Asia Pacific real estate investment news and information
A privately owned Hong Kong real estate developer added to the flood of Chinese money into Australia this week by picking up the Melbourne Park Hyatt Hotel for a reported A$135 million (US$119.78 million).
The five star hotel is located near Melbourne’s Parliament House at 1 St Andrews Place and was developed in 1999 by Lustig & Moar at a cost of $150 million. The sale involves both the 240 room Park Hyatt hotel and an adjoining commercial car park.
City Developments Ltd, the Singapore-listed developer which owns the Millennium & Copthorne hotel chain, moved to internationalise its operations on Friday with the appointment of Apollo Global Management real estate head Grant Kelley as its new chief executive.
Kelley has… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Chinese property prices rose again in December, according to two private surveys, but… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Real estate Sunac China Holdings Ltd. expects home sales to… Read More>>
Billionaire real estate developer Wang Jianlin dominated the headlines last week as he was named China’s richest man by Forbes, and announced his intention to invest US$5 billion per year outside of China for the next five years.
“Every year… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Wang Jianlin, the Chinese billionaire best known in the U.S…. Read More>>
With two announcements of plans for billion dollar hotels during the month of June, China’s Dalian Wanda group is making clear that it intends to create its own global hotel brand.
The hotel investments include US$1.1 billion to develop a… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
In 2012, the industrial profits of enterprises above designated size achieved 5,557.8 billion yuan,… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
China Vanke Co. (000002)’s Hong Kong unit jointly won a HK$3.43… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Residential property prices in Asia look set for another solid year of growth… Read More>>
