Asia Pacific real estate investment news and information
One of the world’s biggest brokers of multi-million dollar homes is setting up an office in Beijing as Sotheby’s International Realty Affiliates LLC announced recently that it has secured approval to conduct business in mainland China.
In an effort that… Read More>>
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or finally polished the apple to such a high gloss that they get to do more work and maybe get a… Read More>>
Chinese investment in UK real estate didn’t just make headlines in China last year, according to one recent report, the flow of Chinese wealth into downtown London is a top global trend.
Chinese investors were behind a number of attention-grabbing… Read More>>
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.
