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>>
China Real Estate People in the News 2014-04-21
This week China’s real estate community sees a leading player leave to become a holiday home provider, plus some new sales management at Sotheby’s and promotions at JLL, CBRE and C&W. Read on for more details.
Randall Hall is now… Read More>>
Real Estate M&A Deals Up 326 Percent in 2014 as Market Churns
China’s housing sales fell 7.7 percent in the first quarter, the country’s property sector witnessed a record default last month, and some real estate investors couldn’t be happier.
While the nation’s property developers were busy cutting back on new construction… Read More>>
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