Asia real estate and outbound investment news
Singaporean developer CapitaLand announced Thursday that it had spent RMB 501 million ($78.5 million) to acquire the remaining 50 percent interest in a tech park in northeastern China from its financially troubled business partner.
The Temasek-controlled giant is buying the… Read More>>
A pair of Asian companies doing their best not to own a set of US luxury hotels leads today’s real estate news as Korea’s Mirae Asset Management and China’s Dajia Insurance hurl blame at each other over a failed $5.8… Read More>>
Hong Kong-listed Yida China announced on 22 April that a financial crisis at its parent company had left it facing a default on loans with an outstanding principal of RMB 8.75 billion ($1.3 billion), with the developer saying it has yet… Read More>>
Vincent Lo’s Shui On Group has closed on the RMB 4.65 billion ($701 million) sale of its Dalian Tiandi mixed-use project to Chinese business park builder Yida China Holdings, six months after the transaction was first announced.
Completion of the… Read More>>
Companies belonging to Shui On Group have signed contracts to sell over RMB 8 billion in projects in the past two months, but the Shanghai-based property firm may have to wait a bit longer to receive at least half that… Read More>>
Shui On Land is selling off its mixed-use Dalian Tiandi project to a Chinese business park builder in a deal totalling RMB 4.65 billion ($701 million), marking the latest in a seemingly endless series of asset sales by the developer… Read More>>
The new challenges for real estate professionals in the region did not slow down In the last week of November, as we find a private equity boss riding a big deal with Chinese investors into a job with the biggest… Read More>>
