Asia Pacific real estate investment news and information
Shimao Property, one of China’s largest real estate developers, is reportedly in the advanced stages of acquiring an office block in downtown Sydney, Australia for development of a new residential project valued at A$1 billion ($914 million).
The acquisition, which… Read More>>
China’s hunger for overseas real estate is pushing Australian home prices to record levels as the wealthy Chinese look for alternatives to increasingly unstable markets at home.
According to a recent report from property information provider RP Data and Rismark,… Read More>>
Australia’s biggest developer of apartments is considering an offer to sell half of its business to an unnamed Chinese real estate company for A$3 billion (US$2.8 billion) according to a recent media report.
Sydney-based Meriton Group received the offer during… Read More>>
Greenland Group announced recently that it has acquired two more parcels of land in Sydney, Australia as China’s most aggressive international real estate investor brought its basket of major overseas projects purchased this year to six.
The Shanghai-based property developer… Read More>>
An Australian real estate agency is trying to attract Chinese home buyers by allowing them to make their down payments with the popular bitcoin virtual currency.
According to a story this week in The Australian, Forsyth Real Estate, a 115… Read More>>
Chinese buyers are expected to purchase US$39.54 billion worth of Australian residential property over the next seven years, according to a report released today by Credit Suisse.
The investment bank estimates that 12 per cent of all new housing purchases… Read More>>
Chinese property developer, Country Garden added to the flood of Chinese investment headed overseas by purchasing a development site in Sydney for AU$73 million (US$65.76 million). The acquisition is Country’s Garden’s first in the Australian market.
The purchase of the… Read More>>
The overseas expansion of China’s real estate companies showed some promising return on investment this weekend when a project belonging to Greenland Group sold RMB1.5 billion (US$246 million) in Sydney homes.
The Shanghai-based developer launched sales of its first Australian… Read More>>
Now that the Singapore and Hong Kong markets have been picked clean by Chinese investors, Asia’s new rich are moving into Australian homes, according to a recent report.
McGrath Estate Agents of Australia expects the price of housing in Sydney… Read More>>
