Asia real estate and outbound investment news
A market analysis report released this month by international real estate advisor Savills, predicts that Chinese investors will increase their share of global cross border hotel acquisitions from the current level of 4% to 10% by 2017.
The report predicts… Read More>>
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.
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>>
China Investment Corporation (CIC) is set to buy a London office project from Blackstone for more than US$1.28 billion (GBP 800 million) according to a report in the Financial Times.
CIC was first said to be in talks about acquiring… Read More>>
Following through on a deal originally announced in June, Chinese real estate developer Dalian Wanda last week completed the acquisition of the One Nine Elms project for more than US1.1 billion from the UK’s Green Property.
According to an announcement… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Southern Europe’s cash-strapped governments are courting wealthy Chinese homebuyers, seeking to bolster their… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Construction has started on the Shanghai Bund International Financial Centre in China. When… Read More>>
