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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>>>

Greenland HK May Create Venture to Develop Shanghai Land

2014/01/13 by Syndicated Content Leave a Comment

Greenland Hong Kong Holdings Ltd. (337), a real estate unit of Chinese state-owned Greenland Holding Group Co., said it may create a venture to develop land it bought in Shanghai last month for 5.95 billion yuan ($983 million).

The company is in talks with a “reputable property developer” in China for the investment, according to a Hong Kong stock exchange filing yesterday.

Greenland Hong Kong Holdings Ltd. (337), a real estate unit of Chinese state-owned Greenland Holding Group Co., said it … Read more>>>

Tishman the Springs

US Developer Tishman Speyer Stands Out in China Real Estate

Tishman the Springs

2014/01/13 by Syndicated Content Leave a Comment

As foreign developers have raced to participate in the Chinese growth miracle, few have been more aggressive than Tishman Speyer Properties LP, which has invested some $3 billion since 2006.

Now as the Chinese economy appears to be cooling and some analysts warn of vacancies in so-called ghost cities, Tishman Speyer shows no sign of retreat.

As foreign developers have raced to participate in the Chinese growth miracle, few have been more aggressive than … Read more>>>

Greenland Holding Could IPO in 1st Half of 2014

2014/01/13 by Syndicated Content Leave a Comment

China’s Greenland Holding Group could complete its domestic listing by the first half of this year, its chairman said on Friday.

Such a move—which would require government approval—could make the acquisitive state-controlled company the first property developer to list on mainland China since 2010.

China's Greenland Holding Group could complete its domestic listing by the first half of this year, its chairman said on … Read more>>>

Chinese Investors Take Cornerstone of Singapore Trust IPO

2014/01/13 by Syndicated Content Leave a Comment

Chinese investors are not just buying overseas property, they’re also piling into trust listings of real estate overseas.

OUE Ltd.LJ3.SG 0.00%, the Singapore-listed property firm that is set to start taking orders Monday for the initial public offering of its commercial assets in China and Singapore, has sold close to half of the nearly US$300 million deal to cornerstone investors—of which Chinese buyers make up a big part.

Chinese investors are not just buying overseas property, they're also piling into trust listings of real estate … Read more>>>

land title

China to Establish National Real Estate Registration System

land title

2014/01/13 by Syndicated Content Leave a Comment

China will set up a bureau for real estate registration to facilitate property management reform, China’s top land and resources regulator said on Saturday.

The establishment of the bureau is designed to improve unified system design for registration as China will spell out related regulations this year, Xu Deming, vice minister of land and resources said at a work-planning meeting.

China will set up a bureau for real estate registration to facilitate property management reform, China's top land and … Read more>>>

Expensive office markets

China Now Home to 4 of the World’s 10 Priciest Office Locations

Expensive office markets

2014/01/09 by Michael Cole Leave a Comment

Four out of the world’s ten most expensive office locations are in China, according to a newly released survey, with Beijing and Hong Kong leading the list.

Leasing an office in Beijing’s Financial Street (Jinrong Jie) will cost you US$2120 per square metre per year, and in the Central Business District area you could save a few bucks and get by with paying only

Four out of the world's ten most expensive office locations are in China, according to a newly released survey, with … Read more>>>

Goodman Interlink

Lack of Land Pushing Up Cost of China Logistics Space

Goodman Interlink

2014/01/09 by Michael Cole 1 Comment

An unwillingness by local governments to sell land for logistics use, and the rapid expansion of China’s ecommerce sector, are driving up the costs of warehouse space for users on the mainland according to real estate analysts, with rents in Beijing now reaching US$7 per square metre per year.

An unwillingness by local governments to sell land for logistics use, and the rapid expansion of China's ecommerce … Read more>>>

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