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Michael Cole

Billy Lo Cushman & Wakefield

Cushman & Wakefield Appoints Billy Lo to Lead Beijing Office

2014/08/19 by Michael Cole Leave a Comment

Real estate service provider Cushman & Wakefield continues to expand their management team in mainland China, and this week named Billy Lo as General Manager of the company’s Beijing office.

Lo will head the US-based company’s Beijing business after previously… Read More>>

Hangzhou housing prices

China Home Prices Drop in 91% of Largest Cities as Slump Steepens

2014/08/18 by Michael Cole Leave a Comment

The air continued to ease out of China’s housing bubble in July as average home prices slid by 0.9 percent nationwide, according to government figures released today.

Market data released by the National Bureau of Statistics indicated a third consecutive… Read More>>

Fosse Park Leicester

Queen of England in Real Estate JV with Chinese Govt to Buy Mall

2014/08/18 by Michael Cole Leave a Comment

The Crown Estate, which manages the Queen of England’s real estate assets, announced late last week that it had joined with an investment-arm of the Chinese government to buy a shopping centre in the UK for £345.5 million ($576.76 million).

… Read More>>

Eunice Tang The Executive Centre

China Real Estate People in the News 2014-08-18

2014/08/18 by Michael Cole Leave a Comment

This week Fosun takes on some leadership for its new logistics investment division, Dalian Wanda brings on board more international talent, and US mall developer Taubman builds up its leasing team in Shanghai. Read on for more faces in new… Read More>>

Baby Zeng Jie Fantasia Holdings

Developer Fantasia Adjusts Sales Target as Profits Fall 68 Percent

2014/08/18 by Michael Cole Leave a Comment

Hong Kong-listed Fantasia Holdings became the first mainland developer to cut its sales target this year after it announced late last week that it had suffered a 68 percent fall in profits during the first half of 2014.

The Shenzhen-based… Read More>>

Zhou Yongkang

Audit Examines Land Sales as Govt Tracks Down Real Estate Wealth

2014/08/18 by Michael Cole Leave a Comment

As China pushes forward with president Xi Jinping’s anti-corruption drive, the government seems to be paying increasing attention to the country’s real estate market.

In the last four days, three significant steps have been taken to clamp down on corruption… Read More>>

RT-Mart China

China Retail Slowdown Spreads From Boutiques to Big Box Stores

2014/08/18 by Michael Cole Leave a Comment

Same store sales at China’s largest hypermarket chain will fail to grow in 2014, and the owners of the RT-Mart stores blame it on the country’s slowing economy. The announcement from Sun Art Retail Group on August 14th hints that China’s… Read More>>

China real estate investment growth rate

China Housing Sales Drop 10.5% in 2014 as Credit Dries Up

2014/08/14 by Michael Cole Leave a Comment

Housing sales in China dropped 10.5 percent during the period from January to July this year as buyers continue to wait for further price decreases and banks appear to be pulling back sharply on credit.

According to figures released by… Read More>>

Cary Sheih of Cushman & Wakefield

Cushman & Wakefield Expands Research Team in Southern China

2014/08/14 by Michael Cole Leave a Comment

Real estate services agency Cushman & Wakefield continued to expand its China team this week with announcements of new leadership for its research department in Shenzhen and Guangzhou.

The US-based consultancy said in a statement that Cary Sheih has joined… Read More>>

Jewel of Surfer's Paradise

Wang Jianlin Plans $1.57B in Aussie Investments Starting with a Gold Coast Jewel

2014/08/13 by Michael Cole Leave a Comment

Not content with taking on Hollywood, China’s richest man is now headed to Surfers Paradise as Dalian Wanda prepares to invest up to $1.57 billion in Australian real estate projects, starting with a $1 billion beachfront hotel.

In an announcement to… Read More>>

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