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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>>>

Hainan bikini party

Hainan Highest for Real Estate Investment as Tourism Rises

Hainan bikini party

2014/08/13 by Michael Cole Leave a Comment

As China’s housing boom fades the country’s real estate investors appear to be shifting to tourism, as “destination” provinces now lead the nation for property investment’s contribution to their economies.

In Hainan, which is the only tropical island province in… Read More>>

As China's housing boom fades the country's real estate investors appear to be shifting to tourism, as “destination” … Read more>>>

REIW Asia 2014

China Downturn Providing Opportunity for Citic and Grosvenor

REIW Asia 2014

2014/08/12 by Michael Cole Leave a Comment

The best time to invest may just be that moment when most other investors have given up on the market, at least that seems to be the case for Citic Capital and Grosvenor.

Both state-owned asset manager Citic and UK-based… Read More>>

The best time to invest may just be that moment when most other investors have given up on the market, at least that … Read more>>>

Benjamin Zhang of Knight Frank

Knight Frank Promotes Newcomer to Head of Landlord Rep in Shanghai

Benjamin Zhang of Knight Frank

2014/08/12 by Michael Cole Leave a Comment

International property consultancy Knight Frank announced this week that it has promoted Benjamin Zhang to head its landlord representation in Shanghai, as the UK-based company following the newcomer’s strong performance in his first few months with the team.

According to… Read More>>

International property consultancy Knight Frank announced this week that it has promoted Benjamin Zhang to head its … Read more>>>

China real estate demand

Standard Chartered Survey Finds Major Gloom Among China Real Estate Developers

China real estate demand

2014/08/11 by Michael Cole Leave a Comment

While some analysts are predicting that the decision by China’s government to loosen home purchase restrictions will lead to a rapid recovery in the housing market, a recent survey by Standard Chartered shows that the people who need to borrow… Read More>>

While some analysts are predicting that the decision by China's government to loosen home purchase restrictions will … Read more>>>

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