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China home buyers

Popping China’s Real Estate Bubble Could Cost Banks $600 Bil

2016/10/12 by Andrew Esqueda Leave a Comment

After mainland property prices rose for a 17th straight month in September, an increasing number of analysts are concluding that China is in danger of suffering a housing bubble. The sharp increase in housing prices that saw once catatonic markets… Read More>>

Citigroup China

Citi Says China Housing Boom to Continue in 2017

2016/09/22 by Andrew Esqueda Leave a Comment

Analysts at one of America’s best-known banks are predicting continued good health for China’s already vigorous residential real estate market into next year.

Citigroup predicts China’s housing market will remain ‘robust’ in 2017 given government support and higher prices, according… Read More>>

Wang Jianlin Chen Luyu

Why Wang Jianlin Wants More Chinese Films in His Global Theatre Empire

2016/09/12 by Andrew Esqueda 3 Comments

Wang Jianlin, the Chinese property tycoon who has been buying up theatre chains in the US, UK and Australia sees his screen empire as a means to export Chinese culture globally, according to statements in a recent TV interview with… Read More>>

singapore housing

After Nearly 4 Year Market Slide, Singapore Says Property Curbs Here to Stay

2016/09/09 by Andrew Esqueda Leave a Comment

Singapore home prices are on the city-state’s longest slide in almost two decades, but the authorities running the country’s economy have no intention of letting up on the restrictions that started taking the air out of a historic pricing bubble… Read More>>

HK Developers Offering 120% Mortgages as Sales Slump

2016/08/17 by Andrew Esqueda Leave a Comment

Hong Kong developers are offering mortgages up to 120 percent of the value of a property with attractive borrowing rates in a bid to boost sales, though some including the Hong Kong Monetary Authority (HKMA) believe this scheme will keep… Read More>>

Ling Ke Gemdale

Gemdale Sets High Mark for 2016 With RMB 8.8B Pudong Land Deal

2016/08/05 by Andrew Esqueda Leave a Comment

Gemdale Corp has taken the title of China’s new ‘land king’ as the developer outbid more than 20 rivals to pay RMB 8.8 billion ($1.3 billion) for a 140,252 square-meter parcel of land in Shanghai last week.

The Shanghai-listed company’s… Read More>>

Zhenhua Wang Jiangsu Future Land

Future Land Plans to Sell Hongkou Homes for RMB 120K/SQM

2016/08/04 by Andrew Esqueda Leave a Comment

Hong Kong-listed Future Land Development plans to sell high-end units at its new project in Shanghai’s Hongkou district for RMB 120,000 per square meter, representing more than a 20 percent premium over current selling prices in the area.

“There is… Read More>>

Julia Lau Vancouver real estate

Canada Slaps Tax of Up to 20% on Foreigners Buying Vancouver Homes

2016/07/27 by Andrew Esqueda Leave a Comment

Canadian authorities have slapped a tax of up to 20 percent on overseas buyers purchasing homes in Greater Vancouver. The move by the British Columbia authorities comes amidst growing public outcry over runaway housing prices perceived to be fuelled largely… Read More>>

Wanda Paramount

Wanda Says Will Triple Entertainment Revenue to $22B by 2020

2016/07/26 by Andrew Esqueda Leave a Comment

Dalian Wanda Group has spent nearly $16 billion buying up movie production houses, theatre chains and sports marketing companies this year, but the transformation of China’s biggest mall owner into a global entertainment empire may not be finished yet.

As… Read More>>

Wanda Odeon

Wanda Announces $1.2B Deal to Spread Theatre Empire Over Four Continents

2016/07/14 by Andrew Esqueda 1 Comment

Dalian Wanda-owned AMC Entertainment Holdings, the US theater chain acquired by the mainland property developer in 2012, announced on Tuesday that it will buy London-based Odeon & UCI Cinemas Group from a private equity firm for $1.2 billion.

Wanda’s latest cinema… Read More>>

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