Asia Pacific real estate investment news and information
A Shanghai government developer has agreed to pay RMB 7.14 billion ($1.02 billion) for a site in the city’s Pudong district, where it will build a mixed-use commercial and residential complex featuring a 320-metre (1,050-foot) supertall tower.
Shanghai Zhangjiang High… Read More>>
Greystar Real Estate Partners is gearing up to launch its first rental property in Shanghai, just nine months after the company reached a first close of $450 million on its Asia Pacific rental housing fund.
The US-based real estate fund… Read More>>
Madam Tussauds owner Merlin Entertainments plans to open a Legoland resort in Shanghai to cash in on the rising family tourism market in China, according to a statement this week by the company, which is in the process of… Read More>>
Hong Kong-listed Shui On Land agreed to pay a combined RMB 5.74 billion ($820 million) for a pair of Shanghai development sites last week, picking up one each on Thursday and on Friday.
The two new sites include a 15,258… Read More>>
Soho China is said to be looking to sell a RMB 61 billion ($8.6 billion) portfolio of commercial properties in Beijing and Shanghai, with potential buyers including Blackstone and Singapore sovereign wealth fund GIC.
The portfolio is said to consist… Read More>>
Knight Frank has hired former Sunac and CBRE executive Danny Zheng as director of capital markets for Shanghai, according to a company announcement.
In his new role as a director with the UK-based firm, Zheng will be working with Knight… Read More>>
Just over one year after forming a joint venture with GIC to acquire and manage value-add commercial real estate assets in mainland China, investor and fund manager Hong Kong Shanghai Alliance (HKSHA) is close to completing its first project under… Read More>>
Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial property in Shanghai’s Zhangjiang High Tech Park for RMB 493 million ($69.23 million), according to an announcement by the Singapore-listed developer on Friday.
Sunac China Holdings has won a residential plot in Shanghai’s suburban Qingpu district, agreeing to pay the city government a total of RMB 3.09 billion ($430 million) for the site, according to an announcement by the Shanghai Land Exchange.
The… Read More>>
State-backed Greenland Group said it has taken full ownership of a suburban Shanghai shopping centre after paying RMB 2.35 billion ($33 million) to buy out its partner in the project.
Greenland Group acquired the 50 percent stake in that it… Read More>>
