https://www.scmp.com/rss/268464/feed We are an experienced team of International property professionals offering our clients successful, tailored investment solutions. Our network of offices spans the entire Asia Pacific region, allowing our investors and developers to gain unrivalled access to prospective buyers and on-the-ground local perspectives. We also offer support services including valuations, development consultancy, leasing management of overseas residential properties and after sales care. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Property investments in London are likely to attract more Hong Kong buyers as Britain decides whether to stay in the European union. The UK’s potential exit – termed Brexit – from the European Union has driven sterling to lows not seen since the financial crisis of 2008. Britons vote June 23 on a referendum on whether to stay in or leave the 28-member group of nations which extends from Finland to Cyprus and Romania to Portugal. Since 2008 the pound has lost almost a third of its value against... https://www.scmp.com/property/international/article/1935506/brexit-uncertainty-opportunity-overseas-investors?utm_source=rss_feed https://www.scmp.com/property/international/article/1935506/brexit-uncertainty-opportunity-overseas-investors?utm_source=rss_feed Tue, 12 Apr 2016 09:41:44 +0000 San Francisco’s commercial real estate market may be foretelling a slowdown in the city’s heated technology-driven economy. Office subleasing, an early indicator of past downturns, is at the highest level since 2010. The amount of available space from subleases in the city jumped to 1.9 million square feet last month, a 46 per cent increase from the end of the third quarter, according to a report from Cushman & Wakefield. Twitter, Intuit and Zenefits are among tech companies putting excess space... https://www.scmp.com/property/international/article/1931328/technology-slowdown-starts-bite-san-franciscos-commercial?utm_source=rss_feed https://www.scmp.com/property/international/article/1931328/technology-slowdown-starts-bite-san-franciscos-commercial?utm_source=rss_feed Tue, 29 Mar 2016 06:01:11 +0000 British home prices rose 1.3 per cent in March, pushing the average above £300,000 (HK$3.36 million) for the first time, according to Rightmove. Average asking prices increased 7.6 per cent compared with a year earlier, the property-website operator said on Monday. That takes the increase over the past 10 years to 50 per cent, more than twice the pace of earnings growth, according to Rightmove. UK Chancellor of the Exchequer George Osborne has pledged to make more land available for homebuilding... https://www.scmp.com/property/international/article/1928218/uk-home-prices-rise-13-cent-march-regions-outpace-london?utm_source=rss_feed https://www.scmp.com/property/international/article/1928218/uk-home-prices-rise-13-cent-march-regions-outpace-london?utm_source=rss_feed Tue, 22 Mar 2016 07:01:15 +0000 When UK Chancellor George Osborne gave his latest budget speech this time last week, overseas investors eyeing London property paid attention. From April 1 they’ll pay more in tax after plans for a 3 per cent stamp duty surcharge on buy-to-let and second homes got the government green light. The so-called “second homes tax” means anyone who snaps up more of the city’s red-hot bricks and mortar will need to stump up more cash upfront. On the average London flat worth £532,758 (HK$5.9 million)... https://www.scmp.com/property/hong-kong-china/article/1928214/london-property-market-still-attractive-investors-despite?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/1928214/london-property-market-still-attractive-investors-despite?utm_source=rss_feed Tue, 22 Mar 2016 07:01:14 +0000 The mansion in Havana where US President Barack Obama and his family spent two nights during their historic Cuba visit has survived war, revolution and an Albanian occupation. Now, with US-Cuban diplomatic ties restored and overall relations warming, the US ambassadorial residence is re-emerging as a centre of influence on the Communist-ruled island. Built from 1939 to 1942, the two-story building is more than half the size of the White House, according to US State Department data, and was... https://www.scmp.com/property/international/article/1928191/us-mansion-where-obama-stayed-during-havana-visit-was-built?utm_source=rss_feed https://www.scmp.com/property/international/article/1928191/us-mansion-where-obama-stayed-during-havana-visit-was-built?utm_source=rss_feed Tue, 22 Mar 2016 07:01:13 +0000 Thousands of Londoners marched through the British capital on Sunday in protest over a government housing bill as residents feel the pinch of soaring rents and house prices. Demonstrators have marched repeatedly against the Conservative government’s Housing and Planning Bill, which critics describe as an attack on those living in public housing. Carrying banners reading “You’re heartless, we’re homeless” and “I’m not moving”, the crowds marched to the houses of parliament, where