Asia real estate and outbound investment news
China’s surge of overseas real estate acquisitions of the past decade continues to reap negative returns for the country’s developers with the merely unprofitable now giving way to a million dollar fine in one Los Angeles case.
A unit of… Read More>>
After last month shepherding its second India office joint venture to a successful IPO Blackstone is assembling a wholly owned commercial property platform in the country, according to a report in the local press today.
Apart from… Read More>>
Four of the biggest Chinese investors in Los Angeles real estate have been named in an FBI investigation of possible bribery, kickbacks, extortion, and money laundering related to property deals in southern California’s largest city, according to a document seen… Read More>>
Leading today’s real estate headlines, a Hong Kong sauce maker may add a pickle-shaped London tower to its portfolio of flavors, as more of the city’s investors shop for Brexit bargains in the UK. Also in the news GLP reports… Read More>>
New York may be the most successful city at attracting Chinese real estate investment, but the progress of developer Shenzhen Hazens Real Estate Group in southern California underlines the appeal of the Golden State for mainland property fans.
Privately owned… Read More>>
Chinese investment in US real estate will hit $15 billion in 2014, and Los Angeles is becoming one of the major beneficiaries as buyers branch out into more cities, according to a recent report.
Los Angeles has already ranked second… Read More>>
China bought another piece of California last week when a Shenzhen-based real estate developer scooped up the Luxe City Center Hotel and two adjacent plots of land near the Staples Center for $105 million.
The 178-room hostelry is the second… Read More>>
