This week China’s real estate professionals continue to be on the move and on the way up, with two more promotions at JLL, and moves up at mall developer K11 as well as a new face with DTZ’s valuation department… Read More>>
China Housing Prices Fall in 55 Out of 70 Cities
China’s housing market is now sliding nationwide, as government statistics released on Friday show falling home prices have spread to 55 of 70 cities surveyed. The drop in housing sales and average prices comes as developers struggle with a glut… Read More>>
National Auditors Allege RMB9.37B Fraud and Abuse in Public Housing
China recently set aside RMB 119.3 billion ($19.2 billion) to provide affordable housing for its middle-class, but the program seems to first be creating opportunities for massive fraud and abuse of funds.
The country’s National Audit Office issued a statement… Read More>>
Lust for Real Estate (and Porn) Fells Chinese Officials
Details of the downfall of another set of local officials felled by the Xi Jinping government’s anti-corruption campaign were released last week, and once again the misbehaving bureaucrats were accused of accumulating vast real estate holdings. (As well as a… Read More>>
SOHO China Owners Give $15M for Harvard Scholarships
China’s real estate elite continued to build bridges with the US this week when Zhang Xin and Pan Shiyi – the flamboyant couple behind developer SOHO China – announced a $15 million gift to Harvard University.
The pair of property entrepreneurs donated… Read More>>
Chinese Developer to Buy 60% of Singapore REIT IPO
The real estate billionaire behind a Shanghai shopping mall and hotel plans to buy up the majority of an upcoming Singapore REIT offering as China’s property developers continue to look for ways to invest their wealth overseas.
According to a… Read More>>
Mystery Mainland Developer Plans NYC Tower for China Buyers
A new 380,000 square foot (35,303 square metre) tower in Midtown Manhattan was just announced today, and its developers — one of which appears to represent anonymous mainland investors — appear set on turning Chinese capital into New York profits.
Real Estate Investment Skid Slowing Down Land Prices
Investment by China’s real estate developers continued to slow during June, as the industry is squeezed between rapidly growing inventory and dropping demand, according to government statistics released today.
And these difficulties facing property firms are rapidly spreading to the… Read More>>
LaSalle Raises $1B to Invest in Asian Real Estate
Despite signs of a downturn in Asian property markets, the region’s real estate sector received another vote of confidence from international investors this week, when LaSalle Investment Management announced its successful recruitment of $1 billion in new equity for investment… Read More>>
Guangzhou Party Leader’s Fall Tied to Corrupt Real Estate Deals
Late last month Guangzhou Party Secretary Wan Qingliang became one of the highest level Chinese officials to lose his job amidst the country’s current anti-corruption campaign, and China media sources are now alleging that a history of dirty real estate… Read More>>
- « Previous Page
- 1
- …
- 371
- 372
- 373
- 374
- 375
- …
- 514
- Next Page »