At the top of today’s news, after government authorities hung a few developer skins on the wall the country’s clampdown on outbound real estate deals seems to have had an impact. Meanwhile Wang Jianlin has high hopes for the penthouse… Read More>>
S&P Cuts Wanda Credit Rating to Junk and More Asia Real Estate Headlines
Credit is at the top of the news today as China’s top commercial developer has its paper downgraded to junk status, while Moody’s makes reassuring noises about some of the mainland’s other leading developers, despite a housing slowdown. Further south,… Read More>>
Mainland Builder Sells HK Site to Wang On and More Asia Real Estate Headlines
Chinese developers may be snapping up all of Hong Kong’s residential land on the market this year, but one mainland builder under financial pressure is exiting an investment in the city, as it sells a housing site in Ma On… Read More>>
Perennial Puts Gucci SG HQ on the Market for S$31M and More Asia Real Estate Headlines
Singapore’s commercial market continues to show signs of life this month as one of the country’s biggest real estate investment companies puts a CBD office space up for sale. Also in the headlines, Li Ka-shing is still clarifying his succession… Read More>>
Blackstone Closes on $449M Sale of Seaworld Stake and more Asia Real Estate Headlines
Leading the news this morning, proving that there is life after China’s capital controls, the Blackstone Group has brought in nearly half of billion dollars by selling a stake in SeaWorld to a mainland buyer. Some other would-be sellers have… Read More>>
Singapore’s UOL Buys Melbourne Hilton from Host Hotels & Resorts JV for $175 Mil
Singapore-listed real estate conglomerate UOL Group continued to expand its hospitality holdings last week with the announcement of an agreement to purchase the Hilton Melbourne South Wharf hotel in Melbourne, Australia for A$230 million ($175 million).
UOL, which is the… Read More>>
Wanda Adds to Global Cinema Empire with $929M Nordic Deal and More Asia Real Estate Headlines
Wang Jianlin once again leads today’s headlines as China’s richest man indulges his theatre lust with a $929 million deal to buy 68 theatres in the frozen north. And for China’s real estate elite who choose not to buy Scandinavian… Read More>>
Mystery Buyer Of Asia’s Most Expensive Apartment Revealed and More Asia Real Estate Headlines
Wednesday is here and so too is another round of Asia’s top real estate headlines. Today sees the buyer of Asia’s most expensive unmasked while China Overseas Land and Dalian Wanda are dealing with unforeseen setbacks. Also in the news,… Read More>>
GIC Invests in 2nd European Student Housing Deal This Week and More Asia Real Estate Headlines
Singapore’s sovereign wealth fund heads to Europe for the second time this week to pick up an additional portfolio of student housing with student accommodation specialist GSA, while Kerry Properties shows its confidence in the Hong Kong market with a… Read More>>
Vancouver Home Sales Fall 33% After Tax on Foreigners and More Asia Real Estate Headlines
Leading the real estate market news today, home purchases in Vancouver fell by 33 percent last month after the government began taxing foreign home buyers, but the impact of a similar 15 tariff on non-residents of Hong Kong seems to… Read More>>
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