they held a... https://www.scmp.com/property/international/article/1924647/thousands-march-london-housing-crisis-protest?utm_source=rss_feed https://www.scmp.com/property/international/article/1924647/thousands-march-london-housing-crisis-protest?utm_source=rss_feed Mon, 14 Mar 2016 09:17:28 +0000 Associated Press Associated Press For millions of young adults who make up the largest and best-educated generation in American history, coming of age in the wake of the global financial crisis has been particularly painful. With jobs and opportunities scarce, many were forced to return to school or take refuge by moving back in with their parents. The idea of buying a place of their own seemed impossible. But the last three years of recovery and job growth have raised hopes that millennials, adults under 35 years old, will soon... https://www.scmp.com/property/international/article/1924626/why-many-american-millennials-are-avoiding-home-ownership?utm_source=rss_feed https://www.scmp.com/property/international/article/1924626/why-many-american-millennials-are-avoiding-home-ownership?utm_source=rss_feed Mon, 14 Mar 2016 08:22:00 +0000 China’s Anbang Insurance has agreed to acquire Strategic Hotels & Resorts for around US$6.5 billion, as the owner of New York’s iconic Waldorf Astoria expands its US hotel portfolio, a source who was briefed on the deal said on Saturday. The deal, which illustrates corporate China’s unquenched thirst for US real estate, comes just three months after Strategic Hotels’ current owner, private equity firm Blackstone, took the company private for around US$6 billion. Anbang and Strategic Hotels did... https://www.scmp.com/business/article/1924089/chinese-insurer-anbang-acquire-americas-strategic-hotels-us65-billion-says?utm_source=rss_feed https://www.scmp.com/business/article/1924089/chinese-insurer-anbang-acquire-americas-strategic-hotels-us65-billion-says?utm_source=rss_feed Sun, 13 Mar 2016 09:29:54 +0000 The very low level of European interest rates has been the main driver of recovery in European real estate over the last few years, as income-hungry investors substitute higher yielding prime real estate investments for low-yielding bonds. This has driven up the prices of these assets to such an extent that prime yields in a number of markets are at record lows. However, prime assets are only a small proportion of the total real estate market. While their value has risen quickly, the rest of the... https://www.scmp.com/property/international/article/1922440/asset-differential-provides-opportunities-european-property?utm_source=rss_feed https://www.scmp.com/property/international/article/1922440/asset-differential-provides-opportunities-european-property?utm_source=rss_feed Tue, 08 Mar 2016 08:13:53 +0000 As online deliveries surge and shop sales fall, Britain’s retailers are looking to refit their once bustling superstores with new attractions such as rivals’ fashion brands to fill empty spaces and keep shoppers coming through the door. In a shift in strategy aimed at making the space profitable and avoiding store closures, retailers such as Tesco have also started experimenting with gyms and children’s play areas to entertain customers. “You’ve got more choice. It’s a bit like a shopping mall... https://www.scmp.com/property/international/article/1921905/british-retailers-invite-rival-brands-fill-their-empty-spaces?utm_source=rss_feed https://www.scmp.com/property/international/article/1921905/british-retailers-invite-rival-brands-fill-their-empty-spaces?utm_source=rss_feed Tue, 08 Mar 2016 06:01:34 +0000 London’s commercial property market is on an upward trend, boosted by surging demand for office space and luxury retail assets, prompting industry players to predict annual investment will exceed last year’s £16.5 billion (HK$177.8 billion). International investors accounted for the bulk of last year’s spend on London commercial real estate with £9.7 billion, including around £3 billion from Hong Kong and mainland China, according to property group CBRE. Echoing HSBC’s decision to remain... https://www.scmp.com/property/international/article/1918576/londons-commercial-properties-rise-despite-currency-concerns?utm_source=rss_feed https://www.scmp.com/property/international/article/1918576/londons-commercial-properties-rise-despite-currency-concerns?utm_source=rss_feed Tue, 01 Mar 2016 04:16:23 +0000 Three times a week Neil Valsangkar escapes Canada’s most expensive real estate market by paying C$100 (HK$575) for a 20-minute float plane ride to his Vancouver office from his home across the Salish Sea. The 50km aerial commute allows the father of three to live in Nanaimo, British Columbia, where homes cost about a quarter of those in Vancouver, one of the world’s frothiest markets with average homes selling for C$1.3 million. He’s encouraging some of his employees to do the same. “Raising a... https://www.scmp.com/business/article/1918556/vancouvers-hinterland-attracts-affordability-refugees?utm_source=rss_feed