Asia real estate and outbound investment news
Shenzhen auctioned off five residential land parcels to a pack of 80 project-hungry developers on Monday, bringing in a total of RMB 22.4 billion ($3.2 billion) for southern China’s top tech hub.
The city’s first residential land sale of 2019… Read More>>
Real estate services leads Mingtiandi’s roundup of headlines from around the region today as agency giant CBRE announces plans to hire 3,000 new staff in India this year, after revenues grew 20 percent last year. In line with the real… Read More>>
Chinese insurers’ $15 billion overseas real estate shopping spree may go on the endangered list, as the country’s insurance regulator reprimanded three major insurers for illicit cross-border investments Saturday. The move is part of the regulator’s efforts in reining in… Read More>>
Housing prices seem to be rising across Asia, and the region’s highest priced market may continue to rise another 10 percent in the new year. Also in the news, London’s best known department story goes under the knife to win… Read More>>
Shanghai-listed Greenland Group is leading a group of four Chinese investors, including a unit of insurance giant Ping An, in acquiring a 42-acre waterfront site in South San Francisco, California to build a $1 billion life sciences complex.
Already one… Read More>>
One week after Anbang abandoned its $14 billion bid for Starwood amidst a storm of speculation and investigation, Ping An Insurance Group took the opportunity to cast itself in a new light: as the anti-Anbang.
In an interview with the… Read More>>
China’s insurance giants continue to show off their hunger for US real estate with Ping An Insurance reportedly preparing a bid for a 209,000 square metre (2.25 million square foot) office complex in the San Francisco bay area.
Ping An,… Read More>>
Cross-border real estate acquisitions by Chinese investors are on a path to reach a record $20 billion in 2015, as mainland insurers go after overseas assets, according to property consultancy JLL.
With trophy deals such as Anbang Insurance’s $1.95 billion… Read More>>
With cross-border real estate investments from China heading past $15 billion per year for the first time in 2015, last week’s PERE Global Investor Forum event in Hong Kong attracted a crew of industry heavyweights to discuss industry trends and… Read More>>
Ping An Insurance Group, one of China’s five largest insurers, this week became the first major Chinese cross-border investor in the logistics real estate market by committing as much as $1 billion to a joint venture warehouse investment platform in… Read More>>
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