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The Woolgate Exchange in the City of London

Cathay Life Insurance Buys London Office Tower for $516M

The Woolgate Exchange in the City of London

2014/08/21 by Michael Cole Leave a Comment

China’s pursuit of London property continued this week, but this time from the other side of the Taiwan Straits, as Cathay Life Insurance purchased a building in the City of London for GBP 311 million ($516 million).

The Taiwanese life… Read More>>

China's pursuit of London property continued this week, but this time from the other side of the Taiwan Straits, as … Read more>>>

Poly property China

Poly Property Says Profits Fall 42% as Finance Costs Rise

Poly property China

2014/08/21 by Michael Cole Leave a Comment

Caught between rising financing costs and slowing sales, Poly Property announced today that its profits for the first half of 2014 had fallen by 42.2 percent compared to the same period last year. China’s second-largest developer by sales, the state-backed… Read More>>

Caught between rising financing costs and slowing sales, Poly Property announced today that its profits for the first … Read more>>>

China Vanke

Vanke Selling More Homes Thanks to Price Cuts

China Vanke

2014/08/21 by Michael Cole Leave a Comment

China’s biggest developer has sold more homes than ever in 2014, but is seeing profit growth compressed by the nation’s housing slump and discounting, according to results released this week by China Vanke.

The Shenzhen-based real estate company declared its… Read More>>

China's biggest developer has sold more homes than ever in 2014, but is seeing profit growth compressed by the nation's … Read more>>>

St James Towers San Jose

Guangzhou R&F Acquires $250M Project in San Jose

St James Towers San Jose

2014/08/20 by Michael Cole Leave a Comment

Developer Guangzhou R&F Properties continued its overseas expansion this week when it acquired a site in San Jose, California for a $250 million residential project. The move is a continuation of an overseas expansion by China’s cashed-up real estate developers,… Read More>>

Developer Guangzhou R&F Properties continued its overseas expansion this week when it acquired a site in San Jose, … Read more>>>

3 Developers Report Rising Profits Despite Sales Challenges

2014/08/20 by Michael Cole Leave a Comment

Despite falling home prices and credit challenges three China real estate developers this week reported jumps in profit reaching 63 percent in the first half of 2014.

Country Garden Holdings, China Resources Land and Franshion Properties all reported their first… Read More>>

Despite falling home prices and credit challenges three China real estate developers this week reported jumps in profit … Read more>>>

Billy Lo Cushman & Wakefield

Cushman & Wakefield Appoints Billy Lo to Lead Beijing Office

Billy Lo Cushman & Wakefield

2014/08/19 by Michael Cole Leave a Comment

Real estate service provider Cushman & Wakefield continues to expand their management team in mainland China, and this week named Billy Lo as General Manager of the company’s Beijing office.

Lo will head the US-based company’s Beijing business after previously… Read More>>

Real estate service provider Cushman & Wakefield continues to expand their management team in mainland China, and … Read more>>>

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>>>

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