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220-220 George St Poly

Poly Real Estate Eyes More Australian Office Investments

220-220 George St Poly

2016/09/05 by Cheyenne Hollis Leave a Comment

Poly Australia, Shanghai-listed Poly Real Estate’s Australian arm, is looking for A-grade office investments in Melbourne’s CBD, according to The Australian. The news comes less than two months after the developer purchased a pair of buildings near Sydney’s Circular Quay… Read More>>

Poly Australia, Shanghai-listed Poly Real Estate’s Australian arm, is looking for A-grade office investments in … Read more>>>

Rushabh Desai

Rushabh Desai Named Head of Asia Pacific at Allianz Real Estate

Rushabh Desai

2016/09/05 by Michael Cole Leave a Comment

European heavyweight Allianz Real Estate has hired Rushabh (Rush) Desai to head its Asia Pacific business, where the long-time General Electric executive will be reunited with his former boss Francois Trausch, who now runs Allianz Real Estate globally.

Desai joins… Read More>>

European heavyweight Allianz Real Estate has hired Rushabh (Rush) Desai to head its Asia Pacific business, where the … Read more>>>

Matt Bennion

Asia Real Estate People In The News 2016-09-05

Matt Bennion

2016/09/05 by Cheyenne Hollis Leave a Comment

September is here and the start of the month also sees a number of Asia’s real estate professionals starting new jobs. The moves this week include a familiar face taking over as CEO for Asia at design firm Arcadis,  and… Read More>>

September is here and the start of the month also sees a number of Asia’s real estate professionals starting new jobs. … Read more>>>

WeWork Hong Kong

WeWork Opens in Hong Kong with Funding, Brand Power and Uncertainty

WeWork Hong Kong

2016/09/03 by Cheyenne Hollis Leave a Comment

WeWork opened its doors in Hong Kong for the first time on Thursday as the US co-working startup continues its expansion into Asia. The company’s initial foothold in the Asian financial centre occupies nearly 100,000 square feet (9,290 square metres)… Read More>>

WeWork opened its doors in Hong Kong for the first time on Thursday as the US co-working startup continues its expansion … Read more>>>

Henry Cheng New World

China’s SOEs Push Aside HK Tycoons and More Asia Real Estate Headlines

Henry Cheng New World

2016/09/03 by Michael Cole Leave a Comment

The four families that control much of Hong Kong’s property market could soon be pushed aside by faceless mainland conglomerates as a buying spree by state-run enterprises continues to reshape the Asian financial hub. In other news, Wanda boss Wang… Read More>>

The four families that control much of Hong Kong’s property market could soon be pushed aside by faceless mainland … Read more>>>

Bernard Ong Knight Frank

Knight Frank Chooses Bernard Ong to Head Beijing Office

Bernard Ong Knight Frank

2016/09/03 by Michael Cole Leave a Comment

Knight Frank has named agency veteran Bernard Ong to run its Beijing office as well as serving as head of project management for China. The senior hire is the third top level addition to Knight Frank’s China team in the… Read More>>

Knight Frank has named agency veteran Bernard Ong to run its Beijing office as well as serving as head of project … Read more>>>

Shanghai home sales

Fear of Down Payment Hike Drives 93% Jump in Shanghai Home Sales

Shanghai home sales

2016/09/01 by Cheyenne Hollis Leave a Comment

The amount of new housing sold in Shanghai jumped 93 percent last week as fears of a jump in down payments drove home sales to more than 5000 units in one of China’s most expensive real estate markets. The number… Read More>>

The amount of new housing sold in Shanghai jumped 93 percent last week as fears of a jump in down payments drove home … Read more>>>

Wuxi Jiangsu province

China’s Housing Boom Returns to Second-Tier Cities as Govt Clampdown Looms

Wuxi Jiangsu province

2016/09/01 by Cheyenne Hollis Leave a Comment

New home prices in 100 major Chinese cities climbed 2.71 percent in August and have increased 13.75 percent during the past year. More cities have hiked down payment requirements and put other buying restrictions in place to curb soaring prices… Read More>>

New home prices in 100 major Chinese cities climbed 2.71 percent in August and have increased 13.75 percent during the … Read more>>>

Xiamen China

Xiamen China’s Latest City to Restrict Home Sales and More Asia Real Estate Headlines

Xiamen China

2016/09/01 by Michael Cole Leave a Comment

Home purchase restrictions are back in fashion in China as cities try to put the brakes on the property roller coaster. Also in the news, Singapore’s CapitaLand Group has begun managing other people’s malls in China, and Xu Jiayin’s Evergrande… Read More>>

Home purchase restrictions are back in fashion in China as cities try to put the brakes on the property roller coaster. … Read more>>>

Xu Jiayin Evergrande

Evergrande Profits Drop 23% as Debts Climb to $57B

Xu Jiayin Evergrande

2016/09/01 by Cheyenne Hollis Leave a Comment

Evergrande Real Estate’s core net profits fell by 23 percent in the first half of 2016 as an increase in revenue was unable to offset a range of higher costs. Total borrowings for China’s most highly levered developer jumped to… Read More>>

Evergrande Real Estate’s core net profits fell by 23 percent in the first half of 2016 as an increase in revenue was … Read more>>>

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