After signing a daring deal in February to launch a US$2.2 billion resort and casino on Korea’s Jeju Island, the chairman of a little known Chinese real estate developer raised HK$661 million (US$85 million) to develop the project. Now, however,… Read More>>
Chinese Help Drive 33 Percent Jump in Australian Home Prices
China’s hunger for overseas real estate is pushing Australian home prices to record levels as the wealthy Chinese look for alternatives to increasingly unstable markets at home.
According to a recent report from property information provider RP Data and Rismark,… Read More>>
Greentown Chief Blames Govt as He Sells Stake in Developer
The chairman of a Hangzhou-based real estate developer blamed “stupid officials” for the hard times that have forced him to sell out his controlling stake in Greentown China to Sunac Holdings, in a transaction valued at HK$6.3 billion (US$813 million).
10 of 17 Economists Say Real Estate Will Help China’s GDP Grow in 2014
Although the headlines have been filled with stories of China’s real estate slowdown, a majority of economists surveyed believe that the sector will continue to contribute to the nation’s economic growth this year.
In a recent poll of economic experts… Read More>>
China Real Estate Professionals in the News 2014-05-26
This week China’s real estate community seems to have settled down after over a month of promotions for the favored few and job hopping for the unpromoted. Or maybe its just the change in the weather. Anyway, read on to… Read More>>
Soft-Serve Snakeskin Design Revealed for Vanke 2015 Expo Pavilion
China Vanke is set to be the first Chinese company to have its own pavilion at a world’s fair, and the design for the Expo Milan 2015 event seems sure to help the developer get noticed.
A ground breaking ceremony was… Read More>>
Govt Said Set to Ease Housing Restrictions in More than 30 Cities
China’s government signalled that it is eager to revive the country’s housing market on Friday when the official China Securities Journal reported that the central authorities would allow cities to ease policy restrictions on home sales depending on market conditions.
Chinese Golf Course Developer Buys SF Landmark for $350M
The former Standard Oil Building at 225 Bush Street in San Francisco changed hands this week for the second time in two years, passing from a German investment fund to Chinese real estate group in a transaction valued at $350… Read More>>
China’s First “REIT” Starts Trading on Shenzhen Exchange
Qihang Specific Asset Management Plan doesn’t trade like REIT, and it’s not taxed like a REIT, but investors eager for an alternative investment vehicle in China’s stunted finance market are willing to call it a REIT, and it technically began… Read More>>
Singapore’s Markets Still Love Chinese Developer Bonds
Much of the world may be holding its breath waiting for the next Chinese developer to fail, but investors in Singapore seem to still have a healthy appetite for debt from China’s real estate firms.
According to a story in… Read More>>
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