https://www.scmp.com/business/article/1918556/vancouvers-hinterland-attracts-affordability-refugees?utm_source=rss_feed Mon, 29 Feb 2016 07:37:29 +0000 In Vancouver, first time buyers are being replaced by people who are investing rather than living there. With detached homes now costing an average of C$2 million (HK$11.5 million), Vancouver increasingly looks like central London, where property prices are simply determined by who is willing to pay the next higher price. The number of first-time buyers has also hit an all time low like London, too. Vancouver could share the experience of Irvine, California, where last year, 80 per cent of new... https://www.scmp.com/business/article/1918083/british-columbia-lesson-economic-incompetence?utm_source=rss_feed https://www.scmp.com/business/article/1918083/british-columbia-lesson-economic-incompetence?utm_source=rss_feed Sun, 28 Feb 2016 05:47:07 +0000 If you thought declining home prices and rents would damp Dubai developers’ appetite for new projects, think again. Damac Properties Dubai Co PJSC is planning six new towers on Dubai’s main highway, while state-owned developer Dubai Properties Group said on Sunday that it is seeking to construct more affordable homes. Home values have been hit by the falling price of oil, tighter regulation and a strengthening currency. HSBC expects Dubai home values to fall as much as 10 per cent in 2016 and... https://www.scmp.com/property/international/article/1915590/dubai-developers-plan-new-projects-undeterred-falling-prices?utm_source=rss_feed https://www.scmp.com/property/international/article/1915590/dubai-developers-plan-new-projects-undeterred-falling-prices?utm_source=rss_feed Tue, 23 Feb 2016 08:00:38 +0000 In New York City, there’s no escaping the pressure to be taller and thinner – not even for the skyscrapers. Changes in building technology and materials in recent years have made it possible to build slender towers that are among the tallest in the world. And some of these cloud-puncturing beanstalks are poised to transform the city’s iconic skyline. So far, the thinnest of all is the recently completed apartment tower at 432 Park Ave. The stark white pillar, just south of Central Park, is 425... https://www.scmp.com/property/international/article/1915224/slender-towers-rise-dizzying-heights-new-york-city-skyline?utm_source=rss_feed https://www.scmp.com/property/international/article/1915224/slender-towers-rise-dizzying-heights-new-york-city-skyline?utm_source=rss_feed Tue, 23 Feb 2016 08:00:37 +0000 Australian investors enjoy some of the most generous tax concessions in the world when they buy real estate. That could be about to change. The opposition Labour Party is proposing scaling back tax breaks for landlords that have helped fuel a 50 per cent increase in property prices in capital cities since 2008. With an election just months away, the proposal has taken centre stage in the nation’s policy debate and is forcing Prime Minister Malcolm Turnbull’s government to give the perks a closer... https://www.scmp.com/property/international/article/1915896/australian-property-perks-crosshairs-boom-locks-out-young?utm_source=rss_feed https://www.scmp.com/property/international/article/1915896/australian-property-perks-crosshairs-boom-locks-out-young?utm_source=rss_feed Tue, 23 Feb 2016 07:46:40 +0000 Despite recent capital outflow control and yuan devaluation , analysts expect Chinese investment in overseas real estate will remain strong this year after growing dramatically last year. According to global property consultancy Knight Frank’s latest research, total Chinese outbound property acquisition volume last year reached nearly US$30 billion, double that of 2014. “There is significant policy support encouraging outbound investment,” Knight Frank executive director Paul Hart said. He said... https://www.scmp.com/business/article/1913770/chinas-outbound-property-buying-spree-will-continue?utm_source=rss_feed https://www.scmp.com/business/article/1913770/chinas-outbound-property-buying-spree-will-continue?utm_source=rss_feed Wed, 17 Feb 2016 11:34:01 +0000 British property valuers reported a surge of activity last Thursday as property investors tried to beat an increase in transaction taxes on rental investments coming into force in April. Demand for housing remains buoyant, lifted by tight supply, record employment and cheap mortgage rates, even as the global economic outlook darkens – something which prompted the Confederation of British Industry to follow the Bank of England and downgrade its economic growth forecasts on Thursday. The Royal... https://www.scmp.com/property/international/article/1913464/uk-surveyors-report-surge-buying-investors-try-beat-tax-rise?utm_source=rss_feed https://www.scmp.com/property/international/article/1913464/uk-surveyors-report-surge-buying-investors-try-beat-tax-rise?utm_source=rss_feed Tue, 16 Feb 2016 07:09:51 +0000 For Hong Kong-based boutique property fund Platinum Estates, Spain is the best European destination when it comes to tourism property investment. “The assets