Asia Pacific real estate investment news and information
HNA Group’s primary real estate subsidiary, which had overdue credit obligations of RMB 1.3 billion as of 31 December, has been asked by the Shanghai stock exchange to explain apparent financial irregularities regarding its 2018 accounts.
In a notice posted… Read More>>
China Evergrande Group has acquired American in-wheel electric motor company Protean for an undisclosed sum, as China’s second largest property developer by sales ramps up efforts to become a leader in the alternative energy vehicle industry.
The Guangdong-based developer made… Read More>>
After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.
For… Read More>>
Global banking heavyweights such as JP Morgan and Citibank have been fleeing Hong Kong’s Central district for more affordable locations, but the city’s top social spot for finance executives is staying in the commercial hub, even as it nearly triples… Read More>>
Residential transactions are at the forefront of our Hong Kong roundup this week as newly appointed CEO Kuok Khoon Hua’s Kerry Properties makes a record-breaking sale in Kowloon for HK$101,800 per square foot, while the Hong Kong-listed hospitality holding company… Read More>>
The succession plan for one of Asia’s largest conglomerates may have become a bit clearer on Friday when Hong Kong-listed Kerry Properties named Kuok Khoon Hua as its new CEO and Vice Chairman in an announcement to the stock exchange.
Alibaba has made another deal aimed at China’s traditional shopping sector, with the e-commerce giant announcing an investment in China’s largest retailer of furniture and home products, as the tech giant, continues to look for ways to leverage its online… Read More>>
Leasing leads the way in Mingtiandi’s latest list of brokerage wins as Cushman & Wakefield is said to have advised an insurer on its rental of four floors of office space in Hong Kong’s Kowloon East area. The fast-developing commercial… Read More>>
Just three months after buying a 50 percent stake in a site in Shanghai’s Huangpu district from financially troubled China Minsheng Investment Group, state-backed Greenland Group has unveiled plans for a relaunch of what it says is a RMB 100… Read More>>
Frasers Property Limited has appointed Hua Tiong Lim as chief executive officer of its Vietnam subsidiary, according to an announcement by the Singapore-listed developer.
The former China Fortune Land Development International executive will lead Frasers Property Vietnam’s operations in the… Read More>>
