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Michael Cole

Guang Group Huizhou

China Top 100 Developer Denies Reports of Collapse

2014/05/08 by Michael Cole Leave a Comment

A Shenzhen-based real estate developer announced on Wednesday that it was not about to collapse, despite being beseiged by unhappy customers after failing to deliver homes which buyers had already paid for.

Shenzhen Guang Group Real Estate, which is said… Read More>>

Xu Jiajun Gemdale

Real Estate Crisis Creates Takeover Opportunity for China’s Insurers

2014/05/08 by Michael Cole Leave a Comment

While China’s real estate industry has been beset by reports of falling prices and slowing sales all of this is apparently good news for the country’s insurance companies, as two of the financial giants compete to take over developer Gemdale… Read More>>

China Vanke Executive Vice President Mao Daqing

China Real Estate Company Profits Down 5.36 Percent in First Quarter

2014/05/07 by Michael Cole Leave a Comment

More than half of China’s listed real estate companies saw profits shrink during the first quarter of 2014, according to recent figures from an independent financial information provider. The country’s once booming property sector has been suffering through one its… Read More>>

311 S Wacker Drive Chicago

Chicago Leads World’s Cities for Outbound Chinese Real Estate Investment in Q1

2014/05/07 by Michael Cole Leave a Comment

While cosmopolitan gateway cities have dominated the headlines about China’s wave of outbound investment in property, a distinctly middle-American metropolis beat out London by 33 percent and smoked Sydney by 91 percent in the race to attract Chinese capital during… Read More>>

Dongja 8 Seoul

Gaw Capital Partners Buys 75 Percent of Korean Commercial Project

2014/05/07 by Michael Cole Leave a Comment

Real estate private equity firm Gaw Capital Partners announced today that it has invested in the office, officetel and retail portions of a twin tower building in Seoul.

Located within Seoul’s Yongsan District, the investment in the Dongja 8 project… Read More>>

Zhiwei Zhang Nomura Securities

Nomura Says China’s Real Estate Market is Already Collapsing

2014/05/06 by Michael Cole Leave a Comment

Forget about whether or not China has a real estate bubble, and stop worrying about if this bubble could burst, Japan’s oldest securities brokerage is contending that the collapse of China’s property industry is already upon us.

According to an article in… Read More>>

Tongling Anhui

3rd Chinese City Relaxes Home Sales Policies Within 10 Days

2014/05/06 by Michael Cole Leave a Comment

The city of Tongling in eastern China’s Anhui province became the fourth community in the country to officially relax government restrictions on home sales over the last ten days, as the Chinese economy grapples with a housing slowdown of increasing… Read More>>

Zhang Yuliang Greenland

Chinese Investment in Overseas Residential Deals Jumps 80% in Q1

2014/05/06 by Michael Cole Leave a Comment

Chinese outbound investment in real estate in the first quarter of this year increased by 25 percent compared to the same period of 2013, but the big story is the 80 percent jump in spending on overseas residential development projects.

… Read More>>

Mao Daqing China Vanke

Vanke Exec Says Home Prices Have Peaked as Revenues Drop 32%

2014/05/05 by Michael Cole Leave a Comment

A top official from China’s largest real estate developer by sales is saying privately that China’s housing market is saturated and there’s no chance of further price increases barring further economic stimulus by the government.

Private comments by Mao Daqing,… Read More>>

Yulong Palace Shanghai

Shanghai Project Cuts Prices as Home Discounts Spread to Top Cities

2014/05/05 by Michael Cole Leave a Comment

The developer of a high-end Shanghai property project last week announced a nearly 30 percent discount on homes in the face of disappointing sales. The price cut comes as the latest sign of weakness in a real estate market which… Read More>>

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