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china construction

China Land Premiums Fall Despite Relaxed Rules and More Asia Real Estate Headlines

2021/12/29 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China’s land market continues its slump despite government moves to boost credit and ease restrictions to entice developers, a South Korean investment firm acquires an office building in Brussels, and debt-saddled China Evergrande… Read More>>

Wilson Chen, Tishman Speyer China CEO

Tishman Speyer JV Pays $800M for Commercial Site in Shanghai’s Changning District

2021/11/18 by Christopher Caillavet Leave a Comment

Tishman Speyer is once again making moves in its favourite Asian megacity, with the US developer today announcing that it had successfully led a RMB 5.09 billion ($800 million) purchase of a plot in Shanghai’s Changning district for a future… Read More>>

galatyn commons

Mapletree Closes on $552M for US Office Fund and More Asia Real Estate Headlines

2021/09/26 by Michael Cole Leave a Comment

Singapore’s ongoing interest in American real estate assets as Mapletree Investments announces that it has closed on $552 million in equity for its first-ever US office fund.

The ongoing financial pressure on Chinese developers continues to make… Read More>>

republic plaza singapore

CDL Declares Loss Despite SG Market Boom and More Asia Real Estate Headlines

2021/08/12 by Michael Cole Leave a Comment

Singapore’s condo market is experiencing a full-scale boom, but that upswing hasn’t been enough to cure the ills of the city’s largest non-government-backed developer, as City Developments Ltd revealed its second quarter financials today.

Also in the… Read More>>

Yao Jinbo header

Anjuke Boss Calls for RMB 4B Fine of Beike and More Asia Real Estate Headlines

2021/04/13 by Michael Cole Leave a Comment

Fines are in fashion in China as the boss of real estate listings site Anjuke seems to have been inspired by recent government action against Alibaba to call down government fury upon his larger competitor.

Singapore is… Read More>>

mi chunlei thumb

Private Shanghai Developer Braves Pandemic to Pay RMB 6B for Jing An Site

2020/04/23 by James Hatton Leave a Comment

A little-known mainland developer has braved the economic uncertainty caused by the COVID-19 pandemic to buy a commercial site in central Shanghai’s Jing An district for RMB 6 billion ($850 million), according to a government announcement.

Lanhai Holdings Group, which… Read More>>

Chester Zhang

RMB 32B Shanghai Riverside Site Expected to Draw Consortium Bids

2020/01/02 by Mingtiandi Team Leave a Comment

A mixed-use site in Shanghai’s Xuhui district has been offered for sale with an estimated price tag of more than RMB 30 billion ($4.3 billion), as the municipal government strives to build a 1.8 million square metre (19.4 million… Read More>>

Shenzhen Takes in RMB 22.4B From Biggest Day of Land Sales Ever

2019/06/25 by Jan Kot Leave a Comment

Shenzhen auctioned off five residential land parcels to a pack of 80 project-hungry developers on Monday, bringing in a total of RMB 22.4 billion ($3.2 billion) for southern China’s top tech hub.

The city’s first residential land sale of 2019… Read More>>

Robert Kuok

Kerry-Allgreen JV Pays S$700M for Rights to SG Resi-Retail Project

2019/03/26 by James Hatton Leave a Comment

A pair of developers owned by Malaysian tycoon Robert Kuok have secured a prime mixed-use site in Singapore for S$700 million ($518 million), according to Singapore’s Housing and Development Board.

In the final round of a two phase tender, the… Read More>>

nanjing auction

Nanjing Land Sale Falls Flat as Plot Prices Plummet 36% Since 2016

2018/12/22 by Emma Zhou 1 Comment

China’s second-tier cities may be in for a round of land price corrections in 2019, judging by a recent tepid land auction in Nanjing.

At an auction of six plots in the city of over eight million people this past… Read More>>

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