Asia real estate and outbound investment news
The Mandarin Oriental Hotel group has begun to receive offers for the Excelsior Hotel in Hong Kong’s Causeway Bay, with at least five bids reportedly valuing the four-star waterfront property at HK$30 billion ($3.8 billion).
If the 848-room Excelsior is… Read More>>
Faced with skyrocketing housing prices in 2016, during the first half of this year, China implemented a fresh round of measures aimed at suppressing demand for housing, including a clampdown on financing for the real estate sector, and direct controls… Read More>>
China continues to be a centre for market excitement this week as Anbang Insurance confirms that its chairman is no longer available, on the same day that reports surfaced of Wu Xiaohui’s detention. Also in the news, Chongqing champion CC… Read More>>
Hong Kong’s Kwok family, which controls listed development giant Sun Hung Kai Properties has become the latest Hong Kong investor to bet that Brexit risks are overblown as the billionaire clan’s private investment body has agreed to take a 50… Read More>>
James Packer is one of the world’s best known gamblers, but even Australia’s casino king may have found the odds a bit too long in Macau, according to a story in the Wall Street Journal today. Also in the headlines,… Read More>>
Shanghai’s office market is said to be on its way to surpassing Hong Kong in size by 2020, and the rise in demand for land from developers eager to provide homes for the city’s fast growing finance firms, tech providers… Read More>>
Starting out today’s headlines, one of China’s most aggressive developers is counselling caution as global real estate prices rise. Meanwhile, down in Hong Kong, builders in China’s priciest city are cashing in on the latest buying frenzy with price jumps… Read More>>
Hong Kong’s struggles to tame its housing market have been good news for the city’s biggest homebuilder which saw earnings jump 57 percent in the second half of 2016. Also in the news today, two US private equity giants are… Read More>>
One of China’s most aggressive outbound investors has found a new frontier as Guangzhou R&F reveals plans to set up $3 billion worth of hotels in Cambodia. Also in the news today, the mainland’s currency situation continues to get murkier,… Read More>>
While activists took to the streets to protest Beijing’s move to reinterpret city law and ban two elected officials from retaking their oaths to join the legislature, the Hong Kong government is protesting home prices which rank as the world’s… Read More>>
