Asia Pacific real estate investment news and information
Hong Kong saw a 33 percent plunge in the number of private residential units that started construction last year, falling from 25,500 in 2016 to 17,000, according to figures from the city’s Transport and Housing Bureau.
Although the decline may… Read More>>
Dalian Wanda Group saw its revenue tumble by nearly 11 percent last year as the Chinese conglomerate retreated from its global investment and diversification drive to focus on its core property business.
The group’s operating revenues for 2017 dropped 10.8%… Read More>>
Chinese conglomerate HNA has faced a barrage of bad news lately, as four of its mainland-listed companies halted trading and the once super-buyer has now turned high-interest borrower.
There was at least a ray of sunshine for the airlines to… Read More>>
British property developer Chelsfield is said to be buying the ground floor of The Galleria, a shopping centre in Hong Kong’s Central commercial hub, from French luxury brand Hermès for HK$900 million ($115 million), according to a local media report.
A high floor of Hong Kong’s Far East Finance Centre in Admiralty has sold for HK$568 million ($72.6 million) to local developer Circle Property Development, according to media reports.
The 41-storey grade A office building is situated on the eastern… Read More>>
Singapore’s sovereign wealth fund GIC is joining US private equity pioneer KKR and other global investors to take a $1.75 billion stake in India’s largest mortgage lender, as the South Asian nation gears up for a housing boom.
Mumbai-based Housing… Read More>>
China’s HNA Group is in talks with leading Hong Kong developer Sun Hung Kai Properties for a loan to refinance its repayment liabilities in connection with its residential mega-project in the city’s Kai Tak area, according to a media report.
Tycoon Payson Cha’s Hanison Construction Holdings has picked up a block of serviced apartments in Hong Kong’s Sheung Wan neighbourhood for HK$506 million ($64.7 million), according to a report in the Hong Kong Economic Times. The purchase of the building just… Read More>>
The destruction of a steel gate by angry homeowners in a Beijing compound has sparked an online debate about housing rights in the nation’s capital, and created a new headache for one of China’s largest developers.
The hated gate separated… Read More>>
Hong Kong-based private equity real estate fund manager Gaw Capital Partners has raised another $50 million for its Gaw US Fund III commingled fund, according to a report in West Coast property news site The Registry citing a board meeting… Read More>>
