Asia Pacific real estate investment news and information
Individual Chinese citizens could soon be allowed to invest as much as $1 million to $2 million overseas without regulatory approval, according to a statement by a deputy governor of the country’s central bank over the weekend.
The relaxation on… Read More>>
The Crown Estate, which manages the Queen of England’s real estate assets, announced late last week that it had joined with an investment-arm of the Chinese government to buy a shopping centre in the UK for £345.5 million ($576.76 million).
According to reports in the Wall Street Journal and the official China Daily, China’s government has made an investment of more than US$500 million into Blackstone Real Estate Partners VII, a private equity fund active in in commercial real estate.
While there… Read More>>
