Shanghai’s Shenglong Group pays record price for second Los Angeles site | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

Shanghai’s Shenglong Group pays record price for second Los Angeles site

Published on March 9th, 2015

Shanghai developer Shenglong Group has acquired its fifth overseas real estate project: a Los Angeles site bought for $26m. US media said the private company paid a record price for…

Not subscribed yet? Click here for full access.

Comment

China’s First Sponsor sees value in going Dutch

If you were a Chinese developer, with money to spend after a Singapore initial public offering, what is the first thing you would look to invest in? Land acquisitions; capital...

Companies & People

COMPANIES and PEOPLE

Savills expands with south east Asia and New Zealand buys Savills has acquired a big stake in CBRE’s Malaysian affiliate, which now trades under the UK broker’s brand. The former CBRE affiliate’s owners, Allan...

Company Profiles

PROPERTY ADVISERS

Having global reach, a good grasp of technology and the ability to recruit the best people are the common themes behind the growth of the leading property advisers in asia...

World News

Keppel splashes out £91m on City of London asset

Singaporean developer Keppel Land has bought a London office building for £91m ($139.7m). It bought a freehold, nine- storey office building at 75 King William Street in the City of...

News

Asia’s super rich drive regional and global demand

Asia’s super rich will be a major force driving real estate markets in Asia and the rest of the world, Knight Frank research claims. The property adviser’s latest Wealth Report,...

News

Nan Fung snaps up law firm’s City of London office

Hong Kong developer Nan Fung Group has bought City of London office building 6 Old Bailey from a UK unit trust for £79m ($120.7m). The 75,000 sq ft building is...

Survey

POLITICS

State measures to curb house price rises in China and other Asian countries are the hottest political issue for many in property, but a number of pro-business governments have also...

World News

Asian property investors ramp up and diversify buying spree...

Asian investors’ overseas buying rose 23% year on year in 2014, with secondary locations joining gateway cities such as London and Paris on their target list Asian outbound real estate...

News

Alternative sectors join Chinese and Japanese core assets on real estate investors’ wish list...

Japan, China and core assets dominate investor intentions for 2015, CBRE research found. The broker’s Investor Intentions Survey 2015 also found an increasing desire for alternative real estate sectors. A...

Current Issue