US co-working phenomena WeWork became the latest US “sharing economy’ startup to take aim at Asia this week when it raised $430 million in a round led by Chinese investors.
The six-year-old shared office provider is now valued at $16… Read More>>
Guangxi Mall Goes Bra Crazy for Women’s Day and More China Real Estate Headlines 2016-03-10
A Chinese mall finds a lacy marketing edge that can’t be outdone by ecommerce, Swire signs up its first office tenant in Miami, and the parent company of the mainland’s Joy City mall chain decides now is a… Read More>>
Carlyle-Backed Logistics Developer Yupei Plans $300M Hong Kong IPO
A warehouse builder backed by US private equity giant Carlyle Group looks set to be the next Chinese logistics developer to cash in on the country’s demand for shed space, according to a report today in Bloomberg.
Shanghai Yupei Group… Read More>>
Mainland Fund Managers Go For Property Bonds and More China Real Estate Headlines 2016-03-09
China’s financial markets bet big on property bonds as home sales take off in the first tier cities, while more analysts see the government tolerating a big city bubble if it means selling off unwanted housing in smaller communities. Plus… Read More>>
SOHO China to Sell Pudong Office Tower This Month As Profit Slides 87%
Faced with disappointing leasing revenues for its portfolio of Shanghai and Beijing office properties, Soho China announced today that it would sell its Soho Century Plaza office project in Shanghai for an undisclosed sum.
At a press conference in Hong… Read More>>
Shanghai Housing Sales Rise 78% in One Week and More China Real Estate Headlines 2016-03-08
China’s recent moves to lower interest rates and cut taxes on home sales have been aimed at reviving the real estate market in lower tier cities, but mostly appear to be pumping up a housing bubble in Shanghai and Shenzhen…. Read More>>
Malaysia Grants Tax Breaks to $121B Country Garden Project in Iskandar
Chinese developer Country Garden Holdings announced this weekend that its $121 billion Forest City project in Malaysia’s Iskandar region had been granted duty-free status by the Malaysian government, as the mainland home builder works together with the Malaysian authorities to… Read More>>
Is Beijing Blessing a Housing Bubble to Rekindle Economic Growth?
China has made reduction of unsold housing inventories in the nation’s lower tier cities one of its central goals for 2016, as the country’s leadership looks for ways to spur growth in an economy which last year slipped to its… Read More>>
Greater China Real Estate People in the News 2016-03-07
There were too many new faces in new places this week to fit into this column, so the news about a regional real estate downturn doesn’t seem to have put a lid on new job opportunities in Greater China. This… Read More>>
Upgrading Mingtiandi’s Technical Platform
Mingtiandi has continued its rapid expansion in 2016, with the site now averaging more than 40,000 unique visitors per month and more than 170 new subscribers every 30 days.
Unfortunately, this has also recently led to accessibility issues for some… Read More>>
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