Asia Pacific real estate investment news and information
Tencent, which produces the country’s wildly popular WeChat mobile app, is upping its stake in a shopping mall developer, as the Internet giant seeks to integrate its online payment system with offline retailers.
In a statement to the Hong Kong… Read More>>
The companies belonging to three of China’s richest men are joining forces to form a new RMB 5 billion ($814 million) online shopping platform as Dalian Wanda, Tencent and Baidu are reported to be ready to sign a deal as… Read More>>
New York Stock Exchange-listed Soufun (NYSE:SFUN) is the leading residential real estate portal in China and made $637.38 million last year, mostly from helping Chinese real estate developers and agents market properties through banner advertising on the site’s home page.
Late last week and into the weekend there were a number of breaking news stories, including China’s bad asset bank Cinda picking up two plots of land in Shanghai, China Resources Holdings upping its stake in developer China Vanke, and… Read More>>
While the growth of tech firms in the US has led to university-sized suburban campuses such as Apple’s headquarters in Cupertino, California and the Googleplex in Mountain View, China’s more crowded conditions and urban lifestyle is leading its Internet firms… Read More>>
China’s tech industry has been growing at double-digit rates for many years now, and the expansion of the country’s technology giants has started to have an impact on the office real estate market.
Examining the effect of the industry on Beijing’s Zhongguancun, a centre for high-tech firms, the Wall Street Journal finds that,
China’s real estate companies have captured major headlines for expanding geographically into global real estate markets, and now the country’s biggest developer, China Vanke, is expanding into the finance sector with a $442 million investment into a bank IPO.
Last… Read More>>
