Hong Kong’s Central district remained the most expensive place in the world for premium office rental costs as of the end of the third quarter, with the district’s rents far ahead of the second city on the list, New York,… Read More>>
Amid China Property Downturn, A Naked Grab For Attention
Chinese property firms’ naked grab for publicity has bared for all in the mainland an indecorous and unsurprisingly effective marketing peccadillo: the use of nude young women to sell splashy hot condos.
As China’s real estate market takes a turn… Read More>>
ARA Enters US Market With Purchase of 38 Hyatt Hotels
Singapore-based real estate fund manager ARA Asset Management announced on Monday that it had purchased a portfolio of 38 Hyatt-branded hotels in the United States from a unit of Lone Star Funds at an undisclosed price, marking ARA’s first foray… Read More>>
Land Sales to Add Over 3,200 More Rental Homes to Shanghai Housing Pipeline
The Shanghai city government is putting up for tender three new residential sites with a planned construction area of just over 210,000 square meters, bringing its yearly proffering of residential land to more than two million square meters, according to… Read More>>