Asia Pacific real estate investment news and information
A Japanese buyer has purchased the Ameyoko Center Building in Tokyo from PAG for $53 million as the reopening of Japan’s borders boosts market confidence in the country’s retail and tourism sectors.
The deal for the shopping centre in Tokyo’s… Read More>>
After selling 13 Wanda tourism cities to Sunac China less than two weeks ago, mainland real estate tycoon Wang Jianlin’s Dalian Wanda Group has agreed to build a new Wanda tourism city in the northwestern China city of Lanzhou.
The… Read More>>
Fosun Tourism, a recently spun off unit of Hong Kong-listed Fosun International filed proof of an IPO application with the Hong Kong stock exchange on Monday that revealed the latest step in what the company is said to plan as… Read More>>
Property developer China Jinmao is teaming up with British educational charity Eden Project International to build the world’s highest indoor waterfall in the northeastern city of Qingdao.
Through the deal, Shanghai-based China Jinmao will help the UK foundation set up… Read More>>
Dalian Wanda Group says it will invest RMB 63 billion ($9.45 billion) to build a tourism and sports complex in Jinan, a gritty industrial city of just over 7 million people in northern China’s Shandong province. The combination theme park,… Read More>>
Tourists in mainland China will now be able to explore Fantasyland, get photographed with Mickey Mouse and ride Dumbo the Flying Elephant at the new Shanghai Disney Resort, which has its grand opening this week. Visitors are already reporting massive… Read More>>
As China’s housing boom fades the country’s real estate investors appear to be shifting to tourism, as “destination” provinces now lead the nation for property investment’s contribution to their economies.
In Hainan, which is the only tropical island province in… Read More>>
Fosun International Ltd, the closely held Chinese conglomerate which owns Club Med, plans to build a 7-star resort hotel near Shanghai’s Disneyland.
According to a report in the official People’s Daily, Fosun CEO Liang Xinjun indicated that the group would build it’s second Atlantis Hotel near the as yet incomplete Disney project. “They (Atlantis executives) are really interested in building it near Disneyland,” Liang commented.
