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Yuehe International Plaza

Shanghai Project Frozen By Courts as Developer Can’t Pay Bills

Yuehe International Plaza

2014/06/30 by Michael Cole Leave a Comment

The credit problems of China’s real estate industry spread into its first-tier cities recently when a 220,000 square metre development project was halted by the courts after the developer ran out of cash.

The suspension of the mixed-use project belonging… Read More>>

The credit problems of China's real estate industry spread into its first-tier cities recently when a 220,000 square … Read more>>>

Hohhot Inner Mongolia

Hohhot Confirms Removal of Home Sales Restrictions

Hohhot Inner Mongolia

2014/06/30 by Michael Cole Leave a Comment

After some apparent second thoughts, the Chinese city of Hohhot has officially lifted some of the key restraints on home sales, as the Inner Mongolian capital struggles with a severe oversupply of housing.

According to a statement on Hohhot’s local… Read More>>

After some apparent second thoughts, the Chinese city of Hohhot has officially lifted some of the key restraints on home … Read more>>>

LInda Chan Cushman & Wakefield

Cushman & Wakefield Adds Linda Chan to Beijing Leasing Team

LInda Chan Cushman & Wakefield

2014/06/30 by Michael Cole Leave a Comment

Real estate consultancy Cushman & Wakefield continued to expand its China team last week by bringing over Linda Chan as a director with the New York-based company’s Tenant Advisory Group.

Operating from Cushman & Wakefield’s Beijing office, Chan will be… Read More>>

Real estate consultancy Cushman & Wakefield continued to expand its China team last week by bringing over Linda Chan … Read more>>>

Hohhot Inner Mongolia

Guess Not Hohhot! Inner Mongolian City Backtracks on Real Estate Rules

Hohhot Inner Mongolia

2014/06/27 by Michael Cole Leave a Comment

The capital of Inner Mongolia seems to have succeeded in finding out how far a Chinese city can go in rolling back policy restrictions on home sales, and the answer appears to be “not quite that far.”

After the government… Read More>>

The capital of Inner Mongolia seems to have succeeded in finding out how far a Chinese city can go in rolling back … Read more>>>

Grand Hyatt Hotel Shanghai

Franshion Properties Raises $414M in Jinmao Hotel Group IPO

Grand Hyatt Hotel Shanghai

2014/06/27 by Michael Cole Leave a Comment

Chinese hotel development group Jinmao Investments and Jinmao (China) received a lukewarm welcome in its debut on the Hong Kong stock exchange yesterday, raising HK$3.2 billion ($414 million) in an undersubscribed IPO.

The spin-off of hospitality assets from mainland developer… Read More>>

Chinese hotel development group Jinmao Investments and Jinmao (China) received a lukewarm welcome in its debut on the … Read more>>>

China Construction Bank London

China Construction Bank Buys London Office Tower for $187M

China Construction Bank London

2014/06/27 by Michael Cole Leave a Comment

For the second time this month a Chinese financial institution has acquired a London office building, as China Construction Bank was revealed today to have purchased a tower in the city’s financial district for 110 million pounds ($187 million).

China… Read More>>

For the second time this month a Chinese financial institution has acquired a London office building, as China … Read more>>>

governor-elect Won Hee-ryong

ResortsWorld Casino and Greenland Group Korean Deals Halted

governor-elect Won Hee-ryong

2014/06/26 by Michael Cole Leave a Comment

The new governor of South Korea’s Jeju island has decided that Chinese property projects in the gambling mecca, including a $2.2 billion casino and a 63-storey resort tower, need a second look and this could mean trouble for some mainland… Read More>>

The new governor of South Korea's Jeju island has decided that Chinese property projects in the gambling mecca, … Read more>>>

Yang Dingguo Zhongdou Group

Hangzhou Developer Arrested After Loan Default and Fraud Reports

Yang Dingguo Zhongdou Group

2014/06/25 by Michael Cole 1 Comment

China’s real estate industry and the shadow banking network that it relies on received a collective black eye this week when a Hangzhou developer first defaulted on loan payments, and was later arrested on fraud allegations surrounding RMB 2 billion… Read More>>

China's real estate industry and the shadow banking network that it relies on received a collective black eye this week … Read more>>>

Jeremy Kelly of JLL

Shanghai World’s 4th Best for Real Estate Investment

Jeremy Kelly of JLL

2014/06/25 by Michael Cole Leave a Comment

A study on real estate investment prospects released this week compared 300 cities worldwide for basic factors driving commercial property value growth, and ranked Shanghai fourth, behind only San Francisco, London, and Dubai.

The Global 300 Cities report by property… Read More>>

A study on real estate investment prospects released this week compared 300 cities worldwide for basic factors driving … Read more>>>

Guo-Rui Square

China Property Developer Hopes to Raise $242M in HK IPO

Guo-Rui Square

2014/06/24 by Michael Cole Leave a Comment

Despite an onslaught of scary headlines about Chinese real estate, at least one mainland property developer sees 2014 as a good time to start selling shares on Hong Kong’s stock market.

Beijing-based Guorui Properties Ltd is hoping to raise $242.4… Read More>>

Despite an onslaught of scary headlines about Chinese real estate, at least one mainland property developer sees 2014 as … Read more>>>

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