Starting on October 1st, China will be celebrating its National Day, for a week. (We do everything big here on the mainland).
In honor of the occasion, Mingtiandi will be taking its own respite from our daily updates, starting on… Read More>>
Banks Easing Mortgage Policies to Slow China Housing Market Slide
China’s major banks are expected to soon ease requirements for mortgage loans as the country’s government seeks to ease downward pressure on its housing market.
The anticipated move by the country’s big four state-run lenders, was reported yesterday in the… Read More>>
Jean Nouvel-Designed Art Museum Breaks Ground in Beijing
Construction work began this month on the Jean Nouvel-designed National Art Museum of China, on the site of the former Olympic grounds in Beijing.
Pritzker Prize winner Nouvel beat out Frank Gehry and Zaha Hadid in a 2013 competition to… Read More>>
Govt Raids 13 Hebei Developers After Funding Scheme Collapses
94 people were detained in a growing funding scandal involving real estate developers and private lenders in the northern Chinese city of Handan recently as a slowdown in housing sales exposed risky funding practices.
A report in the official Xinhua… Read More>>
Agile Property Trips Over Rights Issue, Falls 7.2%
Real estate developer Agile Property Holdings tumbled more than 7.2 percent on the Hong Kong stock exchange today after it became the third China property firm in 30 days to declare a rights issue.
Guangzhou-based Agile is following hometown competitors… Read More>>
Greenland Group Completes Acquisition of $360M Toronto Project
Shanghai’s Greenland Group has finalised the acquisition of a 67,000 square metre Toronto condominium project as China’s most aggressive overseas developer continues to add to its global portfolio.
The Chinese state-run real estate company acquired the site of the planned… Read More>>
China Real Estate People in the News 2014-09-22
This week China’s real estate community sees a new head of China real estate investment for a major US financial concern, a veteran broker joins JLL to advise Chinese investors on overseas deals and more. Read on for details.
Susan Sun… Read More>>
Morgan Stanley Reorganises Asia Real Estate in Run Up to New Fund
Morgan Stanley is reorganising the management of its real estate investment business in Asia, as the US investment bank prepares to launch a new $500 million to $1 billion property fund in the region.
According to a report in industry… Read More>>
Chinese Entrepreneur Buys Nicklaus-Designed Golf Course in Silicon Valley
Chinese investors have bought a number of high profile overseas assets in recent years, including dropping $500 million for a yacht maker, and buying the Chase Manhattan building in New York for $725 million. Now one Beijing-based entrepreneur has bought… Read More>>
Hang Lung’s Ronnie Chan Gives $20M to USC
Hang Lung Group chairman Ronnie Chan has followed up on his brother’s record breaking gift to Harvard by arranging his own $20 million donation to the University of Southern California.
According to a report on the university’s website, Chan, who… Read More>>
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