are still cheap and we are positive about the booming travelling demand there, especially from Chinese tourists,” said Jonnie Teh, investment director of Platinum Estates, The firm, which is controlled by Indian textile magnate Harry Mohinani, specialises in investing in distressed real estate assets and has bought and sold properties in... https://www.scmp.com/business/article/1913458/spains-undervalued-tourism-property-sector-attracts-asian-investors?utm_source=rss_feed https://www.scmp.com/business/article/1913458/spains-undervalued-tourism-property-sector-attracts-asian-investors?utm_source=rss_feed Tue, 16 Feb 2016 06:40:22 +0000 Home prices in the San Francisco Bay area, a hotbed for technology startups, climbed 16 per cent above sustainable levels in the third quarter of 2015, Fitch Ratings reported on Monday. Property prices were now at a new all-time high for the Bay area, and 62 per cent above the post-recession low in early 2012, the rating agency said. “The last time the Bay area experienced this kind of home price growth was during the dot-com era from 1997-2000,” said Fitch analyst Grant Bailey. Sustainable... https://www.scmp.com/property/international/article/1913445/san-francisco-bay-area-homes-16-cent-above-sustainable-levels?utm_source=rss_feed https://www.scmp.com/property/international/article/1913445/san-francisco-bay-area-homes-16-cent-above-sustainable-levels?utm_source=rss_feed Tue, 16 Feb 2016 06:03:02 +0000 British construction output slipped more than expected in the fourth quarter, dragged down by reduced infrastructure spending despite housebuilding increasing at the fastest pace since the start of 2014. Construction output fell 0.4 per cent in the fourth quarter after a 1.7 per cent decline in the third quarter, the Office for National Statistics said on Friday. While a bigger drop than the estimate used in preliminary fourth quarter GDP figures, the ONS said that even when combined with the... https://www.scmp.com/property/international/article/1913435/uk-construction-output-slips-fourth-quarter-despite-december?utm_source=rss_feed https://www.scmp.com/property/international/article/1913435/uk-construction-output-slips-fourth-quarter-despite-december?utm_source=rss_feed Tue, 16 Feb 2016 04:55:18 +0000 Born in Vienna and educated in India, Sanjay Manchanda is a fellow member of the Institute of Chartered Accountants of India. He joined Nakheel as a consultant to advise the company through its US$16 billion debt restructuring programme, which was successfully completed in August 2011. He assumed the role of chief executive in 2012. During his tenure, Nakheel delivered on its revised business plan two years ahead of time and repaid its bank debt of US$ 2.2 billion four years ahead of schedule.... https://www.scmp.com/property/international/article/1913424/dubai-developer-nakheel-targets-chinese-businessmen-dragon?utm_source=rss_feed https://www.scmp.com/property/international/article/1913424/dubai-developer-nakheel-targets-chinese-businessmen-dragon?utm_source=rss_feed Tue, 16 Feb 2016 04:11:51 +0000 A debt restructuring for Dubai-based developer Limitless moved closer after Silver Point Capital sold its share of the 4.45 billion dirham (HK$9.4 billion) debt last month, two sources involved in the process said. US hedge fund Silver Point, one of a minority of creditors holding up a deal, sold half of its roughly US$80 million loan to Dubai-based lender Mashreq and the other half to Massar Investments, an investment firm controlled by Mashreq’s owners. A deal can only be agreed once all... https://www.scmp.com/property/international/article/1913285/debt-deal-dubai-developer-limitless-closer-after-silver-point?utm_source=rss_feed https://www.scmp.com/property/international/article/1913285/debt-deal-dubai-developer-limitless-closer-after-silver-point?utm_source=rss_feed Tue, 16 Feb 2016 02:01:08 +0000 Australia has begun to see a steady stream of property deals using Islamic financing as the attraction of low-risk tenants and a weak Australian dollar offset concerns about the lack of a welcoming tax environment for such transactions. National Australia Bank, one of the most active banks in the sector, this month helped fund a A$160 million (HK$885 million) Brisbane property purchase, its third Islamic financing transaction since August. “We saw a lot of interest from Islamic investors who... https://www.scmp.com/property/international/article/1913278/australia-sees-nascent-growth-islamic-finance-despite-tax?utm_source=rss_feed https://www.scmp.com/property/international/article/1913278/australia-sees-nascent-growth-islamic-finance-despite-tax?utm_source=rss_feed Tue, 16 Feb 2016 02:01:08 +0000 Dubai-based Nakheel, the company behind the world famous Palm Jumeirah artificial archipelago, is to double the size of its Dragon Mart retail complex, which became the world’s biggest Chinese trading hub outside mainland China when it was first launched in 2014. The government-owned developer plans to expand the current 4,000-shop retail complex into