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A Chinese asset management firm has raised $683 million to invest in Chinese retail property, defying critics who say the sector may be overbuilt. Citic Capital Holdings has already invested $250 million of the fund in three projects. Read More »
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Commercial property investments in the Asia Pacific region totaled $109.8 billion during the first quarter of 2013, a 50.2 percent increase from the previous quarter, according to data released today ... Read More »
Global property prices increased by 6.6 percent in the year to March, the highest rate since the second quarter of 2010, according to the Knight Frank Global House Index released today. Read More »
Brookfield Asset Management, the Canadian real-estate giant, has launched an aggressive expansion plan that will see the company invest and develop a client base in Asia. The company-has already estab... Read More »
Accor has announced repositioning plans for its Pullman Hotels & Resorts brand, with a focus on creating a new hotel experience for upscale international travelers. The European hotel group plans to a... Read More »
London mayor Boris Johnson has approved a £1 billion deal with a Chinese developer today to create London's next financial district. In its first development outside of China, Advanced Business Park ... Read More »
A trickle of Web reports and a tantalizing video suggest a Chinese company is moving ahead with plans to build the world's tallest building. China Broad Group could begin construction on the 838-meter... Read More »
Despite government measures to restrict the property and a languishing Chinese stock market, Chinese developers have seen their stock prices race away. The sector leaped 11 percent in May alone, five ... Read More »
Wyndham Hotel Group recently announced plans to enter the United Arab Emirates with its first property in Dubai, the latest step in the chain's expansion in the Middle East. Wyndham currently operates... Read More »
Thailand's economy is getting a boost from young Chinese travelers looking to shop, eat and relax at spas. More than 1.12 million Chinese tourists visited Thailand in the first quarter of 2013, a 93 p... Read More »
China's average house prices increased 4.3 percent year-over-year in April, providing further evidence that government measures aimed at cooling the country's property market are not working. Read More »
With a rapidly ageing population, China is facing a dramatic demographic shift that is attracting overseas hospital operators and developers to the senior living industry. But despite attractive raw s... Read More »
Cheung Kong Holding, the development company controlled by billionaire Li Ka-Shing, is returning deposits to buyers in a Hong Kong hotel project after regulators raised concerns about the scheme. Read More »
Leasing activity was mostly flat in Asia Pacific's top office markets during the first quarter of 2013, according to Jones Lang LaSalle's latest Asia Pacific Office Index. Combined rental growth in th... Read More »
Hong Kong property sales are down 60 percent from a year ago, providing the first clear evidence that new government policies are slowing down one of the world's hottest markets. Prices are also slidi... Read More »
Greenland Holding Group has announced plans to purchase a 60 percent stake in luxury property developer SPG Land Holdings, a move which may herald a new wave of consolidation among China property deve... Read More »
Direct investment in global real estate hit the highest level since 2008 in the first quarter, led by a surge in investment in Asia Pacific commercial property. More than $27 billion was directly inve... Read More »
CNN recently focused on an interesting new phenomenon in Beijing-couples are getting divorced to buy more condos. The Chinese government recently started to enforce a 20 percent capital gains tax on a... Read More »
The rapid growth of gambling in China's Macau region is bolstering the bottom line of U.S. gaming companies. Sands China Ltd., the subsidiary of Las Vegas Sands, this week reported that net profit ros... Read More »
Hong Kong ushers in new rules this week that overhaul the way new properties are sold - measures that have been praised as long overdue by consumer advocates and largely resisted by the real estate in... Read More »
Luxury home prices in the Indonesia capital of Jakarta are up 38.1 percent from a year ago, making it the top performing luxury home market in the latest Knight Frank Prime Global Cities Index. Overal... Read More »
