Asia real estate and outbound investment news
Despite more space being leased in recent months, Grade A office rents in Shanghai continued their downward slide in the second quarter of 2020, according to recent reports by property agencies covering the city.
Following a lockdown that kept most… 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>>
Hong Kong’s housing market is rebounding but so is the coronavirus, leading to competing recovery stories at the top of Asia’s real estate headlines today.
A flare-up of the coronavirus has led to the shutdown of Hong Kong Disneyland, yet… Read More>>
Beijing’s Sino-Ocean Capital recently completed an acquisition of an office building in Shanghai’s Xuhui district, closing on the purchase of the H88 Yuehong Plaza despite delays caused by the pandemic and weakening demand for commercial space in the city.
The… Read More>>
Knight Frank has hired former CBRE business park specialist Jonathan Rideout as head of office services for the company’s Shanghai office, according to a company press release.
“I am delighted to be joining Knight Frank and look forward to working… Read More>>
Colliers International announced recently that it had assisted Shanghai’s Great Wall Real Estate Group in the sale of the city’s Great Wall Financial Building, marking the largest single-buyer transaction involving a foreign institution in China’s commercial capital this year.
The… Read More>>
Selling face cream is not the usual path to owning large commercial buildings but, with some help from WeChat, a Chinese beauty products brand controlled a by a celebrity couple just purchased a Pudong office block for RMB 1.76 billion… Read More>>
Chongbang Group has closed the $120 million acquisition of a suburban site in northwestern Shanghai as it readies the second phase of the company’s retail-anchored [email protected] project, Mingtiandi can reveal.
The Shanghai-based commercial developer led by one-time Shui On Land… Read More>>
A joint venture between Greenland Group and the Shanghai government has agreed to sell one of the commercial towers in its RMB 100 billion ($14 billion) Greenland Bund Centre to Bank of Shanghai, just five months after Haitong Securities purchased… Read More>>
A fund managed by Phoenix Property Investors has been forced to restructure the capital structure for a commercial project in Shanghai’s Jing An district, according to an announcement to the Hong Kong stock exchange today as the COVID-19 crisis disrupts… Read More>>