a community named Dragon City by adding an extra 6.5 million square feet of shops, residential housing and hotels, increasing the total gross... https://www.scmp.com/property/international/article/1912364/nakheel-double-size-its-dubai-retail-complex-catering-chinese?utm_source=rss_feed https://www.scmp.com/property/international/article/1912364/nakheel-double-size-its-dubai-retail-complex-catering-chinese?utm_source=rss_feed Tue, 16 Feb 2016 01:30:33 +0000 Chinese investors - mainly insurers and large funds - may launch a short-term pullback in cross-border hotel investments given volatile conditions and a slowing mainland economy, according to an industry expert. In 2015, Chinese capital is expected to represent some US$5 billion in global hotel investment, making it among the top three exporters of capital globally along with the US and the Middle East, according to JLL’s Hotels & Hospitality Group . This comes just years after China was not... https://www.scmp.com/business/companies/article/1908751/chinese-investors-may-have-short-term-pullback-cross-border-hotel?utm_source=rss_feed https://www.scmp.com/business/companies/article/1908751/chinese-investors-may-have-short-term-pullback-cross-border-hotel?utm_source=rss_feed Tue, 02 Feb 2016 12:42:32 +0000 The number of Hong Kong homeowners who owe more than the value of their property has shot up for the first time in nearly a year and a half as property prices fall faster than expected amid a market turmoil while new flat supply is set to climb to a 12-year high. The Hong Kong Monetary Authority (HKMA) on Friday announced that the estimated number of residential mortgage loans that are in so-called negative equity was 95 as of December, according to its latest survey. The total value of these... https://www.scmp.com/property/hong-kong-china/article/1907067/hong-kong-sees-spurt-negative-equity-home-owners-property?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/1907067/hong-kong-sees-spurt-negative-equity-home-owners-property?utm_source=rss_feed Fri, 29 Jan 2016 15:15:00 +0000 If 2015 has shown us anything, it is just how resilient Malaysia has been despite everything that was thrown at it: declining prices for energy and commodities, a political fiasco and the falling Malaysian ringgit (RM), which became one of the worst performing currencies across Asia. Indeed, we believe that over the next couple of years or so, the current macroeconomic environment offers real estate investors an attractive window of opportunity to increase exposure to Malaysian real estate. It... https://www.scmp.com/property/international/article/1906607/malaysia-attractive-proposition-real-estate-investors?utm_source=rss_feed https://www.scmp.com/property/international/article/1906607/malaysia-attractive-proposition-real-estate-investors?utm_source=rss_feed Fri, 29 Jan 2016 04:22:58 +0000 Investors are trying to beat a tax increase on buy-to-let properties in Britain, helping to push up house prices last month, a survey showed on Thursday. The Royal Institution of Chartered Surveyors (RICS) said its monthly house price balance rose to +50 from +49 in November, in line with a Reuters poll of economists. Overall demand for new properties rose to a three-month high after the announcement that a higher rate of real estate purchase tax would be introduced in April for investors... https://www.scmp.com/property/international/article/1905342/british-house-price-growth-edges-investors-rush-buy-let?utm_source=rss_feed https://www.scmp.com/property/international/article/1905342/british-house-price-growth-edges-investors-rush-buy-let?utm_source=rss_feed Tue, 26 Jan 2016 03:52:13 +0000 Keen to diversify domestic risks, cash-rich Chinese developers, including Guangdong-based China Aoyuan Property, are actively going overseas. Aoyuan has been targeting Australia recently and is determined to be eventually be treated like a local developer. Aoyuan bought its first overseas project in Sydney and set up an Australian office last spring. Jacky Chan, Aoyuan’s group vice-president and head of the Australian office, said Australia’s well-rounded education system and stable politics... https://www.scmp.com/property/international/article/1904892/aoyuan-eyes-australia-and-wants-be-treated-local-down-under?utm_source=rss_feed https://www.scmp.com/property/international/article/1904892/aoyuan-eyes-australia-and-wants-be-treated-local-down-under?utm_source=rss_feed Tue, 26 Jan 2016 02:00:19 +0000 At the end of last year, the UK has hosted two of the most influential leaders of the global economy, Chinese President Xi Jinping and Indian Prime Minister Narendra Modi. Several billions of dollars have been agreed in investment deals, with Indian and Chinese capital boosting a number of British industries. President Xi’s visit in 2015 had been accompanied by landmark business deals and rhetoric at the highest level hailing a ‘golden era’ for relations between the two countries. As part of... https://www.scmp.com/property/hong-kong-china/article/1902306/why-london-cant-take-chinese-investors-granted?