Leading Hong Kong developer New World Development Company Limited has selected real estate consultancy JLL to help lease its Shenyang K11 Art Mall. The retail development will be the biggest shopping mall in one of China’s best supplied markets when… Read More>>
Growth of China’s Shadow Banks Slows by 36% in Q1
Assets managed by China’s trust management firms grew at only 64 percent of their average rate during the first quarter of 2014, as the country’s shadow-banking industry struggled with worried customers, declining returns, and new competition from online funds.
Government-backed… Read More>>
Five Out of Ten Biggest Chinese Fortunes Come from Real Estate
Forbes China just released its 2014 Rich List, detailing the fortunes of the 290 richest Chinese tycoons, and found that five out of the top ten fat cats come from the real estate sector, with two more owning development companies.
Knight Frank Partners with REPro for Taiwan Market
International real estate consultancy Knight Frank today announced a new partnership with Taiwan’s REPro International to extend the UK-based company’s brand and services into the Taiwan market.
Under the partnership with the local Taiwanese property brokerage and consulting firm, the… Read More>>
Vanke Takes a Healthy Gamble on China’s Hospital Sector
China’s largest real estate developer by sales is getting ready to sell beds, instead of just houses, as Vanke announced this week that it plans to enter the nation’s hospital industry.
Speaking at a conference on Sunday, Wang Shi, the… Read More>>
Chinese Company “Prints” Ten Houses in One Day
Many historians can tell you that the Chinese invented typesetting hundreds of years before Gutenberg, and now it appears that a company from the Middle Kingdom is leading the way in printing whole houses.
Shanghai’s WinSun Decoration Design is now… Read More>>
LaSalle Sells Chengdu Logistics Project to Ping An
An investment fund belonging to LaSalle Investment Management has agreed to sell its 100 percent share in a 90,000 square metre warehouse project in Chengdu, Sichuan province, to Ping An Real Estate as demand for logistics assets in China continues… Read More>>
Shui On Land Forced to Deny Reports of Ciros Plaza Deal
Struggling real estate developer Shui On Land ran into more trouble last week as it was forced to deny reports that it was preparing to spend RMB 3 billion, (US$482 million) to buy a commercial project on Shanghai’s Nanjing Road… Read More>>
Nanjing Developer Defaults as China Real Estate Credit Crunch Continues
China’s real estate industry witnessed its second significant default in less than a month last week when a Nanjing property developer failed to repay a RMB 105.4 million (US$16.9 million) inter-company debt from a Shenzhen-listed shipbuilder.
The default on a… Read More>>
Paris Architect Designs Zhangjiang Data Centre to Mimic Motherboard
French design firm Silvio d’Ascia Architecture recently completed a 94,000 square metre data centre in Shanghai’s Zhangjiang High Tech Park made to follow the design of a computer motherboard.
Belonging to the Shanghai Futures Exchange, the data centre sprawls over… Read More>>
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