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Xi Jinping

China’s MOHURD Rolls Out Social Credit System for the Real Estate Industry

Xi Jinping

2018/11/11 by Emma Zhou Leave a Comment

To follow through on President Xi Jinping’s vow of “homes are for living, not for flipping”, China’s primary real estate regulator on Thursday announced penalties for companies which mislead customers and cheat on regulations designed to promote transparency in the… Read More>>

To follow through on President Xi Jinping’s vow of “homes are for living, not for flipping”, China’s primary real estate … Read more>>>

wang jianlin wanda

Wanda Takes on RMB 30B Tourism Project in Lanzhou

wang jianlin wanda

2018/11/11 by Emma Zhou Leave a Comment

After selling 13 Wanda tourism cities to Sunac China less than two weeks ago, mainland real estate tycoon Wang Jianlin’s Dalian Wanda Group has agreed to build a new Wanda tourism city in the northwestern China city of Lanzhou.

The… Read More>>

After selling 13 Wanda tourism cities to Sunac China less than two weeks ago, mainland real estate tycoon Wang Jianlin's … Read more>>>

Gan Li

Survey Shows 22% of Mainland Homes Unoccupied and More Asia Real Estate Headlines

Gan Li

2018/11/10 by Michael Cole Leave a Comment

At the top of today’s real estate news from around the region, while China’s leaders seem determined to stamp out housing speculation, that sentiment seems to have had little impact on the country’s world-leading supply of empty homes. Further south,… Read More>>

At the top of today’s real estate news from around the region, while China’s leaders seem determined to stamp out … Read more>>>

Sing Cheong Liu Grosvenor

Grosvenor Appoints Sing Cheong Liu as APAC Chairman, Replacing Keith Kerr

Sing Cheong Liu Grosvenor

2018/11/09 by Michael Cole Leave a Comment

Grosvenor Group today announced the appointment of Sing Cheong Liu as non-executive chairman of the UK-based developer’s Asia Pacific board, replacing Keith Kerr.

62-year-old Liu, a veteran chartered surveyor who also served as the founding chairman of the Royal Institute… Read More>>

Grosvenor Group today announced the appointment of Sing Cheong Liu as non-executive chairman of the UK-based developer’s … Read more>>>

Chen Feng HNA

HNA Selling Guangzhou Project to Vanke for RMB 1.6B

Chen Feng HNA

2018/11/08 by Emma Zhou Leave a Comment

Financially troubled mainland conglomerate HNA continued its ongoing series of property disposals on Wednesday as it announced an agreement to sell its Central Hotel Square project in Guangzhou to China Vanke for approximately RMB 1.035 billion ($150 million) in cash,… Read More>>

Financially troubled mainland conglomerate HNA continued its ongoing series of property disposals on Wednesday as it … Read more>>>

Canali Wheelock House

Mainland Bank Leases Storefront in Central’s Wheelock House at 55% Discount

Canali Wheelock House

2018/11/08 by Emma Zhou Leave a Comment

China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand its footprint in the city’s Central district at a rent less than half of what an earlier tenant paid for… Read More>>

China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand … Read more>>>

Tricia Song Colliers

Hong Kong Office Rents Set to Slide as SG Market Keeps Climbing

Tricia Song Colliers

2018/11/08 by Jan Kot Leave a Comment

Rents in the world’s costliest office market, Hong Kong, may fall for the first time in four years during 2019, as a tanking stock market, rising interest rates and the US-China trade war weigh on sentiment in the financial hub,… Read More>>

Rents in the world’s costliest office market, Hong Kong, may fall for the first time in four years during 2019, as a … Read more>>>

Turochas Fuad spacemob

WeWork Opening in Manila, HCMC and More Asia Real Estate Headlines

Turochas Fuad spacemob

2018/11/08 by Michael Cole Leave a Comment

Flexible office phenomenon WeWork hits the headlines again today as the co-working pioneer announces impending openings in a pair of new Southeast Asian markets – the Philippines and Vietnam. Also in the news, Chinese gadget maker Xiaomi has decided to… Read More>>

Flexible office phenomenon WeWork hits the headlines again today as the co-working pioneer announces impending openings … Read more>>>

Li Sze-lim Guangzhou R&F

Guangzhou R&F Properties Plans $1.4B Share Sale After Bond Funding Shut Down

Li Sze-lim Guangzhou R&F

2018/11/07 by Jan Kot Leave a Comment

Top 20 mainland Chinese developer R&F Properties has asked shareholders to approve a HK$10.7 billion ($1.4 billion) sale of Hong Kong-listed shares, in its first equity fundraising effort since 2006.

The planned issue of H-shares comes two months after the… Read More>>

Top 20 mainland Chinese developer R&F Properties has asked shareholders to approve a HK$10.7 billion ($1.4 billion) … Read more>>>

Lee Shau-kee Henderson

Henderson, New World, Wheelock and Empire Win Kai Tak Site for HK$8.33B

Lee Shau-kee Henderson

2018/11/07 by Michael Cole Leave a Comment

A four company consortium featuring some of Hong Kong’s biggest developers was announced as the winner of a government tender for a residential site in the city’s Kai Tak area today, picking up the prime plot at what could be… Read More>>

A four company consortium featuring some of Hong Kong’s biggest developers was announced as the winner of a government … Read more>>>

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