At least one investment firm has made its position clear on where money is headed this year, and according to fund manager Harvest Real Estate Investment that direction is out of China.
According to a story in the Wall Street… Read More>>
China Real Estate Professionals in the News 2014-04-28
It’s promotion week here in China’s real estate community with multiple agency executives getting bumped up the ladder, plus new leadership at Citic and a new head of asset management for JLL in Greater China. Read on for details.
Jeff… Read More>>
Shenzhen Online Music HQ Designed to Visualise Downloads
Listening to downloaded music has been around for decades, but now – thanks to a Guangdong-based architecture firm – you can see the music that you’re downloading. (But only if you’re walking past the headquarters of the right online music company… Read More>>
China’s Lenders Scaling Back Loans to Real Estate Industry
The cutback in credit to China’s property sector was spelled out by the country’s central bank on Friday, when new figures revealed that growth in loans dropped 1.57 percent in the first quarter of this year.
According to a statement… Read More>>
Chengdu Leads the World with Over 1M Sqm of New Mall Space
China led the world in new shopping space in 2013 with nine of the ten leading cities for new mall completion coming from China, according to a recently published report.
The study by real estate services company CBRE found that… Read More>>
Wuxi Turns to Out-of-Towners to Stoke Housing Market
One eastern Chinese city has found a quick solution for propping up a declining housing market – creating more residents.
According to a report in the Wall Street Journal, Wuxi in Jiangsu province has begun relaxing the requirements for securing… Read More>>
Citic Ties Up With European Mall Manager to Serve China Retail Centres
Chinese investment firm Citic Capital Holdings Limited and Portuguese mall operator Sonae Sierra recently announced a new joint venture to lease and manage shopping centres in China. The new company intends to provide services to the owners of the millions… Read More>>
Shanghai Cutting Industrial Land Grants to 20 Years with New Rules
In a shift with major implications for Shanghai’s manufacturing sector and for the prospects of logistics developers, the government of China’s commercial capital is readying sweeping changes in industrial land use rights, that include cutting back land use terms to… Read More>>
New World’s K11 Appoints JLL to Lease 257k Sqm Shenyang Mall
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>>
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