Asia real estate and outbound investment news
LaSalle Investment Management has broken ground on five new logistics developments that will deliver 359,000 square metres of new warehouse space to China by July next year, according to an announcement by the company.
The set of high-spec sheds will… Read More>>
Singapore-listed Yanlord Land Group has shouldered aside bids from a trio of mainland rivals to win a residential parcel in Shanghai’s Jing’an district for RMB 3.4 billion ($490 million) according to a notice from the Shanghai Land Bureau.
The developer… Read More>>
Commercial real estate investment in Asia Pacific reached $45 billion during the first three months of the year, setting a new first quarter high, according to a new report released by property consultant JLL.
Transactions in China drove the spike,… Read More>>
Just one month after reaching a $391 million first-close on its maiden discretionary equity investment fund, Singapore’s CapitaLand has seeded CapitaLand Asia Partners I (CAP I) with a pair of Shanghai office assets, according to an announcement by the company… Read More>>
Victor Li’s CK Asset Holdings is exploring the sale of its majority ownership in its last large-scale mixed-use development in Shanghai for up to RMB 20 billion ($2.9 billion), according to an account by Bloomberg.
Should the Hong Kong-based developer… Read More>>
Singapore-listed City Developments Ltd today announced RMB 6.7 billion ($974 million) in new investments in mainland China, including plans to take a 24 percent stake in mainland developer Sincere Property Group, and the acquisition of a Shanghai commercial asset from… Read More>>
Just three months after buying a 50 percent stake in a site in Shanghai’s Huangpu district from financially troubled China Minsheng Investment Group, state-backed Greenland Group has unveiled plans for a relaunch of what it says is a RMB 100… Read More>>
Hong Kong’s Nan Fung International Holdings has won the rights to a commercial plot in Shanghai’s Changning district after the developer agreed to pay RMB 2.4 billion ($352 million) to purchase the site at a government land auction this past… Read More>>
Trade wars may be jarring financial markets in Hong Kong and mainland China this week, but the market for mainland developer debt appears to be improving, with one of the major international ratings agencies predicting happier financial times ahead.
In… Read More>>
Guangzhou-based Poly Developments and Holdings, formerly known as Poly Property Group, has won a Shanghai residential site for RMB 4.179 billion ($621 million) at a government auction, according to an announcement by the Shanghai Land Exchange.
The winning bid by… Read More>>
