Mainland developer Sunac continued to dominate the headlines today, spending another 4 billion to buy a stake in a competitor, after buying 42 projects from Legend Holdings late last week. Also in the news, China’s largest sovereign wealth fund took… Read More>>
Wharf Says HK Retail Ready to Rebound and More Asia Real Estate Headlines
Luxury sales in Hong Kong are still sliding, but Wharf Holdings, one of the city’s biggest retail landlords sees light at the end of the tunnel. Slightly further north, the rulers of Beijing are counting on moving 15 percent of… Read More>>
Mainland Developers Gorge on “Cheap” HK Sites and More Asia Real Estate Headlines
With land and asset costs rising in China, more mainland developers are moving into Hong Kong, seeing bargains in one of the world’s most expensive real estate markets, according to headlines in the regional media today. Also, one of the… Read More>>
China New Home Price Growth Slows to 1.3% in June and More Asia Real Estate Headlines
China’s 2016 housing boom continued to taper off in June as growth in average home prices slowed again following purchase restrictions in the largest cities. Also, one of the mainland’s biggest developers signs up to invest $5 billion in India,… Read More>>
Merger Reform Could Stoke Outbound Boom and More Greater China Real Estate Headlines
Beijing may be tightening up its capital controls, but the government is also taking steps to clear the path for more overseas acquisitons, following a recent move by the State Council. If there is an uptick in cross-border deals, they… Read More>>
Li Ka-Shing to Sell Bahamas Resort and More China Real Estate News 2016-03-17
What to do with an oversupply of housing that local customers won’t buy? The city of Zhuhai in Guangdong province is trying the time-honoured solution marketing these unwanted homes to people from out of town. Plus government officials prove that… Read More>>
Bank of China Lends $50M to NYC Hotel Project and More China Real Estate Headlines 2016-03-13
One of China’s biggest state-owned lenders is backing Moinian Group’s Manhattan luxury hotel project, and China’s property market shows mixed results in the latest batch of government data, with housing sales climbing but developers still holding off on investment. Read… Read More>>
Wharf Sells 6% Stake in Sino-Ocean to Mystery Buyer for $284M
The battle for shares in China’s largest property developers surged to a new level late last week after Hong Kong real estate giant Wharf Holdings revealed on Thursday that it would be selling its 5.93 percent stake in Sino-Ocean Land… Read More>>
What Downturn? SOE-Led Group Pays Record $1.39B for Beijing Land
China’s real estate market may still be stuck in an eight-month long slide but China’s real estate developers still are eager to buy more land – at least in China’s largest cities. So eager that they are willing to pay… Read More>>
China Real Estate People in the News 2014-12-29
It may be the holiday season, but at least some of greater China’s real estate professionals have been keeping themselves busy finding new opportunities straight through the festivities. This week we have a Chinese insurance giant scooping up more talent,… Read More>>
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