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Hangzhou housing prices

China Home Prices Drop in 91% of Largest Cities as Slump Steepens

Hangzhou housing prices

2014/08/18 by Michael Cole Leave a Comment

The air continued to ease out of China’s housing bubble in July as average home prices slid by 0.9 percent nationwide, according to government figures released today.

Market data released by the National Bureau of Statistics indicated a third consecutive… Read More>>

The air continued to ease out of China's housing bubble in July as average home prices slid by 0.9 percent nationwide, … Read more>>>

Fosse Park Leicester

Queen of England in Real Estate JV with Chinese Govt to Buy Mall

Fosse Park Leicester

2014/08/18 by Michael Cole Leave a Comment

The Crown Estate, which manages the Queen of England’s real estate assets, announced late last week that it had joined with an investment-arm of the Chinese government to buy a shopping centre in the UK for £345.5 million ($576.76 million).

… Read More>>

The Crown Estate, which manages the Queen of England's real estate assets, announced late last week that it had joined … Read more>>>

Eunice Tang The Executive Centre

China Real Estate People in the News 2014-08-18

Eunice Tang The Executive Centre

2014/08/18 by Michael Cole Leave a Comment

This week Fosun takes on some leadership for its new logistics investment division, Dalian Wanda brings on board more international talent, and US mall developer Taubman builds up its leasing team in Shanghai. Read on for more faces in new… Read More>>

This week Fosun takes on some leadership for its new logistics investment division, Dalian Wanda brings on board more … Read more>>>

Baby Zeng Jie Fantasia Holdings

Developer Fantasia Adjusts Sales Target as Profits Fall 68 Percent

Baby Zeng Jie Fantasia Holdings

2014/08/18 by Michael Cole Leave a Comment

Hong Kong-listed Fantasia Holdings became the first mainland developer to cut its sales target this year after it announced late last week that it had suffered a 68 percent fall in profits during the first half of 2014.

The Shenzhen-based… Read More>>

Hong Kong-listed Fantasia Holdings became the first mainland developer to cut its sales target this year after it … Read more>>>

Zhou Yongkang

Audit Examines Land Sales as Govt Tracks Down Real Estate Wealth

Zhou Yongkang

2014/08/18 by Michael Cole Leave a Comment

As China pushes forward with president Xi Jinping’s anti-corruption drive, the government seems to be paying increasing attention to the country’s real estate market.

In the last four days, three significant steps have been taken to clamp down on corruption… Read More>>

As China pushes forward with president Xi Jinping's anti-corruption drive, the government seems to be paying increasing … Read more>>>

RT-Mart China

China Retail Slowdown Spreads From Boutiques to Big Box Stores

RT-Mart China

2014/08/18 by Michael Cole Leave a Comment

Same store sales at China’s largest hypermarket chain will fail to grow in 2014, and the owners of the RT-Mart stores blame it on the country’s slowing economy. The announcement from Sun Art Retail Group on August 14th hints that China’s… Read More>>

Same store sales at China's largest hypermarket chain will fail to grow in 2014, and the owners of the RT-Mart stores … Read more>>>

China real estate investment growth rate

China Housing Sales Drop 10.5% in 2014 as Credit Dries Up

China real estate investment growth rate

2014/08/14 by Michael Cole Leave a Comment

Housing sales in China dropped 10.5 percent during the period from January to July this year as buyers continue to wait for further price decreases and banks appear to be pulling back sharply on credit.

According to figures released by… Read More>>

Housing sales in China dropped 10.5 percent during the period from January to July this year as buyers continue to wait … Read more>>>

Cary Sheih of Cushman & Wakefield

Cushman & Wakefield Expands Research Team in Southern China

Cary Sheih of Cushman & Wakefield

2014/08/14 by Michael Cole Leave a Comment

Real estate services agency Cushman & Wakefield continued to expand its China team this week with announcements of new leadership for its research department in Shenzhen and Guangzhou.

The US-based consultancy said in a statement that Cary Sheih has joined… Read More>>

Real estate services agency Cushman & Wakefield continued to expand its China team this week with announcements of … Read more>>>

Jewel of Surfer's Paradise

Wang Jianlin Plans $1.57B in Aussie Investments Starting with a Gold Coast Jewel

Jewel of Surfer's Paradise

2014/08/13 by Michael Cole Leave a Comment

Not content with taking on Hollywood, China’s richest man is now headed to Surfers Paradise as Dalian Wanda prepares to invest up to $1.57 billion in Australian real estate projects, starting with a $1 billion beachfront hotel.

In an announcement to… Read More>>

Not content with taking on Hollywood, China's richest man is now headed to Surfers Paradise as Dalian Wanda prepares to … Read more>>>

SM City Chengdu

Filipino Billionaire Braves the Downturn to Launch New Housing Projects

SM City Chengdu

2014/08/13 by Michael Cole 1 Comment

While most real estate developers in China are turning cautious about taking on new housing projects in second and third-tier cities, SM Group’s Henry Sy is announcing new residential developments planned for the cities of Chengdu and Yangzhou.

Sy, who… Read More>>

While most real estate developers in China are turning cautious about taking on new housing projects in second and … Read more>>>

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