The managers of a pair of Frasers Property-sponsored real estate investment trusts have agreed to the terms of a merger, which if approved by their unit holders, will result in a single REIT with a portfolio valued at S$5.7 billion… Read More>>
China’s largest property developer is branching out into online finance in a move that could potentially give the state-owned firm one of the most modern financing systems in the world.
On Thursday, Greenland Hong Kong Holdings, a subsidiary of the… Read More>>
The real estate billionaire behind a Shanghai shopping mall and hotel plans to buy up the majority of an upcoming Singapore REIT offering as China’s property developers continue to look for ways to invest their wealth overseas.
According to a… Read More>>
A REIT controlled by Hong Kong’s richest man, Li Ka-shing is bucking a Hong Kong government proposal that would widen the scope of activity for real estate investment trusts listed on the Hong Kong stock exchange.
Justin Chiu Kwok-hung, who heads Fortune REIT, a trust operated by Li’s Cheung Kong Holdings has stated that the proposal, which would allow REITs to engage in new project development may present too much risk.
Here is a list of the day’s latest China real estate news collected from around the web:
Singapore-based shopping centre developer CapitaMalls Asia said on Wednesday it would spend 2.3 billion… Read More>>