The chairman of Kaisa Group Holdings, Kwok Ying-shing, resigned from his posts with the China real estate developer after government actions and questions about the company’s viability caused its shares to slide more than 34 percent in the last few… Read More>>
November Housing Sales Reach 2014 Highs But Investment Slows to 5-Year Low
China’s attempts to rekindle its real estate industry began to show some results in November, when home sales reached their highest point of 2014, after the central bank spurred more mortgage lending.
According to November home sales figures from the… Read More>>
Chinese Developer Sets Local Price Record in HK Land Buy
After nearly twenty years of boom times, China’s real estate developers are known for their optimism, and this positive market outlook was revealed again this week when state-owned developer China City Construction (International) set a new local record for a… Read More>>
Chinese Insurers Bid $1.3B for European Real Estate as Deal Wave Continues
Following close on the heels of Bank of China’s agreement last week to buy a New York tower for $600 million, two more major Chinese institutions are said to be bidding for overseas real estate assets, with the total value… Read More>>
Chinese Luxury Hotel Group Agrees to Buy Bordeaux Wine Estate
A hotel company belonging to a Chinese billionaire has agreed to buy a 37-hectare French chateau and vineyard in the Bordeaux region as the country’s nouveau riche progress from drinking wine to buying whole estates.
According to a report on… Read More>>
Bank of China Buys 30-Storey New York Tower for Nearly $600M
China’s hunger for real estate in global gateway cities was demonstrated again this week when word leaked that the Bank of China is purchasing a Manhattan office tower for a sum said to approach $600 million.
The big four Chinese… Read More>>
What If Wanda’s Marked Down $3.8B IPO Isn’t Cheap Enough?
After ratcheting down the size of its Hong Kong initial public offering this week, China’s Dalian Wanda Commercial Properties has attracted enough buyers on the first day of order taking to sell out the entire $3.8 billion in shares.
The Beijing-based… Read More>>
Building One New Mall a Year is Easy if You’re Real Estate’s Brad Pitt
Every city where Ronnie Chan’s Hang Lung Properties opens a new mall, there are at least 15-25 other shopping centres being built, according to his own estimates. But the chairman of the Hong Kong-listed developer of Shanghai’s Plaza 66 and… Read More>>
China Warehouse Market the Top-Ranked APAC Real Estate Opportunity
Despite a well-documented decline in China’s real estate market during 2014, the country’s most mundane buildings have just been voted the most exciting investment opportunity by property professionals across the region.
The logistics real estate sector – the world of… Read More>>
China Real Estate People in the News 2014-12-08
As the Christmas holiday approaches it appears that, at least for a few of China’s real estate professionals, the new year will bring a little extra cheer, thanks to new jobs and promotions. This week we have a new head… Read More>>
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