Asia Pacific real estate investment news and information
The credit problems facing Kaisa Group continue to deepen as it was revealed today that at least three financial institutions, including Chinese state-owned banks, are suing the troubled real estate developer and seek to seize the company’s projects.
According to… Read More>>
The chairman of Kaisa Group Holdings, Kwok Ying-shing, resigned from his posts with the China real estate developer after government actions and questions about the company’s viability caused its shares to slide more than 34 percent in the last few… Read More>>
Shares in Kaisa Group Holdings are down by more than nine percent after the company revealed that the Shenzhen government had frozen sales at three of its projects and the company’s largest shareholders scaled back their stake in the Chinese real estate… Read More>>
While sales may be down at some of China’s luxury retail palaces, a developer of “wholesale malls” backed by one of the country’s biggest Internet companies has big plans for expansion.
Hong Kong-listed China South City Holdings, which builds and… Read More>>
Ground was broken recently on a 95,000 square metre crimson cultural centre in Shenzhen designed by Dutch architecture firm Mecanoo and developed by the local government in team with China Vanke.
The Three Cultural Centers & One Book Mall… Read More>>
Real estate services agency Cushman & Wakefield continued to expand its China team this week with announcements of new leadership for its research department in Shenzhen and Guangzhou.
The US-based consultancy said in a statement that Cary Sheih has joined… Read More>>
New York is cheaper than Beijing and London’s a better bargain than Shanghai, but at least Hong Kong is cheaper than Luanda, Angola.
A report on the cost of living in major cities around the world shows that Hong Kong, Singapore,… Read More>>
Non-profit real estate research organisation Urban Land Institute (ULI) has just polled its members on what cities are best for property investment, and despite high prices and scarce land, Shanghai has come out on top for the second year in… Read More>>
With the easy profits of China’s housing boom dwindling into memory, the country’s biggest homebuilder by sales is turning to the already crowded retail real estate sector for profits.
However, China Vanke seems to have learned some lessons from competing… Read More>>
The fastest appreciating office space in mainland China sits just across the border from Hong Kong in Shenzhen, where average office rentals increased 17.4 percent in the first quarter, compared to the same period last year.
According to a recent… Read More>>
