Hong Kong private equity shop Gaw Capital Partners has agreed to sell the Cross Tower, a 24-storey commercial building in Shanghai, to a mainland real estate fund for a price believed to be RMB 2.66 billion ($402 million).
Gaw is… Read More>>
Asia real estate and outbound investment news
Hong Kong private equity shop Gaw Capital Partners has agreed to sell the Cross Tower, a 24-storey commercial building in Shanghai, to a mainland real estate fund for a price believed to be RMB 2.66 billion ($402 million).
Gaw is… Read More>>
Greenland Group, which through its domestic and international acquisitions is rapidly establishing itself as one of China’s most aggressive real estate firms, this week announced that it was acquiring a residential site in downtown Shanghai for RMB 5.95 billion (US$979… Read More>>
China’s rebounding real estate market continues to drive up land prices, as a subsidiary of Singapore’s Wing Tai group recently set a new record by paying RMB 42,821 (US$7,028) per square metre of planned space for a plot near Xintiandi.