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Justin Chiu Kwok-hung Fortune REIT

Li Ka-shing Trust Opposes Hong Kong REIT Reform Plan

Justin Chiu Kwok-hung Fortune REIT

2014/01/08 by Michael Cole Leave a Comment

A REIT controlled by Hong Kong’s richest man, Li Ka-shing is bucking a Hong Kong government proposal that would widen the scope of activity for real estate investment trusts listed on the Hong Kong stock exchange.

Justin Chiu Kwok-hung, who heads Fortune REIT, a trust operated by Li’s Cheung Kong Holdings has stated that the proposal, which would allow REITs to engage in new project development may present too much risk.

A REIT controlled by Hong Kong's richest man is bucking a Hong Kong government proposal that would widen the scope of … Read more>>>

China Vanke Sees Revenues Jump 15 Percent in 2013

2014/01/07 by Michael Cole Leave a Comment

It’s been known for some time that China’s real estate developers enjoyed a strong year in 2013. Now that the year is over, however, just how well some of theses property firms performed is becoming clearer.

Data provider China Real Estate Information Corp recently published figures showing that the number of developers with annual sales of more than 100 billion yuan rose to seven in 2013 — up from only three in 2012.

It's been known for some time that China's real estate developers enjoyed a strong year in 2013. Now that the year is … Read more>>>

Qin Hong China Housing

China’s Real Estate Market Predicted to Be Unpredictable in 2014

Qin Hong China Housing

2014/01/07 by Michael Cole Leave a Comment

China’s real estate market performed beyond expectations in 2013, with most developers showing strong growth in sales and profits, and the majority of cities saw housing prices continuing to rise.

However, at least one China expert foresees such progress as harder to come by in 2014.

China's real estate market performed beyond expectations in 2013, with most developers showing strong growth in sales … Read more>>>

Xi’an Store Attracts Shoppers with RMB 50 Mil Yellow Brick Road

2014/01/07 by Michael Cole Leave a Comment

You’re not in Kansas anymore, it’s Shaanxi.

As malls proliferate across China, attracting shoppers to new stores is understandably getting mor challenging. So a new gold shop at a mall in Xi’an is using this precious metal to pull in those picky shoppers.

A reporter from China Radio International found that,

You're not in Kansas anymore, it's Shaanxi. As malls proliferate across China, attracting shoppers to new stores is … Read more>>>

Taiwan Debates New Real Estate Taxes for Surging Market

2014/01/07 by Michael Cole Leave a Comment

It seems that the mainland is not the only Chinese place grappling with taxing real estate as Taiwan’s mushrooming housing market is forcing authorities there to look for measures to cool down housing prices.

According to a report in the China Post,

It seems that the mainland is not the only Chinese place grappling with taxing real estate as Taiwan's mushrooming … Read more>>>

China’s Latest Apple Store to Open in Beijing on Friday – China Real Estate Links 2014-01-07

2014/01/07 by Michael Cole Leave a Comment

Apple is set to open a new retail store in China on Friday, January 10 at the China Central Mall in the Chaoyang District of Beijing, approximately two miles from the existing Sanlitun Apple Store in Beijing.

The China Central… Read More>>

Apple is set to open a new retail store in China on Friday, January 10 at the China Central Mall in the Chaoyang … Read more>>>

Li Ka-shing

Li Ka-shing Continues to Dump China Assets with RMB 3 bil Nanjing Sale

Li Ka-shing

2014/01/06 by Michael Cole Leave a Comment

Asia’s richest man, Li Ka-shing continued to retreat from the mainland property market by selling a Nanjing commercial building recently for RMB 3 billion.

China’s Xinhua news agency reported on January 1st that mainland conglomerate SanPower Group indicated it had… Read More>>

Asia's richest man, Li Ka-shing continued to retreat from the mainland property market by selling a Nanjing commercial … Read more>>>

Wang Jianlin Dalian Wanda

Dalian Wanda’s Wang Jianlin Declares War on Disney

Wang Jianlin Dalian Wanda

2014/01/06 by Michael Cole Leave a Comment

China’s richest man is getting ready to face off with the world’s best known mouse.

Wang Jianlin, the founder of real estate developer Dalian Wanda has announced plans to invest tens of billions of renminbi into a “cultural city” destination… Read More>>

China's richest man is getting ready to face off with the world's best known mouse. Wang Jianlin, the founder of real … Read more>>>

China Real Estate Tycoon Slams CCTV as ‘Dumbest Pig on Earth’

2014/01/06 by Michael Cole Leave a Comment

China Real Estate Tycoon Slams CCTV as ‘Dumbest Pig on Earth‘

Property tycoon Ren Zhiqiang, an influential microblogger with more than 16 million followers on his Chinese Weibo, slammed China’s state broadcaster in a recent post as “the dumbest pig… Read More>>

China Real Estate Tycoon Slams CCTV as 'Dumbest Pig on Earth' Property tycoon Ren Zhiqiang, an influential microblogger … Read more>>>

Fig Central Staples Center

China Buys More US Real Estate with $200 Million LA Deal

Fig Central Staples Center

2014/01/06 by Michael Cole Leave a Comment

The latest major purchase of US property by a Chinese developer is the acquisition of a US$200 million Los Angeles project by Oceanwide Real Estate Group (000046.SZ).

According to a recent report in the Wall Street Journal, Beijing-based Oceanwide, which… Read More>>

The latest major purchase of US property by a Chinese developer is the acquisition of a US$200 million Los Angeles … Read more>>>

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