Asia Pacific real estate investment news and information
Chinese conglomerate Fosun International Ltd (0656.HK), which is rapidly becoming one of China’s leading global investors, today reassured investors that it has adequate cash to finance its proposed 1 billion euro purchase of Portuguese insurer Caixa Seguros e Saude.
The company also indicated that it will continue to look for investment opportunities outside of China.
Investment in big ticket real estate deals by private individuals has risen more than 111 percent in the last five years, with Asian investors leading the surge.
A new report by real estate services firm Savills, in partnership with Singapore cosultancy Wealth-X finds that while corporate real estate investments have increased 43 percent since 2008, real estate acquisitiosn in excess of US$10 million by the world’s wealthy rose by 111 percent in the same period.
Fosun International Ltd became the latest Chinese company to acquire a US trophy asset last week when it agreed to purchase 1 Chase Manhattan Plaza from JP Morgan Chase for US$725 million.
With the acquisition the closely held Shanghai firm… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
The government is not likely to release new tightening policies in the short-term… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
In a move that dramatically expands the company’s global real estate presence, Michael… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
China’s home prices may rise 3 to 5 percent… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
China may implement “dramatic” tax reforms and introduce more easing measures… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
JPMorgan Chase & Co.’s (JPM) pipeline of clients from China seeking financing… Read More>>
