Smart brokers know the value of a good contact list when you need to close deals. But not many are clever enough to use their WeChat contacts to sell $13 million in homes to clients they have never met before… Read More>>
Greenland Group Signs Deal with CP to Build Homes in Thailand
Shanghai-based Greenland Group continues to set the pace among China’s international real estate developers by inking an agreement with one of Thailand’s largest conglomerates to develop luxury properties in the Southeast Asian nation.
The agreement between Thailand’s Charoen Pokphand (CP)… Read More>>
China Asset Prices Stump Nobel Prize Winner Robert Shiller
Nobel Prize winning economist Robert Shiller, who correctly predicted the 2000 tech stock crash as well as the 2008 subprime crisis, was in China last week, and even one of the world’s great financial minds wasn’t sure what to think.
Protests Over Developer Discounts Bring Out the SWAT Team in Zhejiang
Eastern China’s Zhejiang province could be in for more trouble as the SWAT team was called in to calm protests that erupted in the city of Taizhou after property developers began discounting home prices by 30 percent late last month.
Did a Failed Tysan Privatisation Send Blackstone Asia Chief Packing?
Blackstone Group LP last week let its team know that Michael Chae, the chief of Asia private equity for the alternative investment giant, would be returning to New York to resume his former job as head of media and communications… Read More>>
Shenzhen Airport Becomes World’s Biggest Colander as Rain Rushes In
When it opened last year, Terminal Three at Shenzhen’s Bao’An International Airport was hailed as a milestone in China’s improving design universe, with a ground-breaking honeycomb skin that filled the structure with natural light.
Unfortunately, while the design may have… Read More>>
Vanke Sales Slide 5 Percent in March as Transactions Slow Down
If the performance of Vanke (000002.SZ) represents a best-case scenario for the nation’s housing market, then the industry has fallen by at least five percent in the last year, according to financial data released last week by China’s largest real… Read More>>
China Real Estate People in the News 2014-04-07
This week Greater China’s real estate world sees a flurry of moves with Mapletree fortifying its Shanghai team, Dutch design firm MVRDV stepping up its mainland presence and even Coco Lee taking on a business development role. Read on for… Read More>>
Greenland Picks Up 2 New Sydney Sites to Build More Chinese Homes
Greenland Group announced recently that it has acquired two more parcels of land in Sydney, Australia as China’s most aggressive international real estate investor brought its basket of major overseas projects purchased this year to six.
The Shanghai-based property developer… Read More>>
Tencent and E-House Team Up with Zillow: Weep for Soufun
New York Stock Exchange-listed Soufun (NYSE:SFUN) is the leading residential real estate portal in China and made $637.38 million last year, mostly from helping Chinese real estate developers and agents market properties through banner advertising on the site’s home page.
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