Asia Pacific real estate investment news and information
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>>
Fosun Group, China’s largest private investment firm, made its second US property investment last week when it bought a stake in a 47-storey luxury residential project on New York’s Madison Avenue.
For the project, Shanghai-based Fosun is partnering with a… Read More>>
China Vanke has made its third real estate investment in the US, and its first acquisition of a completed project in North America, by purchasing the historic Bush Tower in Manhattan for $125 million.
According to a story in New… Read More>>
Chinese investment in New York real estate jumped 43 percent to reach $3 billion in 2014, but some experts predict the trend will go much higher still.
How much higher? According to Bob Knakal, Cushman & Wakefield’s Chairman of New… Read More>>
China’s insurance companies continued their global shopping spree this week when Sunshine Insurance agreed to buy the still unopened Baccarat Hotel in New York for more than $230 million.
According to sources familiar with the transaction, Sunshine is paying the… Read More>>
China’s most aggressive overseas real estate investor broke ground on a $5 billion development project in New York yesterday and vowed that more deals will be on the way. But not necessarily in more cities.
Shanghai’s Greenland Group joined with… Read More>>
Dalian Wanda, the real estate developer owned by China’s richest man, reportedly has acquired a site in Chicago to develop a $900 million mixed-use residential, hotel and commercial complex.
The development project in Chicago’s Lakeshore East area is the third… Read More>>
China Vanke, the largest real estate developer in the world’s second largest economy announced today that it has broken ground on a new project in New York City with US-based partners Hines and RFR Holdings.
Vanke President Yu Liang took… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
China Construction America Inc (CCA), a wholly owned subsidiary of China… Read More>>
Not content to merely own a chunk of the GM building in New York, SOHO China CEO Zhang Xin bought a Manhattan mansion recently for US$26 million. Other potential buyers looking at the five bedroom, 19th century townhouse included Brad… Read More>>