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/1902306/why-london-cant-take-chinese-investors-granted?utm_source=rss_feed Mon, 18 Jan 2016 07:53:07 +0000 Runaway home prices in New Zealand’s largest city are spreading through the rest of the country, potentially snuffing out the chance of further cuts in official interest rates – just as a scare over China’s slowing growth argues for more stimulus. For years the Reserve Bank of New Zealand (RBNZ) has been battling to contain house price inflation to the booming harbour city of Auckland, fearing its spread would encourage a binge of borrowing among already heavily indebted households. Yet it seems... https://www.scmp.com/property/international/article/1902297/aucklands-soaring-house-prices-spread-rest-new-zealand?utm_source=rss_feed https://www.scmp.com/property/international/article/1902297/aucklands-soaring-house-prices-spread-rest-new-zealand?utm_source=rss_feed Mon, 18 Jan 2016 07:01:59 +0000 Sales of existing homes in Canada fell in December from November as weakness in Alberta and parts of Ontario offset gains in other markets, a report from the Canadian Real Estate Association showed on Friday. The industry group for Canadian real estate agents said sales activity was down 0.6 per cent last month from November. Actual sales for December, not seasonally adjusted, rose 10 per cent from December 2014. CREA’s home price index rose 7.3 per cent from December 2014. Sales were down in... https://www.scmp.com/property/international/article/1902282/canadian-sales-existing-homes-fall-december?utm_source=rss_feed https://www.scmp.com/property/international/article/1902282/canadian-sales-existing-homes-fall-december?utm_source=rss_feed Mon, 18 Jan 2016 05:04:29 +0000 Global real estate investors will splash out at least US$57.9 billion this year and increase their portfolio weightings on the sector, finds a new survey. The annual survey, in its ninth year, was carried out by the Asian Association for Investors in Non-listed Real Estate Vehicles (Anrev), The European Association for Investors in Non-Listed Real Estate Vehicles (Inrev) and Pension Real Estate Association (Prea). “The momentum for 2016 is good. The result is pretty much in line with last year,... https://www.scmp.com/property/article/1900092/tokyo-sydney-shanghai-which-city-top-destination-global-real-estate?utm_source=rss_feed https://www.scmp.com/property/article/1900092/tokyo-sydney-shanghai-which-city-top-destination-global-real-estate?utm_source=rss_feed Tue, 12 Jan 2016 07:09:49 +0000 Bucking the trend of many property funds that have their sights firmly set on China, BPE Asia Real Estate is looking for gold elsewhere. “There are still some uncertainties,” said Mark Fogle, managing director and head of real estate for BPE Asia, citing a glut and the economic downturn. “It may not be the right time to buy assets in China.” Property consultants Colliers International estimates vacancies of Grade A offices buildings will this year run into double digits in tier 1 Chinese cities... https://www.scmp.com/property/hong-kong-china/article/1899912/real-estate-fund-would-rather-invest-philippines-china?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/1899912/real-estate-fund-would-rather-invest-philippines-china?utm_source=rss_feed Mon, 11 Jan 2016 23:45:45 +0000 Betting on a new law that permits foreigners to buy an unlimited number of apartments in Vietnam, Hong Kong-based Jen Capital expects an influx of overseas capital to give the country’s real estate industry a shot in the arm. The firm is the Vietnam property arm of the 110-year-old family-run conglomerate Chiaphua Group that owns a property portfolio spanning Hong Kong, the mainland, Canada, the US and Germany. Chiaphua’s notable property projects in Hong Kong were the phase one development of... https://www.scmp.com/property/article/1899920/jen-capital-makes-hay-vietnam-lifts-property-cap-foreigners?utm_source=rss_feed https://www.scmp.com/property/article/1899920/jen-capital-makes-hay-vietnam-lifts-property-cap-foreigners?utm_source=rss_feed Mon, 11 Jan 2016 08:31:47 +0000 Jonathan Cheng, a member of the third generation of the family that runs 110-year-old conglomerate Chiaphua Group, manages the family’s US$100 million Jen Capital Vietnam Property Fund. He previously had private equity and corporate finance roles at Lehman Brothers in New York and Hong Kong , Peregrine Direct Investment and Capital Z Asia. In 1986 Vietnam launched a political and economic renewal campaign (Doi Moi) that introduced reforms intended to facilitate the transition from a centrally... https://www.scmp.com/property/international/article/1899828/cheng-family-scion-helps-chiaphua-focus-vietnam?utm_source=rss_feed https://www.scmp.com/property/international/article/1899828/cheng-family-scion-helps-chiaphua-focus-vietnam?utm_source=rss_feed Mon, 11 Jan 2016 02:27:09 +0000 Chinese buyers surged to prominence in the London market in late 2015, showing particular interest in the West End’s Covent Garden, Aldwych and Soho areas. These parts of London sit between the City financial district and the prime enclaves of Mayfair, Belgravia and Knightsbridge. Overall in the West End, according to our West End residential, Our Patch, Our View Q3 2015 report, we saw sales activity up 78 per cent compared with the previous quarter. This can be explained by the hiatus in London... https://www.scmp.com/business/article/1899075/why-chinese-property-buyers-are-flocking-londons-west-end?utm_source=rss_feed https://www.scmp.com/business/article/1899075/why-chinese-property-buyers-are-flocking-londons-west-end?utm_source=rss_feed Fri, 08 Jan 2016 07:42:54 +0000 [Sponsored Article] The customer is always right.  