Here is a list of the day’s latest China real estate news collected from around the web:
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CapitaLand aligns brand name in Chinese to ‘Kai de’
Singapore’s real estate major CapitaLand announced Friday that it will align its brand name in Chinese to “Kai de” with immediate effect. The change means that both CapitaLand Limited and CapitaLand Group, which formerly pronounced “Jia de zhi di” and “Jia de zhi di ji tuan” respectively in Chinese, will change to “Kai de ji tuan” in the future.
The company said some of their businesses in China are already using the name “Kai de”, citing CapitaLand China and CapitaMalls Asia that are pronounced “Kai de zhong guo” and “Kai de shang yong ” in Chinese respectively.
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Investors bullish about 2013 China property market says DTZ
China’s property market will improve this year, according to most respondents to a survey.
They say the residential sector will lead the way followed by the retail, office and industrial sectors.
The survey, by global real estate service firm DTZ, found a majority of respondents did not expect any change in their debt financing prospects this year.
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China to continue regulating land supply for housing construction
China will continue its regulation of land supply for housing use in 2013 to promote the stability of land market and healthy economic growth, a senior land and resources official said on Friday.
Xu Shaoshi, minister of land and resources, made the remarks at a national meeting on land and resources here.
Xu said China will intensify macro-control on land and monitoring of major real estate enterprises. China will also step up supervision on supplied housing land and punish those who violate land using regulations.
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