Today’s China Real Estate Links | February 13, 2012

Here is a list of the day’s latest China real estate news collected from around the web:

• CapitaMalls Asia reports 42.6% rise in Q4 net profit

  Singapore shopping mall developer CapitaMalls Asia has reported a net profit of S$205.4 million for its fourth quarter ended December – up 42.6 per cent from the previously reported S$144 million last year.

• DQ’s Store Count in China Hits 500, More Planned

  The Dairy Queensystem, part of Berkshire Hathaway, has opened its 500th location in China and has plans to open more than 100 new restaurants there by the end of 2012.

• Chinese Developers Rise on Central Bank Pledge

  Chinese developers, including KWG Property Holding Ltd. and Shimao Property Holdings Ltd., rose for a second day after the nation’s central bank this week pledged to meet demand from first-home buyers seeking loans.

• Wuhu douses housing bailout speculation

  An East China city that has sparked attention with its housing subsidies has said the policies are aimed at dousing speculation of a potential loosening of property market controls. The government of Wuhu, a city in eastern Anhui province with 1.5 million residents, announced Thursday that it will grant subsidies and deed tax exemptions to first-home purchasers in 2012.

• China’s inflation rate rises to 4.5%

  China’s rate of inflation unexpectedly accelerated in January for the first time since it peaked in July, as consumers raised spending around Chinese New Year.

• Beijing office rents yet to rival NY: DTZ

  The top-tier office rents in Beijing rose sharply last year but were still not high enough to rival those in New York, the global real estate services firm DTZ said Wednesday. Monthly rents of the top level offices in Beijing reached 246.43 yuan ($39) per square meter in 2011, with those in downtown CBD district hitting 270 yuan.

• China Holiday Inflation Pickup May Limit Easing Room

  China’s inflation unexpectedly accelerated in January on the boost to spending from a week-long holiday, limiting room for monetary easing as Europe’s debt crisis damps exports and the property market cools.

This list is updated daily, so tune in again tomorrow for more up to date information, or subscribe to our daily email news digest on the subscription form in the right-hand column.

Digest powered by RSS Digest