Asia Pacific real estate investment news and information
Global luxury brands and the mall developers that love them have hit hard times in China as Xi Jinping’s anti-corruption campaign has seen shoppers desert high end stores.
According to a recent report in the South China Morning Post, many… Read More>>
Real estate services firm Jones Lang LaSalle (NYSE: JLL), announced today that its client – ARA Asia Dragon Fund – had concluded the en-bloc sale of Nanjing International Finance Center to SanPower Group for a total transaction value of RMB… Read More>>
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or went off to Thailand on holiday and never made it back through the street protests.
Ivan Ho has… Read More>>
Hong Kong’s retailing landscape is changing. With the competition for space in the city’s traditional retail districts–Central, Causeway Bay, Tsimshatsui and Mongkok–driving rents to eye-watering levels, foreign retailers are increasingly shifting their focus to shopping centres in the New Territories. Fast fashion brands such as Uniqlo, Gap, H&M and Zara have been leading the trend but others are following.
In addition to capturing a share of the growing Mainland-shopper market, retailer interest is also being attracted by growing local populations resulting from the completion of new residential developments.
Data just released by Jones Lang LaSalle (JLL) shows that 2013 was the strongest year on record for commercial real estate markets in Asia Pacific, with direct investment reaching US$126.7 billion by year-end. Transaction volumes over the year were up… Read More>>
An unwillingness by local governments to sell land for logistics use, and the rapid expansion of China’s ecommerce sector, are driving up the costs of warehouse space for users on the mainland according to real estate analysts, with rents in Beijing now reaching US$7 per square metre per year.
China again declared its love for overseas real estate yesterday with developer Greenland Group agreeing to acquire a historic London site for a £600 million (US$984 million) development project. And in the same day, the developer announced that it would spend an additional £600 million to purchase a site along the city’s famed Canary Wharf.
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or discovered that going back to work in 2014 is somehow more daunting than it was in 2013.
Peter… Read More>>
Research released last week by Jones Lang LaSalle shows that Chinese investment in London real estate has risen over 1500% since 2010, increasing from US$88.2 million to over US$1.63 billion at the end of quarter three 2013.
This increase means… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
China Grave Builder Leads Surge in IPO Stocks
Fu Shou Yuan International Group Ltd., a Chinese developer of graveyards, soared on its Hong… Read More>>
