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Blackstone Stephen Schwarzman

Blackstone Prefers China’s Warehouses Over Residential

Blackstone Stephen Schwarzman

2014/07/14 by Michael Cole 1 Comment

The head of alternative investment giant Blackstone finds China’s warehouses more interesting than luxury apartments, and just might be in the market for office buildings or shopping malls.

Stephen Schwarzman, chairman and CEO of the US-based private equity firm was… Read More>>

The head of alternative investment giant Blackstone finds China's warehouses more interesting than luxury apartments, … Read more>>>

Longfor Guanyinqiao project

Developer Longfor Turns to Standard Chartered PE for Financing

Longfor Guanyinqiao project

2014/07/14 by Michael Cole Leave a Comment

A cross-border consortium of private equity investors led by a unit of Standard Chartered Bank last week put $124 million into a Chongqing real estate project in a deal that may signal a greater role for private investment funds in… Read More>>

A cross-border consortium of private equity investors led by a unit of Standard Chartered Bank last week put $124 … Read more>>>

Chloe Teo

China Real Estate People in the News 2014-07-14

Chloe Teo

2014/07/14 by Michael Cole Leave a Comment

This week China’s real estate community sees another tranche of promotions at JLL, someone receiving an upgrade at Colliers in Singapore, and a new face at EC Harris in Hong Kong. Read on for more details.

Brian Fu has joined… Read More>>

This week China’s real estate community sees another tranche of promotions at JLL, someone receiving an upgrade at … Read more>>>

Mercer Expat Survey 2014

Shanghai and Beijing Rank as 10th and 11th Most Expensive Cities

Mercer Expat Survey 2014

2014/07/14 by Michael Cole Leave a Comment

New York is cheaper than Beijing and London’s a better bargain than Shanghai, but at least Hong Kong is cheaper than Luanda, Angola.

A report on the cost of living in major cities around the world shows that Hong Kong, Singapore,… Read More>>

New York is cheaper than Beijing and London's a better bargain than Shanghai, but at least Hong Kong is cheaper than … Read more>>>

Parkson Nanning China

Parkson Closes Beijing Shop as Department Stores Stagger

Parkson Nanning China

2014/07/14 by Michael Cole Leave a Comment

Parkson Retail Group has temporarily closed one of its Beijing stores following reports of dropping sales and after it permanently closed two stores in other Chinese cities.

Sam Au, chief financial officer of Parkson Retail Group, told the local press… Read More>>

Parkson Retail Group has temporarily closed one of its Beijing stores following reports of dropping sales and after it … Read more>>>

Jinan downtown

Jinan Lifts Home Purchase Restrictions Amid Housing Glut

Jinan downtown

2014/07/14 by Michael Cole Leave a Comment

The capital of eastern China’s Shandong province will now allow potential buyers to purchase as many homes as they would like, regardless of whether or not they are residents.

The move by the city of Jinan was confirmed by officials… Read More>>

The capital of eastern China's Shandong province will now allow potential buyers to purchase as many homes as they would … Read more>>>

foreign buyers of US homes

Chinese Grab $22B in US Homes to Become Biggest Foreign Buyers

foreign buyers of US homes

2014/07/10 by Michael Cole Leave a Comment

Chinese purchases of US homes rose 19 percent during 2013 to total $22 billion in housing purchases. The surge in spending made China the leading foreign buyers of US homes with 24 percent of US housing purchases by foreign buyers… Read More>>

Chinese purchases of US homes rose 19 percent during 2013 to total $22 billion in housing purchases. The surge in … Read more>>>

Hong Kong Plaza Shanghai

Shanghai Sees Record Prices for Land and Homes This Week

Hong Kong Plaza Shanghai

2014/07/10 by Michael Cole Leave a Comment

In a sign that China’s real estate downturn isn’t being felt the same way in every location, the country’s commercial capital this week saw a record price paid for a land parcel at almost the same time that a developer… Read More>>

In a sign that China's real estate downturn isn't being felt the same way in every location, the country's commercial … Read more>>>

Mark Suchy C&W

Mark Suchy Joins C&W as Head of Capital Markets E China

Mark Suchy C&W

2014/07/10 by Michael Cole Leave a Comment

Real estate service provider Cushman & Wakefield today announced the appointment of Mark Suchy to the position of Director, Capital Markets, East China.

Based in Shanghai, Suchy will be charged with leading the US-based firm’s Capital Markets team in Eastern… Read More>>

Real estate service provider Cushman & Wakefield today announced the appointment of Mark Suchy to the position of … Read more>>>

Dalian Wanda Chicago

Wang Jianlin’s Wanda Buys 90% of $900M Chicago Project

Dalian Wanda Chicago

2014/07/09 by Michael Cole 1 Comment

Dalian Wanda, the real estate developer owned by China’s richest man, reportedly has acquired a site in Chicago to develop a $900 million mixed-use residential, hotel and commercial complex.

The development project in Chicago’s Lakeshore East area is the third… Read More>>

Dalian Wanda, the real estate developer owned by China's richest man, reportedly has acquired a site in Chicago to … Read more>>>

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