Hong Kong real estate developer Sun Hung Kai informed the city’s stock exchange today that the company’s chief financial officer, Patrick Chan Kwok-wai, will not seek re-election to the board of directors next month, and is resigning from his duties… Read More>>
Moody’s Sees Lower Down-Payment Levels Boosting China Developers
China’s decision just before the holiday to lower down-payment requirements on mortgages is already paying off for the country’s property developers, and is expected to ease access to credit for the sector.
After the People’s Bank of China announced on… Read More>>
Two China Projects Win Top Awards at ULI Event
New urban projects from both Shanghai and Chengdu were recognised as world leaders in property development today when Sino-Ocean Taikoo Li Chengdu and the Jing An Kerry Centre both won top awards at an industry event in the US.
Sino-Ocean… Read More>>
Blackrock Waits for Mainland Opportunities and More China Real Estate Headlines 2015-10-07
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Blackrock Hypes China Opportunities as Market Cools
BlackRock, the world’s largest asset manager, says it is time to actively look for… Read More>>
Chinese Real Estate Goes Hollywood as Gemdale Inks $125M US Deal
Gemdale Properties, one of China’s largest real estate developers, ventured overseas for the second time this week when it entered into a joint venture for a $125 million mixed-use project in Hollywood, California.
Gemdale Properties and Investments, a US-based subsidiary… Read More>>
CITIC Opens JV Medical Facility in Kunming with UK Investor
China took another step towards offering foreign-invested medical facilities today when it opened a new UK-invested healthcare centre in Yunnan province.
The Heythorp CITIC Care Health Centre in Kunming has been established as a joint venture between UK-based Heythorp Healthcare… Read More>>
Time to Take a National Break
China will be on holiday for National Day starting Thursday, October 1st through Wednesday, October 7th, so as patriotic residents of the mainland, Mingtiandi will take a few days break from publication.
Rest assured, however, that Mingtiandi never truly takes… Read More>>
Greater China Real Estate Professionals in the News 2015-09-28
As China gets ready for the October National Day holiday, the region’s real estate companies are still making a few tweaks to their teams in time for the high season. This week a major developer bids adieu to its CFO,… Read More>>
UBS Says Shanghainese Need to Work 140 Extra Hours for Their iPhones
While Hong Kong and Tokyo usually spring to mind as the most expensive cities in Asia, a new report by Swiss banking group UBS shows that, when average wages are factored in, Beijing and Shanghai could actually be less affordable… Read More>>
Nike, Versace and Calvin Go Outlet in Guangzhou as Retail Park Opens
TH Real Estate, the property division of investment giant TIAA-CREF, announced late this week that it had opened its third outlet mall in China, as rising consumption on the mainland continues to drive retail growth.
The 118,000 square metre (1.3… Read More>>
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