Four out of twenty-two projects qualifying for the final round in an annual competition for the world’s finest real estate developments come from Greater China, with the mainland ranking behind only the US in the contest conducted by the Urban… Read More>>
Greater China Real Estate People in the News 2015-07-20
This week’s job changes among Greater China’s real estate professionals centre on Hong Kong and Singapore, with the mainland seeming to take a holiday from taking on new roles. In Singapore we have one shed specialist changing companies after 20… Read More>>
Moody’s Dings Evergrande for $839M in Chengdu Acquisitions
One of China’s most aggressive real estate developers took a HK$6.5 billion ($839 million) bet on the Chengdu market last week, and promptly saw its decision criticised by credit agency Moody’s Investors Services.
Evergrande Real Estate, which is run by… Read More>>
China Home Prices Rise for 3rd Straight Month
Average home prices rose for the third straight month in China during June, as the country’s consumers regain their appetite for real estate following a one year slowdown in the market.
The average price per square metre for new housing,… Read More>>
CIC Teams with AEW to Close on $1.44B European Mall Portfolio
China Investment Corporation (CIC) has joined with investment manager AEW Europe to acquire a fleet of 10 malls in France and Belgium from CBRE Global Investors for €1.3 billion ($1.44 billion).
The retail acquisition is believed to be the largest… Read More>>
Shui On Said Selling Corporate Avenue Phase 3 for RMB 3.57 Bil
For the second time in one week, Shui On Land is said to be close to selling a prime office project in Shanghai, this time for a reported RMB 3.57 billion ($575 million).
The project on the block this week… Read More>>
Wanda Locks Up $2.5b in Acquisitions, Aims for $200b Market Cap
Asia’s richest man, Wang Jianlin, took his Dalian Wanda Group from a little known property developer to China’s biggest builder of malls in just over a decade. But now the billionaire, whose real estate business enjoyed Hong Kong’s biggest IPO… Read More>>
Investment Requirements for EB-5 Visas Slated to Rise 60%
The US’ EB-5 investor visa program is set to expire on September 30th this year, and while it is expected to be renewed, the new version of the popular pathway to US residency (and source of investment funds) is due… Read More>>
Chinese Move Out of Stocks into Real Estate in Q2
The 30 percent drop in China’s major stock exchanges from the mid-June until last week has hurt public trust of the markets, but a recent survey shows that many local investors had already turned from shares to real estate even… Read More>>
Greater China Real Estate People in the News 2015-07-13
This week Greater China’s community of real estate professionals continues to keep on the move with a shed specialist turning to private equity, a former forklift champ moving from retail into clean air, and much more. Read on for more… Read More>>
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