Christmas is coming soon and one of these days Mingtiandi might even take a break. Until that happens, we’ve been busy tracking down some familar faces in new places, including a Canadian now sweating it out in sunny Singapore, a… Read More>>
Poly Real Estate Eyes More Australian Office Investments
Poly Australia, Shanghai-listed Poly Real Estate’s Australian arm, is looking for A-grade office investments in Melbourne’s CBD, according to The Australian. The news comes less than two months after the developer purchased a pair of buildings near Sydney’s Circular Quay… Read More>>
Purchase Restrictions Cool Down China Home Prices and More Asia Real Estate Headlines
Fewer mainland cities saw housing prices rise in June as home purchase restrictions spread into second tier cities. In Hong Kong, the office market may be headed down on sliding demand, while Shanghai’s housing market could face a shortage of… Read More>>
Asian Investors Seen Shopping for Brexit Bargains and More Asia Real Estate Headlines
Half a dozen UK property funds have already suspended trading, but for some Asian investors the Brexit crisis is bargain hunting time, according to a recent report. Plus, officials in Beijing are getting just as tired of the Vanke custody… Read More>>
China Poly Partnering with Aussie Developer in Bid for $755M Sydney Project
China Poly Group is set to dive deeper into the Australian market through a joint bid with local homebuilder Billbergia for a A$1 billion ($755 million) Sydney residential project.
The state-run developer’s joint proposal with Billbergia sees the transnational team… Read More>>
Shanghai Housing Sales Rise 78% in One Week and More China Real Estate Headlines 2016-03-08
China’s recent moves to lower interest rates and cut taxes on home sales have been aimed at reviving the real estate market in lower tier cities, but mostly appear to be pumping up a housing bubble in Shanghai and Shenzhen…. Read More>>
15 Out of China’s Fifty Top Developers Lost Money in 2015
China’s government has made reviving investment in the property sector a top target for 2016, but Xi Jinping and friends may have a tough year ahead of them after nearly a third of the country’s top developers lost money in… Read More>>
Savills IM Plans New $1B Asia Fund and More China Real Estate Headlines 2016-01-24
Savills Investment Management continues to ramp up its activities with a billion dollar Asia fund, while one Chinese mega-developer sees profit growth slow to just 1.18% in 2015 as another gets ready to sell apartments on its own Malaysian island…. Read More>>
China’s Poly Group Buys London Office Block from ADIA for $209M
China’s Poly Real Estate Group has become the latest mainland developer to enter the UK market after confirming this week that it has purchased 5 Fleet Place in London for £145m ($208.6M).
The acquisition from sovereign wealth fund Abu Dhabi… Read More>>
Market Drop Sends Property Shares Down Over 7%
China’s stock market started off 2016 with a sharp slide that triggered new market control mechanisms, and a sudden reversal in property shares helped lead the way down.
Major mainland-listed developers including Greenland Group, Poly Real Estate and Gemdale all… Read More>>
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