This week Greater China’s real estate community begins to see the impact of two major property consultancies merging, as a senior player takes on new responsibilities. Also, two agency veterans find new homes on the other side of the table,… Read More>>
China’s HNA Group Buys Reuters HQ Building in London
HNA Group, the parent company of China’s privately owned Hainan Airlines, jumped into the London real estate market this week by purchasing a ten-storey tower that is Reuters news agency’s European home.
HNA, which is chaired by Hainan Airlines founder… Read More>>
Housing Market Heats Up During China’s Hottest Month
Monthly growth in average home prices in China grew to 0.95 percent during August as the country’s housing market heated up during a traditionally slow sales month.
The average price across 100 of China’s biggest cities grew to RMB 10,787… Read More>>
China Cuts Home Purchase Down Payment to 20% to Revive Market
In a surprise move to boost home sales, China’s government has cut down payment requirements for purchases of additional homes to 20 percent from 30 percent in most cities, for buyers who do not have loans on their existing properties.
Improving Sales Lift Outlook for Biggest Chinese Developers
China’s listed property developers are issuing their financial results for the first half of 2015, and the reports show an industry continuing to consolidate, even as the housing market rebounds.
With more than 60 property firms having reported on their… Read More>>
Greater China Real Estate People in the News 2015-08-31
Mingtiandi has come back online just in time to catch a fresh batch of job moves as an agency veteran makes the jump to private equity, a two soon-to-be-merged firms begin to see staff getting itchy feet, and a development… Read More>>
Hyatt Heir Teams with China’s Wanxiang Group for $1B in US Hotel Deals
Geolo Capital, the private equity firm controlled by Hyatt heir John Pritzker has announced a partnership with Wanxiang America to invest up to $1 billion in US hotels.
Wanxiang America, the US branch of Hangzhou’s Wanxiang Group, is already one… Read More>>
Major Cities Continue to Lead China Housing Recovery in July
China’s housing prices continued to rise for the fourth straight month in July, according to an official government survey, with the country’s largest cities showing the fastest price increases.
A report on China’s real estate market by the National Bureau… Read More>>
Celebrating Mingtiandi 2K With Two Weeks in the USA
What you’re reading is the 2,000th blog post at Mingtiandi – just the latest increment in several thousand hours spent building China’s first online real estate intelligence platform in English, but still a milestone that I’m glad to share with… Read More>>
The Link REIT Signs $516M Club Loan to Fund Corporate Avenue Deal
Hong Kong’s Link REIT this week announced the signing of a HK$4 billion ($516 million) credit facility with seven major banks, as the real estate investment trust finalises arrangements for its $1.06 billion acquisition of a Shanghai commercial complex.
The… Read More>>
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