Asia real estate and outbound investment news
In this week’s edition of People in the News, the chief executive officer of a casino operator’s China business has announced his retirement, while a property consultancy has named a former WeWork executive as its managing director in Beijing.
Meanwhile… Read More>>
China’s burgeoning co-working sector just got another burst of cash, with Shanghai-based shared office startup Distrii closing on a RMB 200 million ($30 million) round of financing from a group of global investors.
Singapore’s City Developments Limited (CDL) and California-based… Read More>>
US private equity firm Century Bridge Capital has sold a 43.24 percent stake in a mainland China residential project to partner Jingrui Holdings for $41.8 million, according to a statement this week by Jingrui to the Hong Kong stock exchange.
Residential real estate prices near the soon to open Shanghai Disney Resort have surged by 35 percent in anticipation of the resort’s official debut next month. The good news for buyers and developers is that, based on the history of… Read More>>
China’s Kaisa Group became the country’s first real estate developer to default on its offshore debt obligations on Monday last week, and by Friday international bond investors were snatching up new notes issued by two junk-rated mainland property firms.
Hong… Read More>>
