Asia real estate and outbound investment news
Shanghai Zendai Property has completed the sale of most of the developer’s stake in a collection of properties and development sites in Jiangsu province for RMB 225 million ($32.3 million).
The completion took place Tuesday, Zendai said in a filing… Read More>>
In today’s roundup of regional news headlines, data centre operator BDx launches its campus in Nanjing, Singapore’s Keppel floats a novel concept for urban development, and Hong Kong retail landlords contemplate rent hikes as the economy recovers.
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PGIM Real Estate on Wednesday announced a pair of logistics real estate investments in China that see it spending $323 million to acquire warehouse projects from Warburg Pincus-backed developer New Ease.
The real estate arm of fund manager PGIM, a… Read More>>
In our latest roundup of regional news headlines, Hong Kong’s K Wah spearheads a development surge in the Yangtze River Delta, a Singapore logistics trust becomes the latest recipient of green financing, and the board of India’s Embassy Office Parks… Read More>>
Hong Kong-listed developer Shui On Land Ltd and the UK’s family held Grosvenor Group have agreed to form a 50:50 joint venture to purchase the Nanjing International Financial Center office tower for RMB 1.62 billion ($250 million), according to an… Read More>>
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>>
China Fortune Land Development (CFLD) has announced to the Shanghai Stock Exchange that it will accept debt financing of up to RMB 6 billion ($870 million) from Ping An Asset Management, the second-largest shareholder in the developer and a unit… Read More>>
Wanda Group has announced that it is opening 17 new Wanda Plaza shopping centres in the last five weeks of this year, accounting for 34.7 percent of the company’s total new mall openings for 2018.
The surge of new debuts… Read More>>
Hongkong Land, known for being the biggest landlord in Hong Kong’s Central district, on August 10th bought a new residential site in Nanjing’s Jiangbei District for RMB 4.49 billion ($652 million), as the Hong Kong developer continues to take on… Read More>>
The city of Nanjing is undertaking a $2 billion project to rebuild a three-kilometre stretch of riverfront which has long been home to an array of decaying factories and workshops, into a new urban district providing homes, workplaces and centres… Read More>>
