Here is a list of the day’s latest China real estate news collected from around the web:
Citigroup’s private bank on Tuesday named Yvonne Siew as head of Asia real estate, replacing Quek Kwang Meng who is leaving after more than 20 years with the U.S. lender.
Singapore REITs (S-REIT) still dominate cross-border acquisitions within Asia in 2011. According to property consultancy firm CBRE, S-REITs invested S$2.51 billion abroad last year, and the majority of capital are targeted at China.
On May 26 last year, amid the gold lighting and $60 entrees at a restaurant in Hong Kong’s Central entertainment district, Jason Boyer confided to colleague Didier Bensadoun he was joining a boutique bank backed by China.
China’s real estate policies will remain tight this year and the recent quickened pace of property transactions is not likely to last long, industry insiders said on Wednesday. Their comments came about a week after widespread reporting on a so-called re-explanation of Shanghai’s housing policy.