Asia real estate and outbound investment news
Two studies released last week pointed to a rebound in China’s residential real estate market, with real estate agents in 80 percent of 40 cities polled reporting strong sales of new homes over the previous week.
The first study, by China… Read More>>
HSBC released its latest Purchasing Manager’s Index (PMI) this week and this index of manufacturer confidence and economic health hit a seven-month low. And just in case that news isn’t bad enough, the New York Times today reported that the… Read More>>
China will have more shopping centre space than Western Europe in 5 to 10 years, as developers race to build glitzy malls for the country’s fast-growing middle classes, according to a recent report by real estate consultancy CBRE.
However, while… Read More>>
Since China gradually began pumping the brakes on an overheated housing market two years ago it has been waiting for the economy to move away from a dependence on land and housing sales. The desired transformation finally started to hit… Read More>>
Credit rating agencies Moody’s and S&P (who, for those of us with memories, are experts on economic disasters) see gloomy times ahead for China’s real estate developers. In recent reports from the two agencies both predict credit problems for China’s… Read More>>
While Bo Xilai’s fall from power has already begun to fade from the world’s headlines, it may still be bringing some unhappy news for real estate investors in the city. It seems that as part of Bo’s program of raising… Read More>>
Given the double-digit growth in consumer spending in China over the last few years, it is no surprise that retail real estate is generally regarded as the hottest sector of the country’s property market. Unless, of course, you are Canadian.
As… Read More>>
China’s largest real estate developer, Vanke announced last week that it sold 57 percent more homes in March 2012 than in the same month last year. And during the same week, number two developer, Poly Real Estate trumpeted that its… Read More>>
In the latest sign of the pressures that China’s restrictions on residential real estate are putting on the nation’s property developers, SOHO China CEO Zhang Xin now contends that the greatest threat to the nation’s development comes from government policies.
The big China business news last week was the surge in share values for real estate developers, as investors see signs that the country is starting to loosen its restrictions on the residential real estate market. However, a recent survey… Read More>>
