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Icy Ip Wing Lung Bank

China Real Estate People in the News 2014-11-24

Icy Ip Wing Lung Bank

2014/11/24 by Michael Cole Leave a Comment

This week Hong Kong’s developers seem to be on a hiring spree, taking up three of the seven places on the list of new hires. Gains by the big builders appear to be offset by losses at a major property… Read More>>

This week Hong Kong's developers seem to be on a hiring spree, taking up three of the seven places on the list of new … Read more>>>

Sheraton on the Park Sydney

China’s Sunshine Insurance Buys Sydney Sheraton Hotel for $401M

Sheraton on the Park Sydney

2014/11/24 by Michael Cole Leave a Comment

Hospitality group Starwood Hotels & Resorts Worldwide announced on Friday that it had sold its Sheraton on the Park in Sydney, Australia to China’s Sunshine Insurance Group Corporation for A$463 million (US$401 million).

The acquisition continues a number of major… Read More>>

Hospitality group Starwood Hotels & Resorts Worldwide announced on Friday that it had sold its Sheraton on the Park … Read more>>>

Zhou Xiaochuan PBOC

PBOC Cuts Interest Rates to Spark Sagging Real Estate Sector

Zhou Xiaochuan PBOC

2014/11/23 by Michael Cole Leave a Comment

In a surprise move late on Friday, China’s central bank cut interest rates for the first time in more than two years, and the move appears largely aimed at spurring real estate sales.

The People’s Bank of China’s (PBOC) announcement… Read More>>

In a surprise move late on Friday, China's central bank cut interest rates for the first time in more than two years, … Read more>>>

Darren Jensen REACh

Darren Jensen Joins Real Estate Academy as Commercial Director

Darren Jensen REACh

2014/11/23 by Michael Cole Leave a Comment

China’s real estate community may soon have more opportunities to get smarter as one of the region’s best known professional training groups just brought on board former Royal Institution of Chartered Surveyors leader Darren Jensen to its executive team.

Starting… Read More>>

China's real estate community may soon have more opportunities to get smarter as one of the region's best known … Read more>>>

Greg Goodman China

Goodman and CPPIB Boost China JV Capital to $2B

Greg Goodman China

2014/11/20 by Michael Cole Leave a Comment

Goodman Group and Canada Pension Plan Investment Board (CPPIB) announced today that they are adding $500 million more in equity to their China joint venture, as investors continue to be encouraged by the returns from China’s logistics real estate sector.

In… Read More>>

Goodman Group and Canada Pension Plan Investment Board (CPPIB) announced today that they are adding $500 million more in … Read more>>>

MAPIC China

MIPIM Organiser Announces China Retail Real Estate Show for 2015

MAPIC China

2014/11/20 by Michael Cole Leave a Comment

China’s retailers, mall developers and consumption consultants will have another opportunity to trade namecards and talk deals next year when the organiser of Europe’s biggest real estate trade show rolls out a retail real estate event in Shanghai.

MAPIC China,… Read More>>

China's retailers, mall developers and consumption consultants will have another opportunity to trade namecards and talk … Read more>>>

counting RMB

China Rationalising Outbound Capital Flows as Investors Head Overseas

counting RMB

2014/11/19 by Michael Cole Leave a Comment

One of the great mysteries of the boom in purchases of international real estate by Chinese investors has been how all of the cash for these purchases gets overseas from a country where capital accounts and foreign exchange are strictly… Read More>>

One of the great mysteries of the boom in purchases of international real estate by Chinese investors has been how all … Read more>>>

Xu Jiayin bottled water

Evergrande Tries Out the Media Biz by Acquiring HK Publisher for $122M

Xu Jiayin bottled water

2014/11/19 by Michael Cole Leave a Comment

One of China’s biggest real estate developers decided to trade in bricks and mortar for paper and ink recently, when Evergrande Real Estate Group announced that it would invest HK$950 million ($122.5 million) to acquire a Hong Kong magazine company.

… Read More>>

One of China's biggest real estate developers decided to trade in bricks and mortar for paper and ink recently, when … Read more>>>

China Home Prices Continue Half-Year Slide in October

2014/11/18 by Michael Cole Leave a Comment

Continuing a decline that started in May, China’s new home prices fell an average of 0.78 percent in October, after looser credit rules and policy reversals helped to avoid a freefall in the country’s real estate market. The figures published… Read More>>

Continuing a decline that started in May, China's new home prices fell an average of 0.78 percent in October, after … Read more>>>

Shanghai FTZ

Shanghai FTZ to Allow Chinese Individuals to Invest Overseas

Shanghai FTZ

2014/11/17 by Michael Cole Leave a Comment

In a policy breakthrough, Shanghai’s party chief announced yesterday that the city’s free trade zone intends to enable Chinese citizens to directly invest overseas for the first time.

“One of our key objectives is allowing qualified individuals within the free… Read More>>

In a policy breakthrough, Shanghai's party chief announced yesterday that the city's free trade zone intends to enable … Read more>>>

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