Asia real estate and outbound investment news
Asia’s largest real estate investment trust has returned to its retail roots as Link REIT announced today that it has agreed to buy a half-stake in a suburban Shanghai shopping mall for RMB 2.77 billion ($429 million).
Link REIT’s choice… Read More>>
Shui On Land spent RMB 2.1 billion ($290 million) buying four parcels of land in Shanghai in just three days last week, as the developer assembles the pieces for an urban redevelopment project which it hopes will rival the success… Read More>>
China Evergrande, the country’s second-biggest developer by sales, is reported to have taken over a stalled RMB 13 billion ($2 billion) commercial project near the Shanghai Hongqiao International Airport.
Evergrande is now the owner of the project, Hongyuan Shengshi International… Read More>>
A few years ago, the major urban initiative in Shanghai was the Hongqiao transportation hub, a new geographic nexus on the city’s western edge that brought together high speed rail, a new domestic airport, and local metro lines to form… Read More>>
