financial year, in a surge led by Chinese buyers.
Mainland investors pumped A$12.4 billion ($9.76 billion) into Aussie real estate from April 2014 to the end of March,… Read More>>
China Vanke Buys Historic NYC Tower for $125 Million
China Vanke has made its third real estate investment in the US, and its first acquisition of a completed project in North America, by purchasing the historic Bush Tower in Manhattan for $125 million.
According to a story in New… Read More>>
3rd Wave of Chinese Real Estate Investment Hits Aussie Shores
Chinese real estate investment has spread from banks and sovereign wealth funds which bought trophy assets in the world’s biggest markets, to property developers looking for project opportunities in the world’s gateway cities.
Now according to a recently released report,… Read More>>
China Faces 1 Bil SQM of Empty Real Estate Says Chinese IMF Leader
China’s housing prices are in for continued adjustment, according to Zhu Min, a deputy managing director of the IMF, and the reason for the ongoing downward pressure on the market is one billion square metres of unoccupied buildings.
That… Read More>>
China’s Greenland Group to Go Public Via Backdoor Listing
China’s largest property developer by sales will finally be listed on a mainland exchange after Greenland Group received approval last week from Chinese authorities to inject assets into Shanghai Jinfeng Investment.
The backdoor listing will create China’s largest listed real… Read More>>
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