Asia real estate and outbound investment news
Hong Kong-listed developer Shui On Land has announced that it is partnering with two insurance giants to invest in commercial real estate ventures in China as it continues to lean on financial services companies to rebuild its mainland portfolio.
The… Read More>>
In a joint effort with a pair of state-owned mainland partners, Xintiandi developer Shui On Land has won a government tender for a 78,256 square metre (842,340 square foot) prime commercial site near Shanghai’s Huaihai Lu with a bid of… Read More>>
Shanghai-based co-working provider naked Hub held the grand opening of its Xintiandi flagship location last Thursday, and the startup that is known for trying to make work a bit more fun, decided to take a more serious tack for the… Read More>>
The co-working wars in Shanghai are heating up with the opening of the flagship naked Hub at Xintiandi. The 4,500 square metre (48,500 square foot) center is the sixth naked Hub opened in the city over the last 12 months,… Read More>>
Hong Kong developer Great Eagle has become the latest Chinese real estate company to bet on San Francisco’s property market by purchasing a development site in the city’s Central Market area for $19.8 million, according to public records.
Great Eagle has… Read More>>
This week Asia’s community of commercial real estate professionals sees a global investment firm importing talent from Germany to build up its Singapore office, a US private equity firm bringing on a logistics real estate specialist in Shanghai, and a… Read More>>
Shui On Land has reportedly put Corporate Avenue One, a prime commercial asset next to the Hong Kong-listed real estate developer’s landmark Xintiandi project in Shanghai, on the market for approximately RMB 7.47 billion ($1.2 billion).
The potential sale of… Read More>>
Socam Development, an affiliate of Shui On Land cut prices by 30 percent at a housing project in central Chengdu last week as the troubled real estate company struggles against slumping sales and falling prices.
According to local media reports,… Read More>>
China’s real estate downturn continued to put pressure on Shui On Land this week as the troubled developer sold two hotels worth a total of RMB 2.7 billion ($439 million) after posting worse than expected financial results. Luckily, for Shui On… Read More>>
The saga of Trophy Property Development Fund, once the pride of one of China’s hottest fund managers, continued to unfold last week as 31 out of the $1 billion fund’s 145 limited partners unloaded their holdings to Partners Group.
The… Read More>>
