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Michael Cole

China fake statistics

China Statistics Bureau Vows to Crack Down on Fake Numbers

2014/02/13 by Michael Cole Leave a Comment

China will step up efforts to investigate and punish any cases of falsified statistics, the country’s chief statistician said in remarks published on Wednesday, highlighting the issue of reliability of Chinese data.

The accuracy of economic statistics in general in… Read More>>

China construction bank

China’s Tighter Loan Market May Be Slowing Down Home Sales

2014/02/12 by Michael Cole Leave a Comment

Higher mortgage rates and vanishing loan discounts may make it harder for China’s real estate developers to sell homes this year, as the government continues to rely on financial sector restrictions to slow down the real estate market.

Without introducing… Read More>>

China luxury housing

Rule Changes May Bring Back High-End Home Sales in China

2014/02/12 by Michael Cole Leave a Comment

A change in rules restricting pre-sale of luxury housing in China is likely to drive more high-end transactions in 2014, especially as China’s wealthy individuals confront policies that limit the quantity of homes they can purchase.

As part of… Read More>>

China land prices

Confident Developers Mean Rising Land Prices in China

2014/02/12 by Michael Cole Leave a Comment

While many analysts are predicting tougher times for China’s real estate industry in 2014, at least by one gauge the country’s property developers still believe that there is money to be made.

According to a report in today’s Wall Street… Read More>>

Resorts World Sentosa

Chinese Firm Teams with Sentosa Developer for US$2.2B S Korea Casino

2014/02/11 by Michael Cole Leave a Comment

A Chinese developer is teaming up with the company behind one of Singapore’s Sentosa casinos to invest US$2.2 billion in a new gambling-centred project in South Korea, the companies announced this week.

The joint venture between Genting Singapore Plc and… Read More>>

ram brewery london

Chinese Investment in London Real Estate a Top Global Trend

2014/02/11 by Michael Cole Leave a Comment

Chinese investment in UK real estate didn’t just make headlines in China last year, according to one recent report, the flow of Chinese wealth into downtown London is a top global trend.

Chinese investors were behind a number of attention-grabbing… Read More>>

china louis vuitton

China Anti-Corruption Drive Hits Luxury Brands and Landlords

2014/02/11 by Michael Cole Leave a Comment

Global luxury brands and the mall developers that love them have hit hard times in China as Xi Jinping’s anti-corruption campaign has seen shoppers desert high end stores.

According to a recent report in the South China Morning Post, many… Read More>>

Nanjing IFC

Li Ka-shing-Backed ARA Fund Completes RMB 2.48B Sale of Nanjing IFC

2014/02/10 by Michael Cole Leave a Comment

Real estate services firm Jones Lang LaSalle (NYSE: JLL), announced today that its client – ARA Asia Dragon Fund – had concluded the en-bloc sale of Nanjing International Finance Center to SanPower Group for a total transaction value of RMB… Read More>>

Xinyuan Chairman Zhang Yong

Xinyuan Real Estate Follows Evergrande in Renegotiating Bond Terms

2014/02/10 by Michael Cole Leave a Comment

On 28th January, NYSE-listed Xinyuan Real Estate (XIN) became the second Chinese property developer this year to ask bondholders to allow renegotiation of the debt terms, apparently so that the companies can take on more leverage as credit dries up… Read More>>

Sara Gougarty of Cushman & Wakefield

Cushman & Wakefield Appoints New Retail Tenant Rep Director for China

2014/02/10 by Michael Cole Leave a Comment

US-based real estate services team Cushman & Wakefield announced today the appointment of Sara Gougarty to the position of Director, Retail Tenant Representation, China. Sara joined the company in February, and will be based in Shanghai.

According to a statement… Read More>>

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