Asia real estate and outbound investment news
Hong Kong Resorts International has made a successful bid of RMB 830.4 million ($130.3 million) for a residential plot in Shanghai’s southwestern suburbs, as the developer continues to seek expansion opportunities in the mainland’s Yangtze River Delta region.
HKRI’s latest… Read More>>
Tishman Speyer is once again making moves in its favourite Asian megacity, with the US developer today announcing that it had successfully led a RMB 5.09 billion ($800 million) purchase of a plot in Shanghai’s Changning district for a future… Read More>>
Hong Kong-listed developer Kerry Properties has teamed up with the real estate arm of Singapore sovereign wealth fund GIC to purchase a piece of Shanghai land designated for a retail-led mixed-use development.
Kerry announced Wednesday that it had won a… Read More>>
China Evergrande has added to its project pipeline in Shanghai, with the top mainland developer winning a government land auction of a Hongkou district site this past week.
The Shenzhen-based builder outbid state-run giant China Poly Real Estate to win… Read More>>
Shenzhen-based Logan Group won a residential plot in Shanghai’s Yangpu District at a recent government land auction with a bid of RMB 2.381 billion ($340.7 million), marking the developer’s first foothold in China’s commercial capital.
Known until recently as Logan… Read More>>
A little-known mainland developer has braved the economic uncertainty caused by the COVID-19 pandemic to buy a commercial site in central Shanghai’s Jing An district for RMB 6 billion ($850 million), according to a government announcement.
Lanhai Holdings Group, which… Read More>>
Shanghai authorities have detained executives at China Resources Land and China Overseas Land & Investment (COLI), after a government auction for a prime slice of residential land in Hongkou district aroused suspicion when all bids came in at the publicly… Read More>>
In the midst of one China’s most acute economic setbacks in the last two decades, the biggest landlord in Hong Kong’s Central district has agreed to pay a record RMB 31.05 billion ($4.48 billion) for a development site in Shanghai’s… Read More>>
A mixed-use site in Shanghai’s Xuhui district has been offered for sale with an estimated price tag of more than RMB 30 billion ($4.3 billion), as the municipal government strives to build a 1.8 million square metre (19.4 million… Read More>>
A trio of state-owned developers has agreed to pay RMB 4.6 billion ($650 million) for a land parcel in Shanghai’s Yangpu district that is earmarked for up to 147,000 square metres of office and research and development space.
The 36,800… Read More>>
