Asia real estate and outbound investment news
Jingrui Holdings has agreed to sell a commercial building in Shanghai’s Xuhui district to state-owned China Construction Bank for RMB 132.4 million ($19.2 million), as the mainland developer continues to unload assets after a recent default on offshore debt.
Jingrui… Read More>>
Despite the gloomy outlook for the mainland property market K Wah International Holdings teamed with two state-owned partners in a government land sale to purchase a mixed-use site in Shanghai’s Xuhui district for the reserve price of RMB 3.73 billion… Read More>>
Hongkong Land has teamed up with a state-backed Shenzhen developer and a local government body to take on a new Shanghai residential development after purchasing a Xuhui district site for RMB 4.73 billion ($700 million), despite the headwinds faced by… Read More>>
China’s rental residential sector has seen another global fund manager expand its China rental residential holdings as Warburg Pincus-backed Golden Union Assets has reportedly acquired a co-living project in Shanghai’s southwestern suburbs from fund manager Schroders and Hong Kong-listed Deson… Read More>>
Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and will use some of the proceeds to acquire three higher-yielding residential properties in Japan’s fifth-largest city, Sapporo.
The REIT sponsored by property giant CapitaLand… Read More>>
Real estate private equity firm InfraRed NF has joined with a mainland investment start-up to purchase an 84 percent stake in a $112 million commercial complex in Shanghai’s former French concession, according to an announcement last week.
Through a joint… Read More>>
In the midst of one China’s most acute economic setbacks in the last two decades, the biggest landlord in Hong Kong’s Central district has agreed to pay a record RMB 31.05 billion ($4.48 billion) for a development site in Shanghai’s… Read More>>
A mixed-use site in Shanghai’s Xuhui district has been offered for sale with an estimated price tag of more than RMB 30 billion ($4.3 billion), as the municipal government strives to build a 1.8 million square metre (19.4 million… Read More>>
Despite a government clampdown that has scared developers away from bids for sites at the fringes of Shanghai and other major cities, a site in the Chinese commercial hub’s Xuhui district still proved appealing enough to persuade China Vanke to… Read More>>
Hong Kong real estate investment house Pamfleet has landed its first deal in mainland China, signing an agreement with Hong Kong-listed Deson Development International last week for a RMB 82 million ($12.26 million) joint venture residential project, according to a… Read More>>
