Asia real estate and outbound investment news
China’s Sanpower Group is poised to sell a majority stake in troubled UK retailer House of Fraser, less than four years after the Nanjing-based conglomerate bought an 89 percent interest in the department store chain.
Sanpower subsidiary Nanjing Cenbest (Nanjing… Read More>>
Hongkong Land on Wednesday won a tender to develop a plot of commercial land in Nanjing, the capital of eastern China’s Jiangsu province, for RMB 4.8 billion ($745 million). The Hong Kong developer best known for The Landmark complex in… Read More>>
The Guinness Book of World Records doesn’t have an entry for the world’s largest mass divorce, so a group of 320 villagers in Jiangbei township in the city of Nanjing may have just missed an opportunity at gaining their portion… Read More>>
Macau’s gaming industry claims another casualty as a top official at Sheldon Adelson’s troubled Asian outlet hits the road after just four months. Also in the headlines today, Hong Kong developers rush to launch new projects amidst a frothy market,… Read More>>
Singapore-listed Yanlord Land Group has continued its love affair with China’s Yangtze River Delta by acquiring a mixed-use site in Nanjing for RMB 7.84 billion ($1.13 billion) to build an integrated development.
The purchase of the site in the capital… Read More>>
Singapore’s sovereign wealth fund heads to Europe for the second time this week to pick up an additional portfolio of student housing with student accommodation specialist GSA, while Kerry Properties shows its confidence in the Hong Kong market with a… Read More>>
While residents of Nanjing are accustomed to looking up to see Qixia Mountain or to check out the region’s fantastic foliage during the fall, they will need to keep gazing upwards to catch a glimpse of the city’s skyrocketing land… Read More>>
Goodman added another build-to-suit project to its China portfolio this week when the Australian real estate developer announced a deal for a 76,400 square metre facility in Nanjing, to be called Goodman Nanjing Airport Logistics Centre.
The developer announced the acquisition… Read More>>
Non-profit real estate research organisation Urban Land Institute (ULI) has just polled its members on what cities are best for property investment, and despite high prices and scarce land, Shanghai has come out on top for the second year in… Read More>>
Real estate services firm JLL (NYSE: JLL) this week announced the opening of an office in Nanjing, with Kevin Chan appointed as Managing Director. The new office is JLL’s 12th in mainland China and 15th in Greater China.
As the… Read More>>
