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Jinan Grand Theatre

Bank Grabs Assets of Defaulting Chinese Developer

Jinan Grand Theatre

2014/07/07 by Michael Cole Leave a Comment

A government-owned bank in the city of Jinan has confiscated and begun selling off the assets of a delinquent local government real estate company, after successfully suing the property firm in court.

Qilu Bank Co, announced last week that it… Read More>>

A government-owned bank in the city of Jinan has confiscated and begun selling off the assets of a delinquent local … Read more>>>

Yiyin Chiang

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

Yiyin Chiang

2014/07/07 by Michael Cole Leave a Comment

This week China’s real estate community sees another addition to the team at The Redwood Group, a flurry of promotions at JLL, and a new face at the property arm of one of China’s insurance giants. Read on for more… Read More>>

This week China's real estate community sees another addition to the team at The Redwood Group, a flurry of promotions … Read more>>>

Shanghai Housing

Shanghai Home Sales Slid 36.5% in June

Shanghai Housing

2014/07/07 by Michael Cole Leave a Comment

Sales of new housing in Shanghai dropped 36.5 percent in June compared to the same month last year, as China’s commercial capital continues to be hit by a housing slump.

Although a survey released one week ago by China Index… Read More>>

Sales of new housing in Shanghai dropped 36.5 percent in June compared to the same month last year, as China's … Read more>>>

Vanke CEO Yu Liang

China Vanke June Sales Up 44% to RMB 19.4B

Vanke CEO Yu Liang

2014/07/07 by Michael Cole Leave a Comment

Although China’s real estate market is having a rough year, China Vanke, the country’s biggest developer, just declared a 44 percent increase in contracted sales.

According to an announcement from the company on Friday, the newly Hong Kong listed real… Read More>>

Although China's real estate market is having a rough year, China Vanke, the country's biggest developer, just declared … Read more>>>

Sky City groundbreaking

World’s Tallest Building Still a Changsha Watermelon Patch

Sky City groundbreaking

2014/07/07 by Michael Cole Leave a Comment

While plans for a pair of one kilometre tall towers in Wuhan have been in the news recently, an 838 metre tall Chinese project announced last year and planned for completion by April 2014, appears to currently be serving as… Read More>>

While plans for a pair of one kilometre tall towers in Wuhan have been in the news recently, an 838 metre tall Chinese … Read more>>>

Jinan housing policy

Jinan Next in Line as Chinese Cities Roll Back Real Estate Restrictions

Jinan housing policy

2014/07/03 by Michael Cole Leave a Comment

An announcement dated yesterday on a Jinan city government website indicated that the second tier city in Shandong province will soon join several other Chinese urban centres in revising restrictions on home sales as real estate markets sag across the… Read More>>

An announcement dated yesterday on a Jinan city government website indicated that the second tier city in Shandong … Read more>>>

cao yuansheng bank of china

Bank of China Downplays Hard Landing for Real Estate Sector

cao yuansheng bank of china

2014/07/03 by Michael Cole Leave a Comment

A report issued yesterday by one of China’s four largest banks said that the country’s real estate market is at an inflection point, but dismissed the likelihood of a hard landing in the sector, or for significant knock-on effects in… Read More>>

A report issued yesterday by one of China's four largest banks said that the country's real estate market is at an … Read more>>>

Eiffel Tower Hangzhou

More Housing Discounts on Way as China’s Developers Feel Pressure

Eiffel Tower Hangzhou

2014/07/03 by Michael Cole Leave a Comment

After two quarters of slowing homes sales and the occasional developer collapse, China real estate analysts are predicting lower prices and looser credit for the second half of the year.

A report released this week by CRIC, a unit of E-House… Read More>>

After two quarters of slowing homes sales and the occasional developer collapse, China real estate analysts are … Read more>>>

Song Weiping Greentown China

Zhejiang Developers Now Guaranteeing That Prices Will Go Up

Song Weiping Greentown China

2014/07/02 by Michael Cole Leave a Comment

The problem with China’s real estate market in 2014 is confidence, and whether there is too much confidence or not enough of it may depend upon which side of a deal you are sitting on.

Developers in Zhejiang – one… Read More>>

The problem with China's real estate market in 2014 is confidence, and whether there is too much confidence or not … Read more>>>

Atlantic Yards

Greenland Group Closes on $4B Deal with NY’s Ratner

Atlantic Yards

2014/07/02 by Michael Cole Leave a Comment

The US subsidiary of China’s Greenland Group announced this week that it has closed a joint venture deal to develop Atlantic Yards, a 22-acre residential and commercial real estate project in Brooklyn, New York.

Under the terms of the agreement,… Read More>>

The US subsidiary of China's Greenland Group announced this week that it has closed a joint venture deal to develop … Read more>>>

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