As a buy-to-let landlord, especially those sitting oceans away from their investment, it is important to ensure that your property remains an attractive prospect for your tenant.  Having real estate in the right area, at the right price, is no longer the only consideration.  Tenants want more for their money than ever before, with access to outdoor space and reduced utility bills high on the tick list across the rental market.  Energy... https://www.scmp.com/presented/property/topics/international-property/article/1880100/will-investing-sustainable?utm_source=rss_feed https://www.scmp.com/presented/property/topics/international-property/article/1880100/will-investing-sustainable?utm_source=rss_feed Wed, 18 Nov 2015 04:39:40 +0000 [Sponsored Article] A Vertical Village on the Lower East Side On the edge of the East River, with epic views of one of the world’s greatest cities, is One Manhattan Square. A modern tower at the centre of New York’s most historical neighbourhood; a place buzzing with energy, culture and style. This new landmark will redefine city living. A vertical village surrounded by lush private gardens and every amenity imaginable. Extell Development Company, one of New York’s leading developers, has... https://www.scmp.com/presented/property/topics/international-property/article/1875864/vertical-village-lower-east-side?utm_source=rss_feed https://www.scmp.com/presented/property/topics/international-property/article/1875864/vertical-village-lower-east-side?utm_source=rss_feed Fri, 06 Nov 2015 01:37:07 +0000 [Sponsored Article] An iconic landmark building, Kings Row showcases an exclusive collection of striking Manhattan, 1, 2 & 3 bedroom apartments, villas, penthouses and 3 bedroom townhouses. Kings Row has been planned not just to offer desirable new homes, but to enhance its surrounding location. Positioned on popular King Steet and between Vencourt Place and Beavor Lane, this imposing building designed by the award-winning Lifschutz Davidson Sandilands architects, is set to become a contemporary... https://www.scmp.com/presented/property/topics/international-property/article/1871327/kings-row?utm_source=rss_feed https://www.scmp.com/presented/property/topics/international-property/article/1871327/kings-row?utm_source=rss_feed Fri, 23 Oct 2015 04:15:30 +0000 [Sponsored Article] On paper, Japan doesn’t seem like the obvious choice for investment – an ageing population, stagnant wages and the general economic slowdown – but recently we’ve noticed that the tables are turning.  Local and international property investors have started to snap up real estate purchases with more vigour – with inbound investment accounting for 21% of overall investment in the first half of 2015. So what do they know that we don’t? Property prices are rising. Despite demand... https://www.scmp.com/presented/property/topics/international-property/article/1867392/overseas-real-estate-investment?utm_source=rss_feed https://www.scmp.com/presented/property/topics/international-property/article/1867392/overseas-real-estate-investment?utm_source=rss_feed Wed, 14 Oct 2015 02:41:07 +0000 [Sponsored Article] The commonly used English phrase ‘as safe as houses’ has been ringing true for local investors making property purchases overseas in recent years.  After the great railway bust in the eighteenth century, investors poured their money into investments that were secure and unlikely to see a drastic decline - which is how the phrase came about.  Today, investing in property still offers the same security, but the returns you receive are entirely dependent on your choice of... https://www.scmp.com/presented/property/topics/international-property/article/1864175/safe-houses-four-things-you-need?utm_source=rss_feed https://www.scmp.com/presented/property/topics/international-property/article/1864175/safe-houses-four-things-you-need?utm_source=rss_feed Tue, 06 Oct 2015 03:26:42 +0000 [Sponsored Article]  Located minutes from Canary Wharf, The Madison promises to set new standards in London high-rise living. The development takes centre stage in one of the capital’s newest and most exciting living and working environments as well as one of London’s most talked about new residential developments. Comprising of studios, one, two and three bed apartments, The Madison, raises sophisticated city living to new heights of excellence. The Madison will provide 423 new homes as well as... https://www.scmp.com/presented/property/topics/international-property/article/1862366/madison?utm_source=rss_feed https://www.scmp.com/presented/property/topics/international-property/article/1862366/madison?utm_source=rss_feed Tue, 29 Sep 2015 09:39:46 +0000 [Sponsored Article] The landscape of London is fast changing, from a lick of paint in some small corners of the city to the mass redevelopment of whole neighbourhoods.  