Asia real estate and outbound investment news
US-based real estate services team Cushman & Wakefield announced today the appointment of Sara Gougarty to the position of Director, Retail Tenant Representation, China. Sara joined the company in February, and will be based in Shanghai.
According to a statement… Read More>>
A little-known Hong Kong company has agreed to invest US$1.9 billion to turn around a stalled Dubai property project, and sell off pieces of it to Chinese investors.
At the same time, the Dubai-based firm that lacked the funds to… Read More>>
China recorded its 20th straight month of housing price increases in January, but growth rates have begun to slow, and new measures may be stifling sales, according to recent market reports.
The China Index Academy, which is part of real estate… 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>>
Only two days after China’s government announced a new free trade zone in Guangdong province, a US real estate developer paid a record RMB 13.4 billion (US$2.21 billion) for a site in Shenzhen.
The land acquisition by Silverstein Properties, which… Read More>>
CapitaLand China, a subsidiary of Singapore’s largest real estate developer announced recently that it had acquired a residential site in the port city of Ningbo in eastern China’s Zhejiang province for S$232 million (US$181.45 million).
The 57,370 square metre site in the Sunjia area of the city’s Jiangbei district was acquired through a government land auction, and CapitaLand said in a statement that it intends to develop approximately 1,100 homes on the property.
Dalian Wanda, the property developer headed by China’s richest man, plans to invest up to 3 billion pounds ($5 billion) in regeneration projects in Britain, Britain’s prime minister said on Friday.
Prime Minister David Cameron unveiled the investment after meeting Dalian Wanda’s chairman Wang Jianlin in Davos this week. It comes after Cameron led the largest-ever British mission to China last December that involved about 100 business people.
You may have noticed that this week in the feature story on the new Capitaland project in Ningbo, Mingtiandi included an embedded Google Map showing where the property is (and if you’re not familiar with China, where Ningbo is).
Adding… Read More>>
One of the great things about being a foreigner in China, is that I get to double-up on holidays!
So my apologies for taking some time off again so soon after the Christmas break, but it’s now time for Mingtiandi… Read More>>
A design by Washington DC-based architect Liu Xiang has been selected for a new commercial real estate development in the city of Shaoxing in China’s Zhejiang province.
The architect believes that the design for the 160,000 square metre cultural centre… Read More>>
