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China housing market collapse

China Housing Market Slows For Second Straight Month

China housing market collapse

2014/03/19 by Michael Cole Leave a Comment

Growth in average new home prices in China’s 70 biggest cities slowed to 8.7 percent in February compared to the same period last year, down from 9.6 percent growth the previous month according to analysis of official figures by Mingtiandi.

… Read More>>

Growth in average new home prices in China's 70 biggest cities slowed to 8.7 percent in February compared to the same … Read more>>>

Zhejiang Xingrun real estate

Credit Agency Fitch Sees Trouble for China’s Small Developers

Zhejiang Xingrun real estate

2014/03/19 by Michael Cole Leave a Comment

Credit ratings agency Fitch has reviewed the recent collapse of a property developer in eastern China, and find that this case represents industry trends that investors should be aware of. The text of the agency’s statement follows.

Fitch Ratings says… Read More>>

Credit ratings agency Fitch has reviewed the recent collapse of a property developer in eastern China, and find that … Read more>>>

Poly Real Estate China

Property Stocks and Bonds Fall After Ningbo Developer Collapse

Poly Real Estate China

2014/03/18 by Michael Cole Leave a Comment

Share and bond prices for China’s leading property companies fell sharply today following reports that a Ningbo real estate developer had collapsed, leaving behind RMB 3.5 billion in debt and more than 100 unhappy creditors.

The folding of the developer,… Read More>>

Share and bond prices for China's leading property companies fell sharply today following reports that a Ningbo real … Read more>>>

Zhejiang Xingrun Real Estate

China Developer Collapses Under RMB 3.5B Debt – Owner Held for “Gangster Funding”

Zhejiang Xingrun Real Estate

2014/03/18 by Michael Cole Leave a Comment

A private real estate developer in the Chinese city of Ningbo reportedly failed yesterday under the weight of RMB 3.5 billion ($566.6 million) in debts, and the company’s owner is said to have been detained by authorities.

The pressures currently… Read More>>

A private real estate developer in the Chinese city of Ningbo reportedly failed yesterday under the weight of RMB 3.5 … Read more>>>

Gemdale Trinity Shenyang

UBS Bucks 2nd-Tier City Pessimism With New Residential Real Estate Fund

Gemdale Trinity Shenyang

2014/03/18 by Michael Cole Leave a Comment

Despite a flurry of news reports questioning the credit worthiness of China’s real estate developers and raising the spectre of potential bond defaults, Switzerland’s biggest bank, UBS, is launching a new fund targetting residential opportunities in the nation’s second-tier cities.

… Read More>>

Despite a flurry of news reports questioning the credit worthiness of China's real estate developers and raising the … Read more>>>

China migrant workers

China Creates 100M More City Dwellers in Hukou Reform Measure

China migrant workers

2014/03/18 by Michael Cole Leave a Comment

China took a major step in the government’s move to urbanise its population when the nation’s cabinet officially approved a plan to grant official residence in the country’s major cities for 100 million people.

The move by China’s State… Read More>>

China took a major step in the government's move to urbanise its population when the nation's cabinet officially … Read more>>>

Jiang Daming Minister of Land and Resources

National Property Registration to be Trialled in June This Year

Jiang Daming Minister of Land and Resources

2014/03/18 by Michael Cole Leave a Comment

China took a major step towards implementing one of the key mechanisms for gaining better control of the nation’s real estate market recently when it unveiled a trial plan for a national property register.

The move was announced by the… Read More>>

China took a major step towards implementing one of the key mechanisms for gaining better control of the nation's real … Read more>>>

K-11 Hong Kong New World Tower Shanghai

Billionaire Cheng Yu-tung to Take China New World Land Private

K-11 Hong Kong New World Tower Shanghai

2014/03/17 by Michael Cole Leave a Comment

While Asia’s richest man, Li Ka-shing has been selling out his China real estate assets, Hong Kong’s fifth wealthiest billionaire has decided to double-down on his China bets by taking New World China Land Limited (HKG:0917) private.

The HK$18.6… Read More>>

While Asia's richest man, Li Ka-shing has been selling out his China real estate assets, Hong Kong's fifth wealthiest … Read more>>>

Matheson Street Shop

12 Square Metre Hong Kong Shop Sells for US$23M

Matheson Street Shop

2014/03/17 by Michael Cole Leave a Comment

The new record for most valuable commercial property in Asia belongs to 12 square metre (130 square foot) shop in Hong Kong’s trendy Causeway Bay shopping district.

The non-descript electronics shop at 77-83 Matheson Street near the popular Times Square… Read More>>

The new record for most valuable commercial property in Asia belongs to 12 square metre (130 square foot) shop in Hong … Read more>>>

Paul Andreu Jinan theatre

Paul Andreu-Designed Theatre Completed in Jinan

Paul Andreu Jinan theatre

2014/03/17 by Michael Cole Leave a Comment

Paris-based architect Paul Andreu’s Jinan Grand Theater was completed recently as part of a provincial cultural and arts center in the northern Chinese city.

Andreu, who also designed the Pudong International Airport, as well as the National Grand Theater in… Read More>>

Paris-based architect Paul Andreu's Jinan Grand Theater was completed recently as part of a provincial cultural and arts … Read more>>>

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