Asia real estate and outbound investment news
Shanghai Zendai Property has completed the sale of most of the developer’s stake in a collection of properties and development sites in Jiangsu province for RMB 225 million ($32.3 million).
The completion took place Tuesday, Zendai said in a filing… Read More>>
The real estate investment arm of banking titan Morgan Stanley has acquired a portfolio of four logistics assets in cities surrounding Shanghai from Singapore-based SC Capital Partners for an undisclosed sum, Mingtiandi has learned.
Morgan Stanley Real Estate Investing (MSREI)… Read More>>
Hong Kong-listed warehouse developer and fund manager ESR announced on 30 June that it had acquired a 100 percent stake in three logistics properties in eastern China’s Jiangsu province.
The addition of the trio of projects to ESR’s China holdings… Read More>>
Credit ratings agency Moody’s Investors Service this week has downgraded its outlook for Hong Kong-listed developer Wuzhou International Holdings Limited as it predicted that the Jiangsu-based industrial specialist would default on $300 million in offshore bonds.
The downgrade comes after… Read More>>
The garden city of Suzhou is now only twenty-five minutes from Shanghai by high speed rail, and one of Hong Kong’s biggest developers, along with its mainland partner, may be hoping that the Chinese commercial centre’s sky high real estate… 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>>
A Chinese warehouse developer invested by the Carlyle Group and Singapore’s Temasek Holdings last week got ready to put $300 million of that capital to work on a major new logistics facility in Wuxi aimed at serving demand from China’s… Read More>>
Logistics real estate developer Gazeley recently announced plans to set up a new 77,000 square metre distribution centre in the city of Wuxi in China’s Jiangsu province as the country’s retail boom continues to fuel demand for logistics space.
According… Read More>>
One eastern Chinese city has found a quick solution for propping up a declining housing market – creating more residents.
According to a report in the Wall Street Journal, Wuxi in Jiangsu province has begun relaxing the requirements for securing… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Global Logistic Properties Limited (“GLP”), the largest provider of modern logistics facilities in… Read More>>
