China’s central government seems to be getting its wish as investment in the country’s real estate sector slowed in May due to slower sales and tightened credit. Now the challenge remains to encourage healthy economic growth in 2014 without the… Read More>>
Tesla Charges into Deal with SOHO to Power Cars in China
Tesla Motors continued to make inroads into the China market last week when it signed deals with real estate developers SOHO China and China Yintai Holdings to build charging centres in Beijing.
The high-end luxury car maker, whose Model S… Read More>>
Developers Delay Commissions as Real Estate Slows in China
Another sign of tight cashflow has emerged among China’s real estate developers as housing brokers have begun to complain about unpaid commissions.
According to a recent report in the South China Morning Post, large property agencies active in China’s residential… Read More>>
China Logistics Developer Redwood Group Adds Investment Talent
Jonathan McCall has joined regional logistics real estate investment firm The Redwood Group as Investment & Strategy Integration Manager based in Shanghai.
In his new role with the Singapore-based warehouse developer, manager and investors McCall has responsibility for integrating business… Read More>>
Wahaha Goes Boohoohoo in Hangzhou Mall Default
Leasing out retail space is as easy as selling colored sugar water to babies, or at least it looked that way to China beverage magnate Zong Qinghou when he opened his first Waow Plaza mall in Hangzhou in 2012.
Now… Read More>>
Shanghai and Beijing Ranked as More Expensive Than Hong Kong
The cost of living in China’s major cities is now higher than in Hong Kong or Singapore, according to a survey of expatriate cost of living published this week by a global human resources consultancy.
The survey by ECA International… Read More>>
JLL Opens Location in Nanjing as Office Demand Rises
Real estate services firm JLL (NYSE: JLL) this week announced the opening of an office in Nanjing, with Kevin Chan appointed as Managing Director. The new office is JLL’s 12th in mainland China and 15th in Greater China.
As the… Read More>>
Shenyang Latest City to Roll Back Real Estate Curbs
The trend toward easing government policies controlling the real estate market gained a major follower within the last few weeks as Shenyang has reportedly waived restrictions on ownership of multiple homes.
The move was reported today in the Wall Street… Read More>>
22 Percent of Chinese Homes Are Empty Says Research Study
China’s housing market is locked in a three-way face-off between developers who can’t sell new homes, speculators sitting on empty properties bought for high prices, and first-time home buyers who can’t enter the market because of housing costs that outstrip… Read More>>
Land Sales in China Are Down, But Mostly Because They Went Up
China’s land sales fell 45 percent last month compared to the same period last year, but they may still be much more than they used to be.
A recent report from real estate website Soufun.com shows just how much the… Read More>>
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