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Dubai real estate

Dubai Real Estate Starts to Catch On With Chinese Investors

Dubai real estate

2014/01/14 by Syndicated Content Leave a Comment

The bubble created in Dubai’s real estate market burst in 2008, but the sector is now making a comeback, attracting global investors including those from China, reports Shanghai’s China Business News.

Housing prices in Dubai have surged by nearly 30% over the past year, with Dubai-based real estate developers recruiting salespeople that can speak Chinese

The bubble created in Dubai's real estate market burst in 2008, but the sector is now making a comeback, attracting … Read more>>>

China Home Price

Cities Unable to Meet Housing Price Control Targets Say Experts

China Home Price

2014/01/14 by Syndicated Content Leave a Comment

It’s virtually impossible for major Chinese cities to meet their housing price control target set for 2013, experts say.

The prices of newly built housing in the four first-tier cities, namely Beijing, Shanghai, Shenzhen and Guangzhou, kept a 20 percent growth rate from September to November, according to statistics published by National Bureau of Statistics.

It's virtually impossible for major Chinese cities to meet their housing price control target set for 2013, experts … Read more>>>

James Shepherd Cushman Wakefield

Cushman & Wakefield Hires New China Research Head

James Shepherd Cushman Wakefield

2014/01/14 by Michael Cole Leave a Comment

Real estate consultancy Cushman & Wakefield today announced the appointment of James Shepherd as its new Head of Research for Greater China.

Based in Shanghai, Mr Shepherd will be responsible for reporting on trends and events in the real estate… Read More>>

Real estate consultancy Cushman & Wakefield today announced the appointment of James Shepherd as its new Head of … Read more>>>

Freddy Lee Shui On Land

Freddy Lee Takes the Fall as Shui On Continues to Struggle

Freddy Lee Shui On Land

2014/01/13 by Michael Cole Leave a Comment

Shui On Land CEO Freddy Lee abruptly stepped down from his leadership of one of China’s best-known real estate developers late last week, leading to speculation that he had been dismissed by company founder and chairman Vincent Lo.

In a… Read More>>

Shui On Land CEO Freddy Lee abruptly stepped down from his leadership of one of China's best-known real estate … Read more>>>

Pan Shiyi Courts the Press and Tests Pollution on Shanghai’s Subway

2014/01/13 by Michael Cole Leave a Comment

Real estate developer and attention-seeker Pan Shiyi led the media on a pollution-checking tour of Shanghai’s subway on Friday in an apparent attempt to ensure the public that the city’s public transport was pretty ok.

Pan’s day job may be… Read More>>

Real estate developer and attention-seeker Pan Shiyi led the media on a pollution-checking tour of Shanghai's subway on … Read more>>>

Guangzhou Evergrande

Evergrande Jumps into Water Biz with RMB5.7B in Orders

Guangzhou Evergrande

2014/01/13 by Michael Cole Leave a Comment

Not content with being China’s second largest real estate developer or winning the AFC Champions League soccer crown, Guanzhou-based Evergrande Group announced orders worth RMB 5.7 billion ($940 million) for its new bottled water brand, Evergrande Spring over the weekend.

At a ceremony in the city of Qingyuan in Guangdong, the company’s chairman, Xu Jiayin announced plans to…

Not content with being China's second largest real estate developer or winning the AFC Champions League soccer crown, … Read more>>>

fosun guo guangchang

China’s Warren Buffett Buys European Insurer for $1.36B

fosun guo guangchang

2014/01/13 by Michael Cole Leave a Comment

Chinese conglomerate Fosun International Ltd. picked up Portuguese insurance firm Caixa Seguros e Saude this week for 1 billion euros ($1.36 billion), marking one of the biggest overseas investments in the finance sector to date by a Chinese investor.

In a sign of China’s growing economic clout, Fosun bested U.S. buyout firm Apollo Management International LLP to acquire the insurance arm of Portugal state bank Caixa Geral de Depositos SA

Chinese conglomerate Fosun International Ltd. picked up Portuguese insurance firm Caixa Seguros e Saude this week for 1 … Read more>>>

Pauline Oh ULI

China Real Estate People in the News 2014-01-13

Pauline Oh ULI

2014/01/13 by Michael Cole Leave a Comment

Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or simply taken the fall for failing to captain a company that was still being run by the chairman anyway.

Read More>>

Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, … Read more>>>

china poly real estate

China Developer Poly Real Estate Reports 27 Percent Profit Jump

china poly real estate

2014/01/13 by Syndicated Content Leave a Comment

Poly Real Estate Group, China’s second-largest property developer by market value, announced on Thursday that its net profits for 2013 surged 27.63 percent year on year to 10.77 billion yuan (1.77 billion U.S. dollars).

The company’s business income rose 34 percent from one year earlier to 92.33 billion yuan last year, it said in a report filed to the Shanghai Stock Exchange.

Poly Real Estate Group, China's second-largest property developer by market value, announced on Thursday that its net … Read more>>>

China land sales surge

China’s Surging Land Sales Create Dilemma for Govt

China land sales surge

2014/01/13 by Syndicated Content Leave a Comment

Record revenues from land sales last year were a mixed blessing for heavily indebted local governments on the mainland.

They worry the central government will be provoked to launch a fresh round of curbs to prevent overheating of the property market.

Record revenues from land sales last year were a mixed blessing for heavily indebted local governments on the … Read more>>>

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