Asia Pacific real estate investment news and information
Chinese real estate developer Gemdale Properties & Investment has made its fourth major investment in the US over the last 12 months, and its first in New York, as the Shenzhen-based firm continues to expand its North American footprint.
The… Read More>>
Hong Kong Monetary Authority, the city’s de facto central bank, has become the latest Asian investor to jump into the New York market after investing $1.15 billion to acquire a 49 percent stake in an office tower in at 1095… Read More>>
Shanghai Municipal Investment (SMI), the developer of the 128-storey Shanghai Tower, is said to be partnering with New York’s Extell Development on a $2.98 billion project in Manhattan.
Documents filed in Delaware, and reported by The Real Deal, indicate that… Read More>>
NYSE-listed Xinyuan Real Estate has purchased a theatre in Queens, New York from JK Equities LLC for $66 million, as the mainland Chinese developer prepares to build its third condo project in New York City.
Xinyuan, which in 2012 was… Read More>>
One of China’s biggest cross-border real estate investors picked up a 41 percent stake in a residential project to renovate New York’s Park Lane Hotel last week, adding to a portfolio that now covers London, Toronto, Los Angeles, Sydney and… Read More>>
One of China’s state-backed “bad asset banks” paid $216 million last week for a 49 percent stake in a historic New York skyscraper, as Chinese investors continue to acquire New York properties.
China Orient Asset Management (International), a Hong Kong-based… Read More>>
In the last week of February, China Vanke announced its latest victory in a quest to expand in the US market, the $116 million purchase of a vacant nursing home in Manhattan for conversion into 100 luxury condominiums.
However, February’s… Read More>>
Politicians pushing to reform America’s EB-5 visas may have been handed some extra ammunition this month when the builder of the World Trade Center in lower Manhattan revealed that it was seeking to raise $500 million for the latest phase… Read More>>
China Vanke, the mainland’s second-largest developer by sales has entered into two new projects in New York – both in Brooklyn – as the Shenzhen-based company famous for building homes for China’s middle class continues to expand its global portfolio.
Chinese has already become famous for its wealthy buyers of overseas homes, and now one of its most famous billionaires has purchased a 28,100 acre (11,371 hectare) estate in New York that formerly belonged to the Rockefeller family.
Jack Ma,… Read More>>