Thames-side communities in particular, have undergone huge structural and demographical changes to the benefit of local communities and investors.  In the river-side developments of Nine Elms, Battersea and Vauxhall this is more than the typical gentrification seen in other areas east of the city. Only five years ago many... https://www.scmp.com/presented/property/topics/international-property/article/1861302/tide-has-turned-thames-side?utm_source=rss_feed https://www.scmp.com/presented/property/topics/international-property/article/1861302/tide-has-turned-thames-side?utm_source=rss_feed Tue, 29 Sep 2015 09:39:21 +0000 [Sponsored Article] Perfectly located at London Zone 1, next to all the travel amenities and less than an hour away from London’s major airports, Embassy Gardens is a 15-acre mixed-use development coming up in Nine Elms, London in UK. The development includes nine apartment buildings along with office, retail and community space located across the River Thames. The London’s new diplomatic precinct, future home to the American and Dutch embassies, with other nations expected in due course. Once... https://www.scmp.com/presented/property/topics/international-property/article/1858652/embassy-gardens?utm_source=rss_feed https://www.scmp.com/presented/property/topics/international-property/article/1858652/embassy-gardens?utm_source=rss_feed Thu, 17 Sep 2015 04:37:04 +0000 [Sponsored Article] South Quay Plaza’s slender 68-storey glass tower will bring a new focal point to the London skyline and provide a new reason to live in Canary Wharf, the city’s prestigious, modern financial district. Developed by Berkeley and designed by Foster + Partners, South Quay Plaza is set to be one of the tallest residential buildings in Europe. Combining the highest quality of architecture, interior design and amenities; it also promotes sustainable high-rise living, which means... https://www.scmp.com/presented/property/topics/international-property/article/1850531/south-quay-plaza?utm_source=rss_feed https://www.scmp.com/presented/property/topics/international-property/article/1850531/south-quay-plaza?utm_source=rss_feed Wed, 19 Aug 2015 09:17:05 +0000 A property boom in Ethiopia's capital is putting pressure on the government to keep homes affordable for some of Africa's poorest people who live in one of its fastest-growing economies. Smart flats and hotels in mirror-glass buildings rise up in areas of Addis Ababa where shacks once stood. A new metro snakes through a city where an emerging middle class is snapping up new homes, but waiting lists for cheap state-built homes grow. This is a challenge for the government whose huge, state-led... https://www.scmp.com/property/international/article/1839032/ethiopia-struggles-meet-soaring-property-demand-nations?utm_source=rss_feed https://www.scmp.com/property/international/article/1839032/ethiopia-struggles-meet-soaring-property-demand-nations?utm_source=rss_feed Tue, 14 Jul 2015 16:00:30 +0000 Global buyout houses and property speculators are stalling investment raids on Greece, spooked by the possibility that bargains could be snared for fractions of today’s prices. Two years ago, private equity firms such as Blackstone and KKR were beating a path to Greece, seduced by depressed stock and property values and a European Central Bank promise to do whatever necessary to shore up the euro zone. However, on Monday, euro zone leaders reached a deal with the country on an 86 billion euro... https://www.scmp.com/property/international/article/1839030/investors-blacklist-greece-amid-crisis?utm_source=rss_feed https://www.scmp.com/property/international/article/1839030/investors-blacklist-greece-amid-crisis?utm_source=rss_feed Tue, 14 Jul 2015 16:00:30 +0000 Canadian housing starts rose more than expected in June and new home prices climbed in May, reports showed, suggesting Canada's long housing boom still has momentum even as the rest of the economy struggles. The Canadian Mortgage and Housing Corp said the seasonally adjusted annualised rate of housing starts rose to 202,818 units in June from a downwardly revised 196,981 in May. Analysts had expected a slowdown to 190,000. The building boom in June followed a greater-than-expected 0.2 per cent... https://www.scmp.com/property/international/article/1839033/canadian-housing-holds-economy-struggles?utm_source=rss_feed https://www.scmp.com/property/international/article/1839033/canadian-housing-holds-economy-struggles?utm_source=rss_feed Tue, 14 Jul 2015 16:00:30 +0000