As China clamps down on cross-border capital flows, sovereign wealth fund China Investment Corporation (CIC) has re-emerged this year as the country’s champion of overseas real estate investment. CIC now dominates the roster of mainland buyers of income-producing properties, with… Read More>>
Hong Kongers Now Spend 67% of Income on Mortgages and More Asia Real Estate Headlines
At the top of today’s news, the world’s least affordable housing market worsened in Q2, with Hong Kong denizens now spending two-thirds of their incomes on mortgages. The city’s housing misery may be creating an opportunity for co-living entrepreneurs, as… Read More>>
China Spends $16.5B on US Commercial Real Estate in 12 Months to Claim Top Investor Spot
China surpassed Canada as the top investor in US commercial real estate in the 12 months ending March 31st – pouring over $16.5 billion into properties in the world’s largest economy, according to a recent report.
At $60.9 billion, overall… Read More>>
Blackstone and Sime Darby Selling Singapore’s Sime Darby Centre to Tuan Sing for $260M
Singaporean property developer Tuan Sing Holdings has agreed to purchase the Sime Darby Centre commercial building from Stephen Schwarzman’s Blackstone and Malaysia’s Sime Darby Group for S$365 million ($260 million), according to a statement from Tuan Sing to the Singapore… Read More>>
China Turns to Witchhunt to Burst Bubble and More Asia Real Estate Headlines
Donald Trump got himself elected president by conjuring up wetbacks under the bed, so why can’t China solve its housing bubble by blaming rumour-mongering agents and developers? Trump-inspired or not, the Chinese government is cracking down on developers and property… Read More>>
JLL Wins 2015 APAC Investment Brokering Title with $16.6B in Deals
Competition for real estate assets in Asia Pacific heated up in 2015, with a surge of major transactions in Greater China and around the region. And one of the major beneficiaries of this boom was property brokerage JLL, which advised… Read More>>
Chinese Investors Bought US$4.14B in European Real Estate in 2013
Mainland investments in the European property market tripled last year, with Britain and Germany as the top destinations, and the momentum is likely to continue this year.
Insurers, developers and wealthy individuals have joined China’s sovereign wealth fund in seeking to diversify their assets outside Asia…
21 Officials Punished in Real Estate Sex Scandal – and more of Today’s China Real Estate Links | May 9, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
China’s ruling Communist Party has punished 21 officials over a scandal in which… Read More>>