Late last week and into the weekend there were a number of breaking news stories, including China’s bad asset bank Cinda picking up two plots of land in Shanghai, China Resources Holdings upping its stake in developer China Vanke, and… Read More>>
Xinyuan Real Estate (NYSE:XIN) today announced that it has acquired a land parcel in Changsha for RMB 688.9 million (US$112.2 million), as the residential developer made its third land purchase in China’s second-tier cities this year.
Xinyuan’s new 89,460 square… Read More>>
Reports of a bubble in China’s real estate industry are on the rise this week as developers in Hangzhou and Changzhou have begun discounting homes to improve cashflow.
Discounts of as much as 36 percent for two projects in prosperous… Read More>>
Global Logistic Properties Limited (GLP), the biggest logistics developer in China, announced this week that it has signed a strategic partnership agreement with the country’s largest state-owned logistics services company to develop a nation-wide network of logistics facilities.
In addition to… Read More>>
China’s 10 biggest developers poured more than half of their RMB 63.9 billion (US$10.5 billion) in land purchases this year into four of the country’s biggest cities as competition for prime locations increases.
A recent report in the Securities Daily… Read More>>
A hospital affiliated with Harvard University this week restated its interest in developing hospitals in China together with real estate developer Guangzhou Evergrande. The potential cooperative healthcare project was first reported in December last year, shortly after the property firm… Read More>>
SOHO China announced on April 1st, that an agreement had been reached with Shanghai JingAn Real Estate Co to acquire an 81,000 sqm commercial real estate project currently in progress in Shanghai’s Caojiadu area for RMB 1.6 billion.
According to… Read More>>