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Michael Cole

RMB 39K Per Sqm Deal Shows Ongoing Appeal of Shanghai Land

2014/05/19 by Michael Cole Leave a Comment

Despite sliding real estate prices in recent months and widespread reports of a property bubble, several of the country’s real estate developers showed their ongoing optimism on Friday by bidding up the price of a land plot in Shanghai.

State-owned Poly… Read More>>

Maarten Jan Bakkum

ING and JP Morgan Economists Warn on China Property Slowdown

2014/05/19 by Michael Cole Leave a Comment

The chorus of concern regarding China’s slumping real estate sector gained a couple of new and highly influential voices last week when economists for JP Morgan Chase and ING both warned of risks to the nation’s economy.

According to a… Read More>>

China land sales drop

Land Buys From Top Developers Down 78 Percent in 2014

2014/05/15 by Michael Cole 1 Comment

In the past few weeks three Chinese cities have found ways to loosen restrictions on home sales and the force behind this trend can be found by tracking land purchases by the country’s top real estate developers.

Since China’s home… Read More>>

Pat McGillycuddy of Gazeley

Gazeley Announces 77,000 Sqm Logistics Project in Wuxi

2014/05/15 by Michael Cole Leave a Comment

Logistics real estate developer Gazeley recently announced plans to set up a new 77,000 square metre distribution centre in the city of Wuxi in China’s Jiangsu province as the country’s retail boom continues to fuel demand for logistics space.

According… Read More>>

Thomas Lam Knight Frank

Knight Frank Appoints New Head of Valuation and Consultancy

2014/05/15 by Michael Cole Leave a Comment

Real estate services company Knight Frank recently announced the appointment of Thomas Lam to the position of Senior Director, Head of Valuation & Consultancy, as part of the company’s expansion of its valuation & consultancy division. Lam, who previously headed… Read More>>

Value Retail's Suzhou Village

Mainland Shopping Goes Suburban as Outlet Malls Open

2014/05/15 by Michael Cole Leave a Comment

While strolling through Plaza 66 on a Saturday may still look sexy, China’s label-conscious consumers are rapidly discovering one of the staples of suburban America – the outlet mall.

According to a statement from London-based outlet mall developer Value Retail,… Read More>>

China mortgage policy

China’s Central Bank Tries to Spur Mortgage Lending

2014/05/14 by Michael Cole Leave a Comment

After months of trying to cool down the housing market, China’s government has begun to take steps to revive flagging home sales that have begun to threaten overall economic growth.

On Monday the People’s Bank of China instructed the nation’s… Read More>>

Clement Luk of Centaline

Property Agencies Laying Off Staff in Shanghai as Optimists Turn Gloomy

2014/05/13 by Michael Cole Leave a Comment

Meeting a real estate broker who isn’t optimistic about the market is about as rare as finding cheerful economist, but it seems that even some of China’s biggest property agencies are bracing for a downturn by cutting headcount.

According to… Read More>>

Chen Zhenggao of the Ministry of Housing and Urban Rural Development

RMB 119B Budgeted for Low Income Housing to Prop Up Market

2014/05/13 by Michael Cole Leave a Comment

China took a step designed to both cool down its housing market and perk up its economy last week when it set aside RMB 119.3 billion ($19.2 billion) to build low cost homes.

According to a story in the Wall… Read More>>

CY Leung

CY Leung and Vivek Wadhwa to Speak at HK Real Estate Event Next Week

2014/05/13 by Michael Cole Leave a Comment

The chief executive of Hong Kong and tech entrepreneur-turned-academic Vivek Wadwha are set to headline a real estate conference industry conference next week in Hong Kong which aims at exploring the impact of changes in technology in the development of… Read More>>

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