Asia Pacific real estate investment news and information
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Chinese Buying 70% of High-End Vancouver Homes
Buyers from China “dominate” the luxury segment of Vancouver’s red-hot housing market, according to… Read More>>
Chinese property developer Dahua Group doubled down on Australian real estate this month when it acquired its second development site down under within 30 days.
The Shanghai-based real estate company this past week bought a residential site in suburban Melbourne… Read More>>
A surge in Australian home purchases by Chinese buyers has led Credit Suisse to predict that mainland investors will put A$60 billion ($47.6 billion) into housing down under over the next six years.
The projection is a major upward revision… Read More>>
Chinese real estate investment has spread from banks and sovereign wealth funds which bought trophy assets in the world’s biggest markets, to property developers looking for project opportunities in the world’s gateway cities.
Now according to a recently released report,… Read More>>
China’s hunger for overseas real estate is pushing Australian home prices to record levels as the wealthy Chinese look for alternatives to increasingly unstable markets at home.
According to a recent report from property information provider RP Data and Rismark,… Read More>>
A privately owned Hong Kong real estate developer added to the flood of Chinese money into Australia this week by picking up the Melbourne Park Hyatt Hotel for a reported A$135 million (US$119.78 million).
The five star hotel is located near Melbourne’s Parliament House at 1 St Andrews Place and was developed in 1999 by Lustig & Moar at a cost of $150 million. The sale involves both the 240 room Park Hyatt hotel and an adjoining commercial car park.
While developers such as Fosun and Greenland have grabbed the biggest headlines in recent weeks with their billion dollar ventures into US real estate projects, these corporate giants appear to be simply following their customers, rather than blazing a new… Read More>>
Shanghai-based real estate developer Greenland Group kept itself busy over China’s National Day holiday, with the news getting out just two days after the break that it had signed a memorandum of understanding to purchase a pair of sites in… Read More>>
Shanghai-based developer Greenland Group is apparently in talks to purchase a residential site in Melbourne, Australia which has the potential to yield as many as 2000 apartments for resale.
According to a report in the Australian, Greenland head Sherwood Luo… Read More>>
