Asia Pacific real estate investment news and information
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>>
State-backed China Enterprise has shouldered aside a pair of competing bids from China Vanke and China Resources Land to win a residential site in Shanghai’s Yangpu district for just over RMB 3.81 billion ($540 million), according to an announcement by… Read More>>
Lujiazui Group, the largest state-owned developer in Shanghai’s Pudong district has agreed to pay RMB 9.1 billion ($1.28 billion) to acquire a mixed-use site in the city’s Zhangjiang High Tech Park, according to an announcement last week by the Shanghai… Read More>>
Real estate consultancy Knight Frank has continued to add to its mainland China team, naming Ying Shin Lee this month as Managing Director of its Shanghai office.
Lee joins the UK-based firm after spending nearly a decade with GE’s global… Read More>>
KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic Bund waterfront, according to people familiar with the matter.
The US private equity pioneer is making the investment through a joint venture that… Read More>>
Dai Zhikang, the founder and legal representative of Shanghai-based property and finance conglomerate Zendai Group, has surrendered to the police after his company was brought under investigation for illegal fund raising with regard to a RMB 10 billion ($1.4 billion)… Read More>>
A unit of Indonesia’s Sinar Mas Group won approval this month to issue China’s largest ever commercial mortgage-backed security (CMBS) based on a single real estate asset, according to a recent announcement by the Shanghai Stock Exchange.
Sinar Mas’ mainland… Read More>>
Guangzhou-based Poly Developments and Holdings has agreed to pay RMB 2.5 billion ($355 million) for a combined residential and commercial site in Shanghai at a government auction, according to an announcement by the Shanghai Land Exchange.
The state-owned developer won… Read More>>
China’s commercial real estate market has been the second-most liquid in the world this year, driven by an increase in both foreign and domestic investment.
Commercial real estate transaction volumes in China hit a record high of US$25 billion in… Read More>>
