SOHO China Limited (410.HK), among the most aggressive and highest profile commercial property developers in China, on April 19th announced theĀ RMB2.47 billion acquisition of a mixed-use site near the Hailun Road station on Shanghai’s metro line 10 Subway in… Read More>>
Chinese Real Estate Shifts Focus to Commercial
As Residential Property Boom Fades, Developers Look to Office and Retail
At recent meetings across China where property developers announced 2010 financial results, confident real-estate executives told their investors about an important, and collective, shift in business strategy: From… Read More>>
Invest in a Software Company to Play China’s Real Estate Market
While China has recently been working to move non-real estate related state-owned enterprises out of the property market, it seems that everybody else, whether they make widgets or software are trying to get a piece of the real estate action.
Yuzhou Properties Announces Net Profit Jumped 88.5% for 2010
Yuzhou Properties Company Limited, a leading Fujian-based property developer in China, announced on April 1, 2011 the audited annual results of the company and its subsidiaries for the year ended 31 December 2010.
According to a prepared statement by… Read More>>
SOHO China Buys Project in Shanghai’s JingAn District
SOHO China announced on April 1st, that an agreement had been reached with Shanghai JingAn Real Estate Co to acquire an 81,000 sqm commercial real estate project currently in progress in Shanghai’s Caojiadu area for RMB 1.6 billion.
According to… Read More>>
Wal-Mart Joins Retailer Migration into China Real Estate
A report on Bloomberg today announced that Wal-Mart is the latest retailer to take steps toward developing its own sites in China. This news follows moves in recent months by TESCO, IKEA and other retailers to develop shopping malls and… Read More>>
Mixed Reviews for Real Estate in China’s Third Tier Cities
Two news items today provided conflicting stories on the returns available for investors in China’s emerging cities. First CBRE issued a new research report showing high vacancy levels for office developments in China’s second and third-tier cities, while on the… Read More>>
3 Floors in the SWFC Sold at RMB 82,000 per SQM
According to media reports on March 22nd, floors 69, 70, and 71 of the Shanghai World Financial Centre (SWFC), the tallest building in Shanghai, were sold for a total of RMB 769 million. Given the size of floors sold, the… Read More>>
HSBC and Tesco Team Up to Buy China Malls for $280M
An HSBC Specialist Investments-managed fund has teamed up with Tesco and the Singapore-listed Metro Holdings to buy three shopping malls in China for $280m.
The second joint-venture investment between the HSBC NF China Real Estate Fund, Metro and Tesco, has… Read More>>
Marks & Spencer Commits to Store at Shanghai City Center
Treasury Holdings today announced that a 10 year lease pre-commitment for 3,768 square metres of retail space has been secured from global retail chain Marks & Spencer as an anchor tenant of its City Center property in Shanghai.
Marks &… Read More>>
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