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Hangzhou housing

China Housing Prices Fall in 55 Out of 70 Cities

Hangzhou housing

2014/07/21 by Michael Cole Leave a Comment

China’s housing market is now sliding nationwide, as government statistics released on Friday show falling home prices have spread to 55 of 70 cities surveyed. The drop in housing sales and average prices comes as developers struggle with a glut… Read More>>

China's housing market is now sliding nationwide, as government statistics released on Friday show falling home prices … Read more>>>

Chen Zhenggao of the Ministry of Housing and Urban Rural Development

National Auditors Allege RMB9.37B Fraud and Abuse in Public Housing

Chen Zhenggao of the Ministry of Housing and Urban Rural Development

2014/07/21 by Michael Cole Leave a Comment

China recently set aside RMB 119.3 billion ($19.2 billion) to provide affordable housing for its middle-class, but the program seems to first be creating opportunities for massive fraud and abuse of funds.

The country’s National Audit Office issued a statement… Read More>>

China recently set aside RMB 119.3 billion ($19.2 billion) to provide affordable housing for its middle-class, but the … Read more>>>

Wu Zhizhong

Lust for Real Estate (and Porn) Fells Chinese Officials

Wu Zhizhong

2014/07/21 by Michael Cole Leave a Comment

Details of the downfall of another set of local officials felled by the Xi Jinping government’s anti-corruption campaign were released last week, and once again the misbehaving bureaucrats were accused of accumulating vast real estate holdings. (As well as a… Read More>>

Details of the downfall of another set of local officials felled by the Xi Jinping government's anti-corruption campaign … Read more>>>

SOHO China Harvard

SOHO China Owners Give $15M for Harvard Scholarships

SOHO China Harvard

2014/07/17 by Michael Cole Leave a Comment

China’s real estate elite continued to build bridges with the US this week when Zhang Xin and Pan Shiyi – the flamboyant couple behind developer SOHO China – announced a $15 million gift to Harvard University.

The pair of property entrepreneurs donated… Read More>>

China's real estate elite continued to build bridges with the US this week when Zhang Xin and Pan Shiyi – the flamboyant … Read more>>>

Tong Jinquang Summit Property

Chinese Developer to Buy 60% of Singapore REIT IPO

Tong Jinquang Summit Property

2014/07/17 by Michael Cole Leave a Comment

The real estate billionaire behind a Shanghai shopping mall and hotel plans to buy up the majority of an upcoming Singapore REIT offering as China’s property developers continue to look for ways to invest their wealth overseas.

According to a… Read More>>

The real estate billionaire behind a Shanghai shopping mall and hotel plans to buy up the majority of an upcoming … Read more>>>

Jacob Javits Center

Mystery Mainland Developer Plans NYC Tower for China Buyers

Jacob Javits Center

2014/07/17 by Michael Cole Leave a Comment

A new 380,000 square foot (35,303 square metre) tower in Midtown Manhattan was just announced today, and its developers — one of which appears to represent anonymous mainland investors — appear set on turning Chinese capital into New York profits.

… Read More>>

A new 380,000 square foot (35,303 square metre) tower in Midtown Manhattan was just announced today, and its developers … Read more>>>

China land auction

Real Estate Investment Skid Slowing Down Land Prices

China land auction

2014/07/16 by Michael Cole Leave a Comment

Investment by China’s real estate developers continued to slow during June, as the industry is squeezed between rapidly growing inventory and dropping demand, according to government statistics released today.

And these difficulties facing property firms are rapidly spreading to the… Read More>>

Investment by China's real estate developers continued to slow during June, as the industry is squeezed between rapidly … Read more>>>

Jon Zehner LaSalle

LaSalle Raises $1B to Invest in Asian Real Estate

Jon Zehner LaSalle

2014/07/16 by Michael Cole Leave a Comment

Despite signs of a downturn in Asian property markets, the region’s real estate sector received another vote of confidence from international investors this week, when LaSalle Investment Management announced its successful recruitment of $1 billion in new equity for investment… Read More>>

Despite signs of a downturn in Asian property markets, the region's real estate sector received another vote of … Read more>>>

Wan Qingliang

Guangzhou Party Leader’s Fall Tied to Corrupt Real Estate Deals

Wan Qingliang

2014/07/15 by Michael Cole Leave a Comment

Late last month Guangzhou Party Secretary Wan Qingliang became one of the highest level Chinese officials to lose his job amidst the country’s current anti-corruption campaign, and China media sources are now alleging that a history of dirty real estate… Read More>>

Late last month Guangzhou Party Secretary Wan Qingliang became one of the highest level Chinese officials to lose his … Read more>>>

Charles De Portes Redwood Group

Sam Zell’s Favorite China Logistics Developer Gets $144M Investment From PGGM

Charles De Portes Redwood Group

2014/07/15 by Michael Cole Leave a Comment

Logistics fund manager The Redwood Group this week announced an agreement with Dutch pension fund service provider PGGM that will pour $144M into the group’s warehouse development projects in China.

The investment by PGGM’s Private Real Estate Fund is the… Read More>>

Logistics fund manager The Redwood Group this week announced an agreement with Dutch pension fund service provider PGGM … Read more>>>

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MTD TV

Proptech Forum: Logistics Tech
Logistics Experts Reveal How Tech Is Reshaping Asia’s Distribution Centres
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